10, PROSPECT PLACE, MERE, WARMINSTER, BA12 6LS - £183,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

10 PROSPECT PLACE is a very small detached house of 72m², built sometime between 1996 and 2002. It was last sold for £183,000 in February 2004, which was around 31% below the average February 2004 detached price in the Wiltshire local authority area. The most recent EPC inspection was September 2010, where the current energy rating was C, and the potential energy rating was C.

10 PROSPECT PLACE Sold Prices

Land registry data shows three sales for 10 PROSPECT PLACE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Wiltshire local authority area for the corresponding sale date. All of the three 10 PROSPECT PLACE 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
2004 27 FEB	£183,000	£265,080	31% below HPI
1999 8 OCT	£100,000	£152,881	35% below HPI
1998 4 DEC	£82,000	£130,899	37% below HPI

10 PROSPECT PLACE 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 three 10 PROSPECT PLACE sales between December 1998 and February 2004 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 October 1999 sale was for 35% below the HPI. So the extrapolation line tracks at 35% below the HPI over time, until the February 2004 sale, where it rises to 31% below the HPI. The line then continues to track at 31% below the HPI.

How Large is 10 PROSPECT PLACE?

10 PROSPECT PLACE is 72m² according to the EPC inspection conducted in September 2010. 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 10 PROSPECT PLACE lies on this distribution: 8% of detached houses are smaller than 10 PROSPECT PLACE, and 92% of houses are larger. Note that EPC data is not available for all properties in Mere.

10 PROSPECT PLACE: Plot and Title Map

10 PROSPECT PLACE sits on a plot of roughly 0.079 of an acre, or 318m². The below map shows the location of 10 PROSPECT PLACE, 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 10 PROSPECT PLACE). 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 10 PROSPECT PLACE?

10 PROSPECT PLACE is located in MERE, in the BA12 postcode district. The below map shows the position of No. 10 on PROSPECT PLACE.