4, OAKLANDS, CHEDDAR, BS27 3BS - £369,750

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.

4 OAKLANDS is a large detached house of 140m², built sometime between 2003 and 2006, which could now be worth an estimated £423,869. It was last sold for £369,750 in February 2021, which was around 8% below the average February 2021 detached price in the Somerset local authority area. The most recent EPC inspection was July 2020, where the current energy rating was C, and the potential energy rating was B.

4 OAKLANDS Sold Prices

Land registry data shows two sales for 4 OAKLANDS 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. One of the two 4 OAKLANDS sales was for below the average price, whilst the other was 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
2021 4 FEB	£369,750	£399,808	8% below HPI
1998 11 DEC	£110,000	£108,511	1% above HPI

4 OAKLANDS 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 4 OAKLANDS sales from December 1998 and February 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 December 1998 sale was for 1% above the HPI. So the extrapolation line tracks at 1% above the HPI over time, until the February 2021 sale, where it falls to 8% below the HPI. The line then continues to track at 8% below the HPI.

What might 4 OAKLANDS be worth now?

4 OAKLANDS might now be worth an estimated £423,869.

This is based on house price inflation of 14.6%, between February 2021 and May 2026, 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 14.6% inflationary increase is applied to the most recent sale price for 4 OAKLANDS of £369,750 on 4th February 2021. For the value to have increased from £369,750 to £423,869 over the four years and nine months to May 2026, the following assumptions must hold true:

• The value of 4 OAKLANDS has moved in line with the HPI for detached houses in the Somerset local authority area.
• The February 2021 sale price of £369,750 represented a fair market value for the property.
• The size, condition, and specification of 4 OAKLANDS has not materially changed since February 2021.

How Large is 4 OAKLANDS?

4 OAKLANDS is 140m² according to the EPC inspection conducted in July 2020. This puts it in the largest 40% 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 4 OAKLANDS lies on this distribution: 67% of detached houses houses are smaller than 4 OAKLANDS, and 32% of houses are larger. Note that EPC data is not available for all properties in Cheddar.

4 OAKLANDS: Plot and Title Map

4 OAKLANDS sits on a plot of roughly 0.081 of an acre, or 326m². The below map shows the location of 4 OAKLANDS, 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 4 OAKLANDS). 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 4 OAKLANDS?

4 OAKLANDS is located in CHEDDAR, in the BS27 postcode district. The below map shows the position of No. 4 on OAKLANDS.