5, MEAD CLOSE, CHEDDAR, BS27 3XN - £275,000

5 MEAD CLOSE is a very small detached house of 71m², built sometime between 1996 and 2002. It was last sold for £275,000 in November 2017, which was around 21% below the average November 2017 detached price in the Somerset local authority area. The most recent EPC inspection was May 2022, where the current energy rating was C, and the potential energy rating was B.

5 MEAD CLOSE Sold Prices

Land registry data shows four sales for 5 MEAD CLOSE 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. All of the four 5 MEAD CLOSE 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
2017 21 NOV	£275,000	£349,583	21% below HPI
2011 16 SEP	£212,000	£274,645	23% below HPI
2009 30 JAN	£205,000	£254,336	19% below HPI
2000 28 JUL	£105,000	£136,441	23% below HPI

5 MEAD CLOSE 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 5 MEAD CLOSE sales between July 2000 and November 2017 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 September 2011 sale was for 23% below the HPI. So the extrapolation line tracks at 23% below the HPI over time, until the November 2017 sale, where it rises to 21% below the HPI. The line then continues to track at 21% below the HPI.

How Large is 5 MEAD CLOSE?

5 MEAD CLOSE is 71m² according to the EPC inspection conducted in May 2022. 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 5 MEAD CLOSE lies on this distribution: 3% of detached houses are smaller than 5 MEAD CLOSE, and 96% of houses are larger. Note that EPC data is not available for all properties in Cheddar.

5 MEAD CLOSE: Plot and Title Map

5 MEAD CLOSE sits on a plot of roughly 0.058 of an acre, or 233m². The below map shows the location of 5 MEAD CLOSE, 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 5 MEAD CLOSE). 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 5 MEAD CLOSE?

5 MEAD CLOSE is located in CHEDDAR, in the BS27 postcode district. The below map shows the position of No. 5 on MEAD CLOSE.