WHEELWRIGHTS BARN, BACK LANE, DRAYCOTT, CHEDDAR, BS27 3TX - £415,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

WHEELWRIGHTS BARN is a large extended detached house of 163m², built sometime between 2007 and 2011, which could now be worth an estimated £666,162. It was last sold for £415,000 in October 2010, which was around 45% above the average October 2010 detached price in the Somerset local authority area. The most recent EPC inspection was September 2021, where the current energy rating was B, and the potential energy rating was B.

WHEELWRIGHTS BARN Sold Prices

Land registry data shows two sales for WHEELWRIGHTS BARN since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Somerset local authority area for the corresponding sale date. Both of the two WHEELWRIGHTS BARN sales were for above the average price. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
2010 15 OCT	£415,000	£286,834	45% above HPI
2007 2 NOV	£450,000	£308,256	46% above HPI

WHEELWRIGHTS BARN Price Paid vs. HPI Average

The below graph shows the average detached house price in the Somerset local authority area over time, sourced from the HPI. The two WHEELWRIGHTS BARN sales from November 2007 and October 2010 have been plotted on the graph. A line has been extrapolated to show what the value of the property might have been over time, following each sale, had it maintained the same margin above or below the HPI (as a percentage). For example, the November 2007 sale was for 46% above the HPI. So the extrapolation line tracks at 46% above the HPI over time, until the October 2010 sale, where it falls to 45% above the HPI. The line then continues to track at 45% above the HPI.

What might WHEELWRIGHTS BARN be worth now?

WHEELWRIGHTS BARN might now be worth an estimated £666,162.

This is based on house price inflation of 60.5%, between October 2010 and February 2025, for detached houses, in the Somerset local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 60.5% inflationary increase is applied to the most recent sale price for WHEELWRIGHTS BARN of £415,000 on 15th October 2010. For the value to have increased from £415,000 to £666,162 over the fifteen years and eight months to February 2025, the following assumptions must hold true:

• The value of WHEELWRIGHTS BARN has moved in line with the HPI for detached houses in the Somerset local authority area.
• The October 2010 sale price of £415,000 represented a fair market value for the property.
• The size, condition, and specification of WHEELWRIGHTS BARN has not materially changed since October 2010.

How Large is WHEELWRIGHTS BARN?

WHEELWRIGHTS BARN is 163m², which includes one extension, according to the EPC inspection conducted in September 2021. This puts it in the largest 30% of detached houses houses in Draycott, based on EPC data. The below chart shows the distribution of detached houses houses by size in Draycott, and where WHEELWRIGHTS BARN lies on this distribution: 76% of detached houses houses are smaller than WHEELWRIGHTS BARN, and 23% of houses are larger. Note that EPC data is not available for all properties in Draycott.

WHEELWRIGHTS BARN: Plot and Title Map

WHEELWRIGHTS BARN sits on a plot of roughly 0.085 of an acre, or 345m². The below map shows the location of WHEELWRIGHTS BARN, an approximate outline of the building(s), and the indicative extent of the property. The plot extent is a Land Registry INSPIRE Index Polygon, and it is important to note that a title may include more than one polygon, whereas only one polygon is shown on the map (the polygon which intersects with the position of WHEELWRIGHTS BARN). The full extent of the land contained in any registered title can only be identified from the individual title plan. The maps on this page should not be relied upon to establish the extent of a title.

Where is WHEELWRIGHTS BARN?

WHEELWRIGHTS BARN is located on BACK LANE in DRAYCOTT, in the BS27 postcode district. The below map shows the position of WHEELWRIGHTS BARN on BACK LANE.