14, UNDERHILL, MERE, WARMINSTER, BA12 6LU - £247,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

14 UNDERHILL is a very small detached house of 59m², built sometime between 1996 and 2002, which could now be worth an estimated £284,059. It was last sold for £247,000 in February 2021, which was around 45% below the average February 2021 detached price in the Wiltshire local authority area. The most recent EPC inspection was August 2010, where the current energy rating was C, and the potential energy rating was C.

14 UNDERHILL Sold Prices

Land registry data shows five sales for 14 UNDERHILL since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the Wiltshire local authority area for the corresponding sale date. All of the five 14 UNDERHILL 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
2021 12 FEB	£247,000	£451,915	45% below HPI
2012 17 DEC	£179,000	£322,064	44% below HPI
2012 6 JAN	£150,000	£321,117	53% below HPI
1999 4 JUN	£83,500	£144,679	42% below HPI
1998 15 JUL	£78,950	£133,149	41% below HPI

14 UNDERHILL 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 five 14 UNDERHILL sales between July 1998 and February 2021 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 2012 sale was for 44% below the HPI. So the extrapolation line tracks at 44% below the HPI over time, until the February 2021 sale, where it falls to 45% below the HPI. The line then continues to track at 45% below the HPI.

What might 14 UNDERHILL be worth now?

14 UNDERHILL might now be worth an estimated £284,059.

This is based on house price inflation of 15%, between February 2021 and December 2024, for detached houses, in the Wiltshire local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 15% inflationary increase is applied to the most recent sale price for 14 UNDERHILL of £247,000 on 12th February 2021. For the value to have increased from £247,000 to £284,059 over the two years and two months to December 2024, the following assumptions must hold true:

• The value of 14 UNDERHILL has moved in line with the HPI for detached houses in the Wiltshire local authority area.
• The February 2021 sale price of £247,000 represented a fair market value for the property.
• The size, condition, and specification of 14 UNDERHILL has not materially changed since February 2021.

How Large is 14 UNDERHILL?

14 UNDERHILL is 59m² according to the EPC inspection conducted in August 2010. This puts it in the smallest 10% of detached houses houses in Mere, based on EPC data. The below chart shows the distribution of detached houses houses by size in Mere, and where 14 UNDERHILL lies on this distribution: 2% of detached houses houses are smaller than 14 UNDERHILL, and 98% of houses are larger. Note that EPC data is not available for all properties in Mere.

14 UNDERHILL: Plot and Title Map

14 UNDERHILL sits on a plot of roughly 0.105 of an acre, or 423m². The below map shows the location of 14 UNDERHILL, 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 UNDERHILL). 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 14 UNDERHILL?

14 UNDERHILL is located in MERE, in the BA12 postcode district. The below map shows the position of No. 14 on UNDERHILL.