3, SOUTHFIELD, CHEDDAR, BS27 3HT - £323,000

3 SOUTHFIELD is a very small detached house of 74m², built sometime between 1983 and 1990. It was last sold for £323,000 in December 2021, which was around 21% below the average December 2021 detached price in the Somerset local authority area. The most recent EPC inspection was April 2021, where the current energy rating was D, and the potential energy rating was B.

3 SOUTHFIELD Sold Prices

Land registry data shows four sales for 3 SOUTHFIELD since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Somerset local authority area for the corresponding sale date. Most of the four 3 SOUTHFIELD 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 20 DEC	£323,000	£409,524	21% below HPI
2010 1 FEB	£285,000	£269,340	6% above HPI
2003 15 AUG	£185,000	£222,256	17% below HPI
1999 16 JUL	£79,000	£112,454	30% below HPI

3 SOUTHFIELD 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 four 3 SOUTHFIELD sales between July 1999 and December 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 February 2010 sale was for 6% above the HPI. So the extrapolation line tracks at 6% above the HPI over time, until the December 2021 sale, where it falls to 21% below the HPI. The line then continues to track at 21% below the HPI.

How Large is 3 SOUTHFIELD?

3 SOUTHFIELD is 74m² according to the EPC inspection conducted in April 2021. 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 3 SOUTHFIELD lies on this distribution: 5% of detached houses are smaller than 3 SOUTHFIELD, and 95% of houses are larger. Note that EPC data is not available for all properties in Cheddar.

3 SOUTHFIELD: Plot and Title Map

3 SOUTHFIELD sits on a plot of roughly 0.084 of an acre, or 338m². The below map shows the location of 3 SOUTHFIELD, 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 3 SOUTHFIELD). 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 3 SOUTHFIELD?

3 SOUTHFIELD is located in CHEDDAR, in the BS27 postcode district. The below map shows the position of No. 3 on SOUTHFIELD.