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
14 THE LEVELS is a midsized detached house of 145m². It was last sold for £380,000 in March 2020, which was around 4% above the average March 2020 detached price in the Somerset local authority area. The most recent EPC inspection was October 2018, where the current energy rating was B, and the potential energy rating was B.
Land registry data shows five sales for 14 THE LEVELS since 1st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the Somerset local authority area for the corresponding sale date. All of the five 14 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 |
---|---|---|---|
2020 3 MAR | £380,000 | £363,777 | 4% above HPI |
2014 9 MAY | £310,000 | £285,404 | 9% above HPI |
2008 17 APR | £350,000 | £288,194 | 21% above HPI |
2000 30 MAR | £160,000 | £126,129 | 27% above HPI |
1998 1 MAY | £129,000 | £100,608 | 28% above HPI |
The below graph shows the average detached house price in the Somerset local authority area over time, sourced from the HPI. The five 14 THE LEVELS sales between May 1998 and March 2020 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 May 2014 sale was for 9% above the HPI. So the extrapolation line tracks at 9% above the HPI over time, until the March 2020 sale, where it falls to 4% above the HPI. The line then continues to track at 4% above the HPI.
14 THE LEVELS is 145m² according to the EPC inspection conducted in October 2018. This puts it in the smallest 50% of detached houses in Meare, based on EPC data. The below chart shows the distribution of detached houses by size in Meare, and where 14 THE LEVELS lies on this distribution: 47% of detached houses are smaller than 14 THE LEVELS, and 51% of houses are larger. Note that EPC data is not available for all properties in Meare.
14 THE LEVELS sits on a plot of roughly 0.079 of an acre, or 322m². The below map shows the location of 14 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 14 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.
14 THE LEVELS is located in MEARE, in the BA6 postcode district. The below map shows the position of No. 14 on THE LEVELS.