4, THE BINNINGS, DRAYCOTT, CHEDDAR, BS27 3UG - £670,000

4 THE BINNINGS is a very large extended detached house of 203m², built sometime between 1996 and 2002. It was last sold for £670,000 in January 2021, which was around 73% above the average January 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 THE BINNINGS Sold Prices

Land registry data shows two sales for 4 THE BINNINGS 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 4 THE BINNINGS 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
2021 21 JAN	£670,000	£387,801	73% above HPI
1999 16 JUL	£249,000	£112,454	121% above HPI

4 THE BINNINGS 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 THE BINNINGS sales from July 1999 and January 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 July 1999 sale was for 121% above the HPI. So the extrapolation line tracks at 121% above the HPI over time, until the January 2021 sale, where it falls to 73% above the HPI. The line then continues to track at 73% above the HPI.

How Large is 4 THE BINNINGS?

4 THE BINNINGS is 203m², which includes two extensions, according to the EPC inspection conducted in July 2020. This puts it in the largest 20% of detached houses in Draycott, based on EPC data. The below chart shows the distribution of detached houses by size in Draycott, and where 4 THE BINNINGS lies on this distribution: 89% of detached houses are smaller than 4 THE BINNINGS, and 11% of houses are larger. Note that EPC data is not available for all properties in Draycott.

4 THE BINNINGS: Plot and Title Map

4 THE BINNINGS sits on a plot of roughly 0.181 of an acre, or 733m². The below map shows the location of 4 THE BINNINGS, 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 THE BINNINGS). 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 THE BINNINGS?

4 THE BINNINGS is located in DRAYCOTT, in the BS27 postcode district. The below map shows the position of No. 4 on THE BINNINGS.