THE MAPLES, NYE CLOSE, CHEDDAR, BS27 3PB - £287,500

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.

THE MAPLES is a very small detached house of 94m², built sometime between 2003 and 2006, which could now be worth an estimated £436,226. It was last sold for £287,500 in February 2015, which was around 5% below the average February 2015 detached price in the Somerset local authority area. The most recent EPC inspection was March 2013, where the current energy rating was C, and the potential energy rating was B.

THE MAPLES Sold Prices

Land registry data shows two sales for THE MAPLES 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 MAPLES 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
2015 6 FEB	£287,500	£303,451	5% below HPI
2006 23 MAR	£251,999	£261,764	4% below HPI

THE MAPLES 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 MAPLES sales from March 2006 and February 2015 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 March 2006 sale was for 4% below the HPI. So the extrapolation line tracks at 4% below the HPI over time, until the February 2015 sale, where it falls to 5% below the HPI. The line then continues to track at 5% below the HPI.

What might THE MAPLES be worth now?

THE MAPLES might now be worth an estimated £436,226.

This is based on house price inflation of 51.7%, between February 2015 and February 2025, 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 51.7% inflationary increase is applied to the most recent sale price for THE MAPLES of £287,500 on 6th February 2015. For the value to have increased from £287,500 to £436,226 over the ten years to February 2025, the following assumptions must hold true:

• The value of THE MAPLES has moved in line with the HPI for detached houses in the Somerset local authority area.
• The February 2015 sale price of £287,500 represented a fair market value for the property.
• The size, condition, and specification of THE MAPLES has not materially changed since February 2015.

How Large is THE MAPLES?

THE MAPLES is 94m² according to the EPC inspection conducted in March 2013. This puts it in the smallest 20% of detached houses houses in Cheddar, based on EPC data. The below chart shows the distribution of detached houses houses by size in Cheddar, and where THE MAPLES lies on this distribution: 20% of detached houses houses are smaller than THE MAPLES, and 80% of houses are larger. Note that EPC data is not available for all properties in Cheddar.

THE MAPLES: Plot and Title Map

THE MAPLES sits on a plot of roughly 0.101 of an acre, or 409m². The below map shows the location of THE MAPLES, 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 MAPLES). 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 MAPLES?

THE MAPLES is located on NYE CLOSE in CHEDDAR, in the BS27 postcode district. The below map shows the position of THE MAPLES on NYE CLOSE.