HILL LEA COTTAGE, TWEENTOWN, CHEDDAR, BS27 3JE - £269,000

HILL LEA COTTAGE is a very small extended detached house of 88m², built sometime between 1950 and 1966. It was last sold for £269,000 in July 2017, which was around 21% below the average July 2017 detached price in the Somerset local authority area. The most recent EPC inspection was July 2016, where the current energy rating was E, and the potential energy rating was C.

HILL LEA COTTAGE Sold Prices

Land registry data shows four sales for HILL LEA COTTAGE 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 HILL LEA COTTAGE 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 JUL	£269,000	£338,873	21% below HPI
2002 17 JUN	£176,000	£176,985	1% below HPI
1998 11 DEC	£87,000	£105,198	17% below HPI
1998 30 JAN	£80,000	£98,800	19% below HPI

HILL LEA COTTAGE 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 HILL LEA COTTAGE sales between January 1998 and July 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 June 2002 sale was for 1% below the HPI. So the extrapolation line tracks at 1% below the HPI over time, until the July 2017 sale, where it falls to 21% below the HPI. The line then continues to track at 21% below the HPI.

How Large is HILL LEA COTTAGE?

HILL LEA COTTAGE is 88m², which includes one extension, according to the EPC inspection conducted in July 2016. This puts it in the smallest 20% of detached houses in Cheddar, based on EPC data. The below chart shows the distribution of detached houses by size in Cheddar, and where HILL LEA COTTAGE lies on this distribution: 15% of detached houses are smaller than HILL LEA COTTAGE, and 85% of houses are larger. Note that EPC data is not available for all properties in Cheddar.

HILL LEA COTTAGE: Plot and Title Map

HILL LEA COTTAGE sits on a plot of roughly 0.149 of an acre, or 604m². The below map shows the location of HILL LEA COTTAGE, 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 HILL LEA COTTAGE). 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 HILL LEA COTTAGE?

HILL LEA COTTAGE is located on TWEENTOWN in CHEDDAR, in the BS27 postcode district. The below map shows the position of HILL LEA COTTAGE on TWEENTOWN.