1, OLD BELL CLOSE, MERRIOTT, TA16 5NU - £175,000

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 OLD BELL CLOSE is a small detached house of 96m², built sometime between 1976 and 1982. It was last sold for £175,000 in January 2012, which was around 35% below the average January 2012 detached price in the Somerset local authority area. The most recent EPC inspection was July 2021, where the current energy rating was D, and the potential energy rating was B.

1 OLD BELL CLOSE Sold Prices

Land registry data shows two sales for 1 OLD BELL CLOSE 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 1 OLD BELL CLOSE 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 9 JAN	£175,000	£269,080	35% below HPI
1997 28 JAN	£73,000	£87,741	17% below HPI

1 OLD BELL CLOSE 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 1 OLD BELL CLOSE sales from January 1997 and January 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 January 1997 sale was for 17% below the HPI. So the extrapolation line tracks at 17% below the HPI over time, until the January 2012 sale, where it falls to 35% below the HPI. The line then continues to track at 35% below the HPI.

How Large is 1 OLD BELL CLOSE?

1 OLD BELL CLOSE is 96m² according to the EPC inspection conducted in July 2021. This puts it in the smallest 30% of detached houses in Merriott, based on EPC data. The below chart shows the distribution of detached houses by size in Merriott, and where 1 OLD BELL CLOSE lies on this distribution: 27% of detached houses are smaller than 1 OLD BELL CLOSE, and 73% of houses are larger. Note that EPC data is not available for all properties in Merriott.

1 OLD BELL CLOSE: Plot and Title Map

1 OLD BELL CLOSE sits on a plot of roughly 0.134 of an acre, or 542m². The below map shows the location of 1 OLD BELL CLOSE, 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 OLD BELL CLOSE). 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 OLD BELL CLOSE?

1 OLD BELL CLOSE is located in MERRIOTT, in the TA16 postcode district. The below map shows the position of No. 1 on OLD BELL CLOSE.