Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources
2 THE FIELDS is a large detached house of 159m², built sometime between 2003 and 2006. It was last sold for £430,000 in July 2023, which was around 12% below the average July 2023 detached price in the Wiltshire local authority area. The most recent EPC inspection was March 2023, where the current energy rating was C, and the potential energy rating was C.
Land registry data shows two sales for 2 THE FIELDS since 1st 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 2 THE FIELDS 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 |
---|---|---|---|
2023 3 JUL | £430,000 | £488,471 | 12% below HPI |
2003 28 MAY | £205,000 | £254,168 | 19% below HPI |
The below graph shows the average detached house price in the Wiltshire local authority area over time, sourced from the HPI. The two 2 THE FIELDS sales from May 2003 and July 2023 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 2003 sale was for 19% below the HPI. So the extrapolation line tracks at 19% below the HPI over time, until the July 2023 sale, where it rises to 12% below the HPI. The line then continues to track at 12% below the HPI.
2 THE FIELDS is 159m² according to the EPC inspection conducted in March 2023. This puts it in the largest 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 2 THE FIELDS lies on this distribution: 79% of detached houses are smaller than 2 THE FIELDS, and 20% of houses are larger. Note that EPC data is not available for all properties in Mere.
2 THE FIELDS sits on a plot of roughly 0.076 of an acre, or 308m². The below map shows the location of 2 THE FIELDS, 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 THE FIELDS). 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.
2 THE FIELDS is located in MERE, in the BA12 postcode district. The below map shows the position of No. 2 on THE FIELDS.