1, CADDY LANE, MERE, WARMINSTER, BA12 6LX - £165,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

1 CADDY LANE is a very small detached house of 71m², built sometime between 1991 and 1995. It was last sold for £165,000 in November 2012, which was around 48% below the average November 2012 detached price in the Wiltshire local authority area. The most recent EPC inspection was July 2011, where the current energy rating was D, and the potential energy rating was C.

1 CADDY LANE Sold Prices

Land registry data shows two sales for 1 CADDY LANE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Wiltshire local authority area for the corresponding sale date. Both of the two 1 CADDY LANE 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
2012 22 NOV	£165,000	£314,501	48% below HPI
1998 4 DEC	£72,950	£130,899	44% below HPI

1 CADDY LANE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Wiltshire local authority area over time, sourced from the HPI. The two 1 CADDY LANE sales from December 1998 and November 2012 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 December 1998 sale was for 44% below the HPI. So the extrapolation line tracks at 44% below the HPI over time, until the November 2012 sale, where it falls to 48% below the HPI. The line then continues to track at 48% below the HPI.

How Large is 1 CADDY LANE?

1 CADDY LANE is 71m² according to the EPC inspection conducted in July 2011. This puts it in the smallest 10% of detached houses in Mere, based on EPC data. The below chart shows the distribution of detached houses by size in Mere, and where 1 CADDY LANE lies on this distribution: 6% of detached houses are smaller than 1 CADDY LANE, and 94% of houses are larger. Note that EPC data is not available for all properties in Mere.

1 CADDY LANE: Plot and Title Map

1 CADDY LANE sits on a plot of roughly 0.049 of an acre, or 196m². The below map shows the location of 1 CADDY LANE, 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 1 CADDY LANE). 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 1 CADDY LANE?

1 CADDY LANE is located in MERE, in the BA12 postcode district. The below map shows the position of No. 1 on CADDY LANE.