2, TOWER ROAD, CHEDDAR, BS27 3EP - £450,000

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 ROAD is a small detached house of 114m², built in 2022, which could now be worth an estimated £447,778. It was last sold for £450,000 in September 2023, which was around 2% below the average September 2023 detached price in the Somerset local authority area. The most recent EPC inspection was September 2023, where the current energy rating was B, and the potential energy rating was A.

2 TOWER ROAD Sold Prices

Land registry data shows one sale for 2 TOWER ROAD since 1^st January 1995. The below table shows the price paid for the one sale, along with the average detached price in the Somerset local authority area for the corresponding sale date. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
2023 28 SEP	£450,000	£460,601	2% below HPI

What might 2 TOWER ROAD be worth now?

2 TOWER ROAD might now be worth an estimated £447,778.

This is based on house price deflation of 0.5%, between September 2023 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 0.5% deflationary decrease is applied to the most recent sale price for 2 TOWER ROAD of £450,000 on 28th September 2023. For the value to have decreased from £450,000 to £447,778 over the three years and four months to May 2026, the following assumptions must hold true:

• The value of 2 TOWER ROAD has moved in line with the HPI for detached houses in the Somerset local authority area.
• The September 2023 sale price of £450,000 represented a fair market value for the property.
• The size, condition, and specification of 2 TOWER ROAD has not materially changed since September 2023.

How Large is 2 TOWER ROAD?

2 TOWER ROAD is 114m² according to the EPC inspection conducted in September 2023. This puts it in the smallest 40% of detached houses in Cheddar, based on EPC data. The below chart shows the distribution of detached houses by size in Cheddar, and where 2 TOWER ROAD lies on this distribution: 37% of detached houses are smaller than 2 TOWER ROAD, and 61% of detached houses are larger. Note that EPC data is not available for all properties in Cheddar.

2 TOWER ROAD: Plot

2 TOWER ROAD sits on a plot of roughly 19.9 acres, or 80,666m².

Where is 2 TOWER ROAD?

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