8, TOWER CLOSE, CHEDDAR, BS27 3XQ - £340,000

8 TOWER CLOSE is a midsized detached house of 117m², built sometime between 1996 and 2002. It was last sold for £340,000 in August 2016, which was around 5% above the average August 2016 detached price in the Somerset local authority area. The most recent EPC inspection was November 2009, where the current energy rating was C, and the potential energy rating was C.

8 TOWER CLOSE Sold Prices

Land registry data shows three sales for 8 TOWER CLOSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Somerset local authority area for the corresponding sale date. All of the three 8 TOWER CLOSE 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
2016 25 AUG	£340,000	£323,980	5% above HPI
2007 23 NOV	£336,000	£298,845	12% above HPI
2002 28 FEB	£181,985	£162,170	12% above HPI

8 TOWER 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 three 8 TOWER CLOSE sales between February 2002 and August 2016 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 2007 sale was for 12% above the HPI. So the extrapolation line tracks at 12% above the HPI over time, until the August 2016 sale, where it falls to 5% above the HPI. The line then continues to track at 5% above the HPI.

How Large is 8 TOWER CLOSE?

8 TOWER CLOSE is 117m² according to the EPC inspection conducted in November 2009. This puts it in the smallest 50% of detached houses in Cheddar, based on EPC data. The below chart shows the distribution of detached houses by size in Cheddar, and where 8 TOWER CLOSE lies on this distribution: 43% of detached houses are smaller than 8 TOWER CLOSE, and 57% of houses are larger. Note that EPC data is not available for all properties in Cheddar.

8 TOWER CLOSE: Plot and Title Map

8 TOWER CLOSE sits on a plot of roughly 0.096 of an acre, or 390m². The below map shows the location of 8 TOWER 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 TOWER 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 TOWER CLOSE?

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