2, THE LIPPIATT, CHEDDAR, BS27 3QP - £172,400

2 THE LIPPIATT is a very small extended detached house of 53m², built sometime before 1900. It was last sold for £172,400 in February 2011, which was around 36% below the average February 2011 detached price in the Somerset local authority area. The most recent EPC inspection was September 2009, where the current energy rating was E, and the potential energy rating was D.

2 THE LIPPIATT Sold Prices

Land registry data shows two sales for 2 THE LIPPIATT 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 2 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
2011 11 FEB	£172,400	£271,431	36% below HPI
2006 31 JAN	£182,500	£253,137	28% below HPI

2 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 two 2 THE LIPPIATT sales from January 2006 and February 2011 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 2006 sale was for 28% below the HPI. So the extrapolation line tracks at 28% below the HPI over time, until the February 2011 sale, where it falls to 36% below the HPI. The line then continues to track at 36% below the HPI.

How Large is 2 THE LIPPIATT?

2 THE LIPPIATT is 53m², which includes one extension, according to the EPC inspection conducted in September 2009. 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 2 THE LIPPIATT lies on this distribution: Less than 1% of detached houses are smaller than 2 THE LIPPIATT, and more than 99% of houses are larger. Note that EPC data is not available for all properties in Cheddar.

2 THE LIPPIATT: Plot and Title Map

2 THE LIPPIATT sits on a plot of roughly 0.074 of an acre, or 299m². The below map shows the location of 2 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 2 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 2 THE LIPPIATT?

2 THE LIPPIATT is located in CHEDDAR, in the BS27 postcode district. The below map shows the position of No. 2 on THE LIPPIATT.