WESTWOOD, MILLBOURNE ROAD, CHEDDAR, BS27 3NP - £224,000

WESTWOOD is a very small detached house of 74m², built sometime between 1950 and 1966. It was last sold for £224,000 in December 2017, which was around 36% below the average December 2017 detached price in the Somerset local authority area. The most recent EPC inspection was August 2017, where the current energy rating was D, and the potential energy rating was B.

WESTWOOD Sold Prices

Land registry data shows two sales for WESTWOOD 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 WESTWOOD 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
2017 14 DEC	£224,000	£349,351	36% below HPI
2002 1 JUN	£145,000	£176,985	18% below HPI

WESTWOOD 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 WESTWOOD sales from June 2002 and December 2017 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 2002 sale was for 18% below the HPI. So the extrapolation line tracks at 18% below the HPI over time, until the December 2017 sale, where it falls to 36% below the HPI. The line then continues to track at 36% below the HPI.

How Large is WESTWOOD?

WESTWOOD is 74m² according to the EPC inspection conducted in August 2017. This puts it in the smallest 10% of detached houses in Cheddar, based on EPC data. The below chart shows the distribution of detached houses by size in Cheddar, and where WESTWOOD lies on this distribution: 5% of detached houses are smaller than WESTWOOD, and 95% of houses are larger. Note that EPC data is not available for all properties in Cheddar.

WESTWOOD: Plot and Title Map

WESTWOOD sits on a plot of roughly 0.145 of an acre, or 586m². The below map shows the location of WESTWOOD, 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 WESTWOOD). 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 WESTWOOD?

WESTWOOD is located on MILLBOURNE ROAD in CHEDDAR, in the BS27 postcode district. The below map shows the position of WESTWOOD on MILLBOURNE ROAD.