12, LOVAGE WAY, MERE, WARMINSTER, BA12 6RU - £290,000

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

12 LOVAGE WAY is a very large detached house of 215m², built sometime between 1996 and 2002. It was last sold for £290,000 in August 2006, which was around 6% below the average August 2006 detached price in the Wiltshire local authority area. The most recent EPC inspection was February 2024, where the current energy rating was C, and the potential energy rating was C.

12 LOVAGE WAY Sold Prices

Land registry data shows two sales for 12 LOVAGE WAY 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. One of the two 12 LOVAGE WAY sales was for below the average price, whilst the other was 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
2006 24 AUG	£290,000	£308,417	6% below HPI
2001 17 DEC	£230,000	£202,070	14% above HPI

12 LOVAGE WAY 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 12 LOVAGE WAY sales from December 2001 and August 2006 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 2001 sale was for 14% above the HPI. So the extrapolation line tracks at 14% above the HPI over time, until the August 2006 sale, where it falls to 6% below the HPI. The line then continues to track at 6% below the HPI.

How Large is 12 LOVAGE WAY?

12 LOVAGE WAY is 215m² according to the EPC inspection conducted in February 2024. This puts it in the largest 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 12 LOVAGE WAY lies on this distribution: 95% of detached houses are smaller than 12 LOVAGE WAY, and 5% of houses are larger. Note that EPC data is not available for all properties in Mere.

12 LOVAGE WAY: Plot and Title Map

12 LOVAGE WAY sits on a plot of roughly 0.135 of an acre, or 546m². The below map shows the location of 12 LOVAGE WAY, 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 12 LOVAGE WAY). 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 12 LOVAGE WAY?

12 LOVAGE WAY is located in MERE, in the BA12 postcode district. The below map shows the position of No. 12 on LOVAGE WAY.