2, TOWER CLOSE, CHEDDAR, BS27 3XQ - £230,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

2 TOWER CLOSE is a detached house, which could now be worth an estimated £396,317. It was last sold for £230,000 in December 2008, which was around 14% below the average December 2008 detached price in the Somerset local authority area.

2 TOWER CLOSE Sold Prices

Land registry data shows four sales for 2 TOWER 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 2 TOWER 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
2008 22 DEC	£230,000	£265,987	14% below HPI
2004 17 JUN	£230,000	£250,092	8% below HPI
2002 8 NOV	£183,000	£208,703	12% below HPI
2002 31 JAN	£145,000	£166,361	13% below HPI

What might 2 TOWER CLOSE be worth now?

2 TOWER CLOSE might now be worth an estimated £396,317.

This is based on house price inflation of 72.3%, between December 2008 and May 2026, for detached houses, in the Somerset local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 72.3% inflationary increase is applied to the most recent sale price for 2 TOWER CLOSE of £230,000 on 22nd December 2008. For the value to have increased from £230,000 to £396,317 over the eighteen years and seven months to May 2026, the following assumptions must hold true:

• The value of 2 TOWER CLOSE has moved in line with the HPI for detached houses in the Somerset local authority area.
• The December 2008 sale price of £230,000 represented a fair market value for the property.
• The size, condition, and specification of 2 TOWER CLOSE has not materially changed since December 2008.

Where is 2 TOWER CLOSE?

2 TOWER CLOSE is located in CHEDDAR, in the BS27 postcode district.