2, THE LEVELS, MEARE, GLASTONBURY, BA6 9SE - £315,000

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

2 THE LEVELS is a small detached house of 136m². It was last sold for £315,000 in July 2020, which was around 13% below the average July 2020 detached price in the Somerset local authority area. The most recent EPC inspection was August 2019, where the current energy rating was B, and the potential energy rating was B.

2 THE LEVELS Sold Prices

Land registry data shows two sales for 2 THE LEVELS since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Somerset local authority area for the corresponding sale date. One of the two 2 THE LEVELS sales was for below the average price, whilst the other was 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
2020 24 JUL	£315,000	£363,755	13% below HPI
2014 20 MAR	£285,000	£280,146	2% above HPI

2 THE LEVELS Price Paid vs. HPI Average

The below graph shows the average detached house price in the Somerset local authority area over time, sourced from the HPI. The two 2 THE LEVELS sales from March 2014 and July 2020 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 2014 sale was for 2% above the HPI. So the extrapolation line tracks at 2% above the HPI over time, until the July 2020 sale, where it falls to 13% below the HPI. The line then continues to track at 13% below the HPI.

How Large is 2 THE LEVELS?

2 THE LEVELS is 136m² according to the EPC inspection conducted in August 2019. This puts it in the smallest 40% of detached houses in Meare, based on EPC data. The below chart shows the distribution of detached houses by size in Meare, and where 2 THE LEVELS lies on this distribution: 36% of detached houses are smaller than 2 THE LEVELS, and 64% of houses are larger. Note that EPC data is not available for all properties in Meare.

2 THE LEVELS: Plot and Title Map

2 THE LEVELS sits on a plot of roughly 0.070 of an acre, or 285m². The below map shows the location of 2 THE LEVELS, 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 LEVELS). 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 LEVELS?

2 THE LEVELS is located in MEARE, in the BA6 postcode district. The below map shows the position of No. 2 on THE LEVELS.