1, CHANCE COTTAGE, SHAFTESBURY ROAD, MERE, WARMINSTER, BA12 6BW - £440,000

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.

1 CHANCE COTTAGE is a very large extended semi-detached house of 195m², built sometime before 1900, which could now be worth an estimated £707,420. It was last sold for £440,000 in January 2014, which was around 115% above the average January 2014 semi-detached price in the Wiltshire local authority area. The most recent EPC inspection was March 2013, where the current energy rating was C, and the potential energy rating was C.

1 CHANCE COTTAGE Sold Prices

Land registry data shows two sales for 1 CHANCE COTTAGE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average semi-detached price in the Wiltshire local authority area for the corresponding sale date. Both of the two 1 CHANCE COTTAGE 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
2014 30 JAN	£440,000	£204,545	115% above HPI
1996 3 JAN	£75,000	£59,613	26% above HPI

1 CHANCE COTTAGE Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Wiltshire local authority area over time, sourced from the HPI. The two 1 CHANCE COTTAGE sales from January 1996 and January 2014 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 January 1996 sale was for 26% above the HPI. So the extrapolation line tracks at 26% above the HPI over time, until the January 2014 sale, where it rises to 115% above the HPI. The line then continues to track at 115% above the HPI.

What might 1 CHANCE COTTAGE be worth now?

1 CHANCE COTTAGE might now be worth an estimated £707,420.

This is based on house price inflation of 60.8%, between January 2014 and February 2025, for semi-detached houses, in the Wiltshire local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 60.8% inflationary increase is applied to the most recent sale price for 1 CHANCE COTTAGE of £440,000 on 30th January 2014. For the value to have increased from £440,000 to £707,420 over the ten years and eleven months to February 2025, the following assumptions must hold true:

• The value of 1 CHANCE COTTAGE has moved in line with the HPI for semi-detached houses in the Wiltshire local authority area.
• The January 2014 sale price of £440,000 represented a fair market value for the property.
• The size, condition, and specification of 1 CHANCE COTTAGE has not materially changed since January 2014.

How Large is 1 CHANCE COTTAGE?

1 CHANCE COTTAGE is 195m², which includes one extension, according to the EPC inspection conducted in March 2013. This puts it in the largest 10% of semi-detached houses houses in Mere, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Mere, and where 1 CHANCE COTTAGE lies on this distribution: 92% of semi-detached houses houses are smaller than 1 CHANCE COTTAGE, and 8% of houses are larger. Note that EPC data is not available for all properties in Mere.

1 CHANCE COTTAGE: Plot and Title Map

1 CHANCE COTTAGE sits on a plot of roughly 0.159 of an acre, or 642m². The below map shows the location of 1 CHANCE COTTAGE, 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 CHANCE COTTAGE). 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 CHANCE COTTAGE?

1 CHANCE COTTAGE is located on SHAFTESBURY ROAD in MERE, in the BA12 postcode district. The below map shows the position of 1 CHANCE COTTAGE on SHAFTESBURY ROAD.