2, CADDY LANE, MERE, WARMINSTER, BA12 6LX - £167,000

Based on the December 2024 Price Paid Data (released on 29th January 2025), the November 2024 House Price Index (released on 15th January 2025), and the December 2024 Energy Performance of Buildings Data (released on 31st January 2025). Sources

2 CADDY LANE is a very small semi-detached house of 63m², built sometime between 1983 and 1990. It was last sold for £167,000 in January 2016, which was around 55% below the average January 2016 detached price in the Wiltshire local authority area. The most recent EPC inspection was August 2014, where the current energy rating was D, and the potential energy rating was B.

2 CADDY LANE Sold Prices

Land registry data shows five sales for 2 CADDY LANE 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 2 CADDY LANE 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
2016 13 JAN	£167,000	£370,487	55% below HPI
2011 12 AUG	£162,000	£314,018	48% below HPI
2004 30 SEP	£134,000	£290,431	54% below HPI
2002 18 OCT	£86,950	£238,584	64% below HPI
1998 11 DEC	£55,000	£130,899	58% below HPI

2 CADDY LANE 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 2 CADDY LANE sales between December 1998 and January 2016 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 August 2011 sale was for 48% below the HPI. So the extrapolation line tracks at 48% below the HPI over time, until the January 2016 sale, where it falls to 55% below the HPI. The line then continues to track at 55% below the HPI.

How Large is 2 CADDY LANE?

2 CADDY LANE is 63m² according to the EPC inspection conducted in August 2014. This puts it in the smallest 10% of detached houses in Mere, based on EPC data. The below chart shows the distribution of detached houses by size in Mere, and where 2 CADDY LANE lies on this distribution: 4% of detached houses are smaller than 2 CADDY LANE, and 96% of houses are larger. Note that EPC data is not available for all properties in Mere.

2 CADDY LANE: Plot and Title Map

2 CADDY LANE sits on a plot of roughly 0.025 of an acre, or 102m². The below map shows the location of 2 CADDY LANE, 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 2 CADDY LANE). 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 2 CADDY LANE?

2 CADDY LANE is located in MERE, in the BA12 postcode district. The below map shows the position of No. 2 on CADDY LANE.