3, SPRINGHAVEN, THE BATCH, DRAYCOTT, CHEDDAR, BS27 3SP - £253,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

3 SPRINGHAVEN is a very small extended terraced house of 75m², built sometime before 1900, which could now be worth an estimated £321,939. It was last sold for £253,000 in June 2018, which was around 40% above the average June 2018 terraced price in the Somerset local authority area. The most recent EPC inspection was December 2022, where the current energy rating was D, and the potential energy rating was B.

3 SPRINGHAVEN Sold Prices

Land registry data shows two sales for 3 SPRINGHAVEN since 1^st January 1995. The below table shows the price paid for the two sales, along with the average terraced price in the Somerset local authority area for the corresponding sale date. Both of the two 3 SPRINGHAVEN sales were for above 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
2018 8 JUN	£253,000	£180,886	40% above HPI
2005 16 DEC	£195,000	£135,749	44% above HPI

3 SPRINGHAVEN Price Paid vs. HPI Average

The below graph shows the average terraced house price in the Somerset local authority area over time, sourced from the HPI. The two 3 SPRINGHAVEN sales from December 2005 and June 2018 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 December 2005 sale was for 44% above the HPI. So the extrapolation line tracks at 44% above the HPI over time, until the June 2018 sale, where it falls to 40% above the HPI. The line then continues to track at 40% above the HPI.

What might 3 SPRINGHAVEN be worth now?

3 SPRINGHAVEN might now be worth an estimated £321,939.

This is based on house price inflation of 27.2%, between June 2018 and April 2026, for terraced houses, in the Somerset local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 27.2% inflationary increase is applied to the most recent sale price for 3 SPRINGHAVEN of £253,000 on 8th June 2018. For the value to have increased from £253,000 to £321,939 over the eight years and two months to April 2026, the following assumptions must hold true:

• The value of 3 SPRINGHAVEN has moved in line with the HPI for terraced houses in the Somerset local authority area.
• The June 2018 sale price of £253,000 represented a fair market value for the property.
• The size, condition, and specification of 3 SPRINGHAVEN has not materially changed since June 2018.

How Large is 3 SPRINGHAVEN?

3 SPRINGHAVEN is 75m², which includes two extensions, according to the EPC inspection conducted in December 2022. This puts it in the smallest 10% of terraced houses houses in Draycott, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Draycott, and where 3 SPRINGHAVEN lies on this distribution: 9% of terraced houses houses are smaller than 3 SPRINGHAVEN, and 91% of houses are larger. Note that EPC data is not available for all properties in Draycott.

3 SPRINGHAVEN: Plot and Title Map

3 SPRINGHAVEN sits on a plot of roughly 0.077 of an acre, or 311m². The below map shows the location of 3 SPRINGHAVEN, 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 SPRINGHAVEN). 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 SPRINGHAVEN?

3 SPRINGHAVEN is located on THE BATCH in DRAYCOTT, in the BS27 postcode district. The below map shows the position of 3 SPRINGHAVEN on THE BATCH.