WYCHWAY, LOWER NORTH STREET, CHEDDAR, BS27 3HH - £495,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

WYCHWAY is a small extended detached house of 114m², built sometime between 1976 and 1982. It was last sold for £495,000 in May 2023, which was around 13% above the average May 2023 detached price in the Somerset local authority area. The most recent EPC inspection was January 2023, where the current energy rating was D, and the potential energy rating was C.

WYCHWAY Sold Prices

Land registry data shows two sales for WYCHWAY 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. One of the two WYCHWAY sales was for above the average price, whilst the other was for below 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
2023 18 MAY	£495,000	£438,467	13% above HPI
2012 27 FEB	£250,000	£264,233	5% below HPI

WYCHWAY 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 WYCHWAY sales from February 2012 and May 2023 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 February 2012 sale was for 5% below the HPI. So the extrapolation line tracks at 5% below the HPI over time, until the May 2023 sale, where it rises to 13% above the HPI. The line then continues to track at 13% above the HPI.

How Large is WYCHWAY?

WYCHWAY is 114m², which includes one extension, according to the EPC inspection conducted in January 2023. This puts it in the smallest 40% of detached houses in Cheddar, based on EPC data. The below chart shows the distribution of detached houses by size in Cheddar, and where WYCHWAY lies on this distribution: 39% of detached houses are smaller than WYCHWAY, and 61% of houses are larger. Note that EPC data is not available for all properties in Cheddar.

WYCHWAY: Plot and Title Map

WYCHWAY sits on a plot of roughly 0.164 of an acre, or 664m². The below map shows the location of WYCHWAY, 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 WYCHWAY). 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 WYCHWAY?

WYCHWAY is located on LOWER NORTH STREET in CHEDDAR, in the BS27 postcode district. The below map shows the position of WYCHWAY on LOWER NORTH STREET.