11, REEVES CLOSE, DRAYCOTT, CHEDDAR, BS27 3TB - £340,000

11 REEVES CLOSE is a small detached house of 99m², built sometime between 1983 and 1990. It was last sold for £340,000 in January 2021, which was around 12% below the average January 2021 detached price in the Somerset local authority area. The most recent EPC inspection was February 2020, where the current energy rating was F, and the potential energy rating was C.

11 REEVES CLOSE Sold Prices

Land registry data shows three sales for 11 REEVES CLOSE 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 11 REEVES CLOSE 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 5 JAN	£340,000	£387,801	12% below HPI
1999 30 JUN	£87,000	£109,558	21% below HPI
1995 27 NOV	£64,000	£84,097	24% below HPI

11 REEVES 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 three 11 REEVES CLOSE sales between November 1995 and January 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 June 1999 sale was for 21% below the HPI. So the extrapolation line tracks at 21% below the HPI over time, until the January 2021 sale, where it rises to 12% below the HPI. The line then continues to track at 12% below the HPI.

How Large is 11 REEVES CLOSE?

11 REEVES CLOSE is 99m² according to the EPC inspection conducted in February 2020. This puts it in the smallest 30% of detached houses in Draycott, based on EPC data. The below chart shows the distribution of detached houses by size in Draycott, and where 11 REEVES CLOSE lies on this distribution: 25% of detached houses are smaller than 11 REEVES CLOSE, and 75% of houses are larger. Note that EPC data is not available for all properties in Draycott.

11 REEVES CLOSE: Plot and Title Map

11 REEVES CLOSE sits on a plot of roughly 0.111 of an acre, or 449m². The below map shows the location of 11 REEVES 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 11 REEVES 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 11 REEVES CLOSE?

11 REEVES CLOSE is located in DRAYCOTT, in the BS27 postcode district. The below map shows the position of No. 11 on REEVES CLOSE.