18, PROSPECT PLACE, MERE, WARMINSTER, BA12 6LS - £205,000

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

18 PROSPECT PLACE is a very small detached house of 83m², built sometime between 1976 and 1982. It was last sold for £205,000 in November 2002, which was around 14% below the average November 2002 detached price in the Wiltshire local authority area. The most recent EPC inspection was April 2010, where the current energy rating was D, and the potential energy rating was D.

18 PROSPECT PLACE Sold Prices

Land registry data shows two sales for 18 PROSPECT PLACE 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. Both of the two 18 PROSPECT PLACE 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
2002 20 NOV	£205,000	£238,834	14% below HPI
1999 26 MAR	£95,000	£136,042	30% below HPI

18 PROSPECT PLACE 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 18 PROSPECT PLACE sales from March 1999 and November 2002 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 March 1999 sale was for 30% below the HPI. So the extrapolation line tracks at 30% below the HPI over time, until the November 2002 sale, where it rises to 14% below the HPI. The line then continues to track at 14% below the HPI.

How Large is 18 PROSPECT PLACE?

18 PROSPECT PLACE is 83m² according to the EPC inspection conducted in April 2010. This puts it in the smallest 20% of detached houses in Mere, based on EPC data. The below chart shows the distribution of detached houses by size in Mere, and where 18 PROSPECT PLACE lies on this distribution: 18% of detached houses are smaller than 18 PROSPECT PLACE, and 82% of houses are larger. Note that EPC data is not available for all properties in Mere.

18 PROSPECT PLACE: Plot and Title Map

18 PROSPECT PLACE sits on a plot of roughly 0.082 of an acre, or 330m². The below map shows the location of 18 PROSPECT PLACE, 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 18 PROSPECT PLACE). 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 18 PROSPECT PLACE?

18 PROSPECT PLACE is located in MERE, in the BA12 postcode district. The below map shows the position of No. 18 on PROSPECT PLACE.