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
12 THE LEVELS is a small extended detached house of 135m², built sometime from 2007 onwards. It was last sold for £382,500 in December 2017, which was around 9% above the average December 2017 detached price in the Somerset local authority area. The most recent EPC inspection was September 2017, where the current energy rating was C, and the potential energy rating was B.
Land registry data shows two sales for 12 THE LEVELS since 1st 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 12 THE LEVELS 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 |
---|---|---|---|
2017 19 DEC | £382,500 | £349,351 | 9% above HPI |
2014 29 JAN | £302,500 | £278,535 | 9% above HPI |
The below graph shows the average detached house price in the Somerset local authority area over time, sourced from the HPI. The two 12 THE LEVELS sales from January 2014 and December 2017 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 2014 sale was for 9% above the HPI. So the extrapolation line tracks at 9% above the HPI over time, until the December 2017 sale, which was also at 9% above the HPI.
12 THE LEVELS is 135m², which includes one extension, according to the EPC inspection conducted in September 2017. This puts it in the smallest 40% of detached houses in Meare, based on EPC data. The below chart shows the distribution of detached houses by size in Meare, and where 12 THE LEVELS lies on this distribution: 34% of detached houses are smaller than 12 THE LEVELS, and 66% of houses are larger. Note that EPC data is not available for all properties in Meare.
12 THE LEVELS sits on a plot of roughly 0.087 of an acre, or 351m². The below map shows the location of 12 THE LEVELS, 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 THE LEVELS). 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.
12 THE LEVELS is located in MEARE, in the BA6 postcode district. The below map shows the position of No. 12 on THE LEVELS.