15, HIGHER STREET, MERRIOTT, TA16 5PJ - £247,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

15 HIGHER STREET is a very small semi-detached house of 88m², built sometime before 1900, which could now be worth an estimated £311,396. It was last sold for £247,000 in October 2019, which was around 8% above the average October 2019 semi-detached price in the Somerset local authority area. The most recent EPC inspection was October 2008, where the current energy rating was E, and the potential energy rating was D.

15 HIGHER STREET Sold Prices

Land registry data shows five sales for 15 HIGHER STREET since 1^st January 1995. The below table shows the price paid for the five sales, along with the average semi-detached price in the Somerset local authority area for the corresponding sale date. All of the five 15 HIGHER STREET 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
2019 23 OCT	£247,000	£229,612	8% above HPI
2014 25 NOV	£212,000	£184,363	15% above HPI
2004 23 SEP	£170,000	£162,110	5% above HPI
2001 12 DEC	£125,000	£95,574	31% above HPI
1998 23 JUL	£89,950	£62,037	45% above HPI

15 HIGHER STREET Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Somerset local authority area over time, sourced from the HPI. The five 15 HIGHER STREET sales between July 1998 and October 2019 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 November 2014 sale was for 15% above the HPI. So the extrapolation line tracks at 15% above the HPI over time, until the October 2019 sale, where it falls to 8% above the HPI. The line then continues to track at 8% above the HPI.

What might 15 HIGHER STREET be worth now?

15 HIGHER STREET might now be worth an estimated £311,396.

This is based on house price inflation of 26.1%, between October 2019 and February 2025, for semi-detached houses, in the Somerset local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 26.1% inflationary increase is applied to the most recent sale price for 15 HIGHER STREET of £247,000 on 23rd October 2019. For the value to have increased from £247,000 to £311,396 over the six years and eight months to February 2025, the following assumptions must hold true:

• The value of 15 HIGHER STREET has moved in line with the HPI for semi-detached houses in the Somerset local authority area.
• The October 2019 sale price of £247,000 represented a fair market value for the property.
• The size, condition, and specification of 15 HIGHER STREET has not materially changed since October 2019.

How Large is 15 HIGHER STREET?

15 HIGHER STREET is 88m² according to the EPC inspection conducted in October 2008. This puts it in the smallest 20% of semi-detached houses houses in Merriott, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Merriott, and where 15 HIGHER STREET lies on this distribution: 15% of semi-detached houses houses are smaller than 15 HIGHER STREET, and 85% of houses are larger. Note that EPC data is not available for all properties in Merriott.

15 HIGHER STREET: Plot and Title Map

15 HIGHER STREET sits on a plot of roughly 0.015 of an acre, or 62m². The below map shows the location of 15 HIGHER STREET, 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 15 HIGHER STREET). 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 15 HIGHER STREET?

15 HIGHER STREET is located in MERRIOTT, in the TA16 postcode district. The below map shows the position of No. 15 on HIGHER STREET.