1, THE CEDARS, EVERCREECH, SHEPTON MALLET, BA4 6LG - £335,000

1 THE CEDARS is a very small detached house of 66m², built sometime between 1967 and 1975. It was last sold for £335,000 in February 2022, which was around 25% below the average February 2022 detached price in the Somerset local authority area. The most recent EPC inspection was June 2021, where the current energy rating was D, and the potential energy rating was B.

1 THE CEDARS Sold Prices

Land registry data shows two sales for 1 THE CEDARS 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 1 THE CEDARS sales were 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
2022 24 FEB	£335,000	£444,664	25% below HPI
1996 7 JUN	£62,000	£84,387	27% below HPI

1 THE CEDARS 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 THE CEDARS sales from June 1996 and February 2022 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 June 1996 sale was for 27% below the HPI. So the extrapolation line tracks at 27% below the HPI over time, until the February 2022 sale, where it rises to 25% below the HPI. The line then continues to track at 25% below the HPI.

How Large is 1 THE CEDARS?

1 THE CEDARS is 66m² according to the EPC inspection conducted in June 2021. This puts it in the smallest 20% of detached houses in Evercreech, based on EPC data. The below chart shows the distribution of detached houses by size in Evercreech, and where 1 THE CEDARS lies on this distribution: 14% of detached houses are smaller than 1 THE CEDARS, and 86% of houses are larger. Note that EPC data is not available for all properties in Evercreech.

1 THE CEDARS: Plot and Title Map

1 THE CEDARS sits on a plot of roughly 0.117 of an acre, or 473m². The below map shows the location of 1 THE CEDARS, 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 THE CEDARS). 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 THE CEDARS?

1 THE CEDARS is located in EVERCREECH, in the BA4 postcode district. The below map shows the position of No. 1 on THE CEDARS.