8, REEVES CLOSE, DRAYCOTT, CHEDDAR, BS27 3TB - £250,000

8 REEVES CLOSE is a very small detached house of 90m², built sometime between 1983 and 1990. It was last sold for £250,000 in March 2010, which was around 8% below the average March 2010 detached price in the Somerset local authority area. The most recent EPC inspection was May 2009, where the current energy rating was E, and the potential energy rating was D.

8 REEVES CLOSE Sold Prices

Land registry data shows two sales for 8 REEVES CLOSE 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 8 REEVES 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
2010 19 MAR	£250,000	£270,433	8% below HPI
1999 8 OCT	£95,000	£120,169	21% below HPI

8 REEVES 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 two 8 REEVES CLOSE sales from October 1999 and March 2010 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 October 1999 sale was for 21% below the HPI. So the extrapolation line tracks at 21% below the HPI over time, until the March 2010 sale, where it rises to 8% below the HPI. The line then continues to track at 8% below the HPI.

How Large is 8 REEVES CLOSE?

8 REEVES CLOSE is 90m² according to the EPC inspection conducted in May 2009. This puts it in the smallest 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 8 REEVES CLOSE lies on this distribution: 19% of detached houses are smaller than 8 REEVES CLOSE, and 81% of houses are larger. Note that EPC data is not available for all properties in Draycott.

8 REEVES CLOSE: Plot and Title Map

8 REEVES CLOSE sits on a plot of roughly 0.135 of an acre, or 547m². The below map shows the location of 8 REEVES 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 8 REEVES 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 8 REEVES CLOSE?

8 REEVES CLOSE is located in DRAYCOTT, in the BS27 postcode district. The below map shows the position of No. 8 on REEVES CLOSE.