1, THE LIPPIATT, CHEDDAR, BS27 3QP - £250,000

1 THE LIPPIATT is a very small detached house of 60m², built sometime before 1900. It was last sold for £250,000 in August 2021, which was around 36% below the average August 2021 detached price in the Somerset local authority area. The most recent EPC inspection was September 2015, where the current energy rating was F, and the potential energy rating was A.

1 THE LIPPIATT Sold Prices

Land registry data shows three sales for 1 THE LIPPIATT since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Somerset local authority area for the corresponding sale date. All of the three 1 THE LIPPIATT 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
2021 25 AUG	£250,000	£389,899	36% below HPI
2016 8 JAN	£180,000	£313,120	43% below HPI
2007 2 MAY	£223,000	£288,017	23% below HPI

1 THE LIPPIATT 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 three 1 THE LIPPIATT sales between May 2007 and August 2021 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 January 2016 sale was for 43% below the HPI. So the extrapolation line tracks at 43% below the HPI over time, until the August 2021 sale, where it rises to 36% below the HPI. The line then continues to track at 36% below the HPI.

How Large is 1 THE LIPPIATT?

1 THE LIPPIATT is 60m² according to the EPC inspection conducted in September 2015. This puts it in the smallest 10% of detached houses in Cheddar, based on EPC data. The below chart shows the distribution of detached houses by size in Cheddar, and where 1 THE LIPPIATT lies on this distribution: 1% of detached houses are smaller than 1 THE LIPPIATT, and 99% of houses are larger. Note that EPC data is not available for all properties in Cheddar.

1 THE LIPPIATT: Plot and Title Map

1 THE LIPPIATT sits on a plot of roughly 0.215 of an acre, or 869m². The below map shows the location of 1 THE LIPPIATT, 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 LIPPIATT). 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 LIPPIATT?

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