24, SPRINGFIELD CLOSE, CHEDDAR, BS27 3AR - £250,000

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.

24 SPRINGFIELD CLOSE is a detached house, which could now be worth an estimated £428,465. It was last sold for £250,000 in July 2005, which was around 5% below the average July 2005 detached price in the Somerset local authority area.

24 SPRINGFIELD CLOSE Sold Prices

Land registry data shows three sales for 24 SPRINGFIELD 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. One of the three 24 SPRINGFIELD CLOSE sales was for below the average price, whilst two 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
2005 22 JUL	£250,000	£263,614	5% below HPI
2002 20 MAY	£190,000	£177,406	7% above HPI
1996 20 DEC	£104,500	£89,931	16% above HPI

What might 24 SPRINGFIELD CLOSE be worth now?

24 SPRINGFIELD CLOSE might now be worth an estimated £428,465.

This is based on house price inflation of 71.4%, between July 2005 and April 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 71.4% inflationary increase is applied to the most recent sale price for 24 SPRINGFIELD CLOSE of £250,000 on 22nd July 2005. For the value to have increased from £250,000 to £428,465 over the 21 years and three months to April 2026, the following assumptions must hold true:

• The value of 24 SPRINGFIELD CLOSE has moved in line with the HPI for detached houses in the Somerset local authority area.
• The July 2005 sale price of £250,000 represented a fair market value for the property.
• The size, condition, and specification of 24 SPRINGFIELD CLOSE has not materially changed since July 2005.

Where is 24 SPRINGFIELD CLOSE?

24 SPRINGFIELD CLOSE is located in CHEDDAR, in the BS27 postcode district.