38, GREENHAYES, CHEDDAR, BS27 3HZ - £262,500

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.

38 GREENHAYES is a very small detached house of 71m², built sometime between 1983 and 1990, which could now be worth an estimated £421,380. It was last sold for £262,500 in December 2006, which was around 8% below the average December 2006 detached price in the Somerset local authority area. The most recent EPC inspection was August 2022, where the current energy rating was C, and the potential energy rating was B.

38 GREENHAYES Sold Prices

Land registry data shows two sales for 38 GREENHAYES 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 38 GREENHAYES 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
2006 5 DEC	£262,500	£286,826	8% below HPI
2004 26 NOV	£220,000	£267,826	18% below HPI

38 GREENHAYES 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 38 GREENHAYES sales from November 2004 and December 2006 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 November 2004 sale was for 18% below the HPI. So the extrapolation line tracks at 18% below the HPI over time, until the December 2006 sale, where it rises to 8% below the HPI. The line then continues to track at 8% below the HPI.

What might 38 GREENHAYES be worth now?

38 GREENHAYES might now be worth an estimated £421,380.

This is based on house price inflation of 60.5%, between December 2006 and February 2025, for detached 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 60.5% inflationary increase is applied to the most recent sale price for 38 GREENHAYES of £262,500 on 5th December 2006. For the value to have increased from £262,500 to £421,380 over the nineteen years and ten months to February 2025, the following assumptions must hold true:

• The value of 38 GREENHAYES has moved in line with the HPI for detached houses in the Somerset local authority area.
• The December 2006 sale price of £262,500 represented a fair market value for the property.
• The size, condition, and specification of 38 GREENHAYES has not materially changed since December 2006.

How Large is 38 GREENHAYES?

38 GREENHAYES is 71m² according to the EPC inspection conducted in August 2022. This puts it in the smallest 10% of detached houses houses in Cheddar, based on EPC data. The below chart shows the distribution of detached houses houses by size in Cheddar, and where 38 GREENHAYES lies on this distribution: 3% of detached houses houses are smaller than 38 GREENHAYES, and 97% of houses are larger. Note that EPC data is not available for all properties in Cheddar.

38 GREENHAYES: Plot and Title Map

38 GREENHAYES sits on a plot of roughly 0.118 of an acre, or 477m². The below map shows the location of 38 GREENHAYES, 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 38 GREENHAYES). 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 38 GREENHAYES?

38 GREENHAYES is located in CHEDDAR, in the BS27 postcode district. The below map shows the position of No. 38 on GREENHAYES.