MELROSE, CLIFF STREET, CHEDDAR, BS27 3PN - £362,000

MELROSE is a large extended detached house of 153m², built sometime between 1930 and 1949. It was last sold for £362,000 in August 2011, which was around 32% above the average August 2011 detached price in the Somerset local authority area. The most recent EPC inspection was May 2010, where the current energy rating was E, and the potential energy rating was D.

MELROSE Sold Prices

Land registry data shows two sales for MELROSE 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. One of the two MELROSE sales was for above the average price, whilst the other was 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
2011 4 AUG	£362,000	£274,510	32% above HPI
1997 27 JUN	£89,000	£92,282	4% below HPI

MELROSE 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 MELROSE sales from June 1997 and August 2011 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 1997 sale was for 4% below the HPI. So the extrapolation line tracks at 4% below the HPI over time, until the August 2011 sale, where it rises to 32% above the HPI. The line then continues to track at 32% above the HPI.

How Large is MELROSE?

MELROSE is 153m², which includes one extension, according to the EPC inspection conducted in May 2010. This puts it in the largest 30% of detached houses in Cheddar, based on EPC data. The below chart shows the distribution of detached houses by size in Cheddar, and where MELROSE lies on this distribution: 77% of detached houses are smaller than MELROSE, and 23% of houses are larger. Note that EPC data is not available for all properties in Cheddar.

MELROSE: Plot and Title Map

MELROSE sits on a plot of roughly 0.107 of an acre, or 433m². The below map shows the location of MELROSE, 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 MELROSE). 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 MELROSE?

MELROSE is located on CLIFF STREET in CHEDDAR, in the BS27 postcode district. The below map shows the position of MELROSE on CLIFF STREET.