1, GLEBELANDS CLOSE, CHEDDAR, BS27 3XP - £325,000

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.

1 GLEBELANDS CLOSE is a small detached house of 111m², built sometime between 1996 and 2002, which could now be worth an estimated £404,126. It was last sold for £325,000 in January 2019, which was around 12% below the average January 2019 detached price in the Somerset local authority area. The most recent EPC inspection was September 2018, where the current energy rating was D, and the potential energy rating was B.

1 GLEBELANDS CLOSE Sold Prices

Land registry data shows two sales for 1 GLEBELANDS CLOSE 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 1 GLEBELANDS CLOSE sales was for below the average price, whilst the other was 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
2019 18 JAN	£325,000	£370,279	12% below HPI
2000 31 AUG	£155,000	£142,096	9% above HPI

1 GLEBELANDS CLOSE 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 1 GLEBELANDS CLOSE sales from August 2000 and January 2019 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 August 2000 sale was for 9% above the HPI. So the extrapolation line tracks at 9% above the HPI over time, until the January 2019 sale, where it falls to 12% below the HPI. The line then continues to track at 12% below the HPI.

What might 1 GLEBELANDS CLOSE be worth now?

1 GLEBELANDS CLOSE might now be worth an estimated £404,126.

This is based on house price inflation of 24.3%, between January 2019 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 24.3% inflationary increase is applied to the most recent sale price for 1 GLEBELANDS CLOSE of £325,000 on 18th January 2019. For the value to have increased from £325,000 to £404,126 over the five years and eleven months to February 2025, the following assumptions must hold true:

• The value of 1 GLEBELANDS CLOSE has moved in line with the HPI for detached houses in the Somerset local authority area.
• The January 2019 sale price of £325,000 represented a fair market value for the property.
• The size, condition, and specification of 1 GLEBELANDS CLOSE has not materially changed since January 2019.

How Large is 1 GLEBELANDS CLOSE?

1 GLEBELANDS CLOSE is 111m² according to the EPC inspection conducted in September 2018. This puts it in the smallest 40% of detached houses houses in Cheddar, based on EPC data. The below chart shows the distribution of detached houses houses by size in Cheddar, and where 1 GLEBELANDS CLOSE lies on this distribution: 34% of detached houses houses are smaller than 1 GLEBELANDS CLOSE, and 65% of houses are larger. Note that EPC data is not available for all properties in Cheddar.

1 GLEBELANDS CLOSE: Plot and Title Map

1 GLEBELANDS CLOSE sits on a plot of roughly 0.077 of an acre, or 311m². The below map shows the location of 1 GLEBELANDS CLOSE, 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 1 GLEBELANDS CLOSE). 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 1 GLEBELANDS CLOSE?

1 GLEBELANDS CLOSE is located in CHEDDAR, in the BS27 postcode district. The below map shows the position of No. 1 on GLEBELANDS CLOSE.