THE HOLLIES, SCHOOL LANE, DRAYCOTT, CHEDDAR, BS27 3SD - £385,000

THE HOLLIES is a very large extended detached house of 190m², built sometime before 1900. It was last sold for £385,000 in September 2006, which was around 40% above the average September 2006 detached price in the Somerset local authority area. The most recent EPC inspection was July 2010, where the current energy rating was D, and the potential energy rating was D.

THE HOLLIES Sold Prices

Land registry data shows two sales for THE HOLLIES 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. Both of the two THE HOLLIES sales 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
2006 1 SEP	£385,000	£275,821	40% above HPI
1998 8 JUN	£109,000	£101,549	7% above HPI

THE HOLLIES 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 THE HOLLIES sales from June 1998 and September 2006 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 1998 sale was for 7% above the HPI. So the extrapolation line tracks at 7% above the HPI over time, until the September 2006 sale, where it rises to 40% above the HPI. The line then continues to track at 40% above the HPI.

How Large is THE HOLLIES?

THE HOLLIES is 190m², which includes two extensions, according to the EPC inspection conducted in July 2010. This puts it in the largest 20% of detached houses in Draycott, based on EPC data. The below chart shows the distribution of detached houses by size in Draycott, and where THE HOLLIES lies on this distribution: 88% of detached houses are smaller than THE HOLLIES, and 12% of houses are larger. Note that EPC data is not available for all properties in Draycott.

THE HOLLIES: Plot and Title Map

THE HOLLIES sits on a plot of roughly 0.161 of an acre, or 652m². The below map shows the location of THE HOLLIES, 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 THE HOLLIES). 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 THE HOLLIES?

THE HOLLIES is located on SCHOOL LANE in DRAYCOTT, in the BS27 postcode district. The below map shows the position of THE HOLLIES on SCHOOL LANE.