2, THE FIELDS, MERE, WARMINSTER, BA12 6EA - £430,000

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

2 THE FIELDS is a large detached house of 159m², built sometime between 2003 and 2006, which could now be worth an estimated £442,103. It was last sold for £430,000 in July 2023, which was around 15% 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.

2 THE FIELDS Sold Prices

Land registry data shows two sales for 2 THE FIELDS 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 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	£505,490	15% below HPI
2003 28 MAY	£205,000	£263,024	22% below HPI

2 THE FIELDS 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 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 22% below the HPI. So the extrapolation line tracks at 22% below the HPI over time, until the July 2023 sale, where it rises to 15% below the HPI. The line then continues to track at 15% below the HPI.

What might 2 THE FIELDS be worth now?

2 THE FIELDS might now be worth an estimated £442,103.

This is based on house price inflation of 2.8%, between July 2023 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 2.8% inflationary increase is applied to the most recent sale price for 2 THE FIELDS of £430,000 on 3rd July 2023. For the value to have increased from £430,000 to £442,103 over the seven months to December 2024, the following assumptions must hold true:

• The value of 2 THE FIELDS has moved in line with the HPI for detached houses in the Wiltshire local authority area.
• The July 2023 sale price of £430,000 represented a fair market value for the property.
• The size, condition, and specification of 2 THE FIELDS has not materially changed since July 2023.

How Large is 2 THE FIELDS?

2 THE FIELDS is 159m² according to the EPC inspection conducted in March 2023. This puts it in the largest 20% 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 2 THE FIELDS lies on this distribution: 80% of detached houses houses are smaller than 2 THE FIELDS, and 19% of houses are larger. Note that EPC data is not available for all properties in Mere.

2 THE FIELDS: Plot and Title Map

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.

Where is 2 THE FIELDS?

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