2, THE PADDOCKS, PETTRIDGE LANE, MERE, WARMINSTER, BA12 6DG - £330,000

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 PADDOCKS is a midsized detached house of 109m², built sometime between 1983 and 1990. It was last sold for £330,000 in May 2019, which was around 19% below the average May 2019 detached price in the Wiltshire local authority area. The most recent EPC inspection was July 2016, where the current energy rating was D, and the potential energy rating was B.

2 THE PADDOCKS Sold Prices

Land registry data shows two sales for 2 THE PADDOCKS 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 PADDOCKS 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
2019 23 MAY	£330,000	£409,269	19% below HPI
2016 31 AUG	£290,000	£389,788	26% below HPI

2 THE PADDOCKS 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 PADDOCKS sales from August 2016 and May 2019 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 2016 sale was for 26% below the HPI. So the extrapolation line tracks at 26% below the HPI over time, until the May 2019 sale, where it rises to 19% below the HPI. The line then continues to track at 19% below the HPI.

How Large is 2 THE PADDOCKS?

2 THE PADDOCKS is 109m² according to the EPC inspection conducted in July 2016. This puts it in the smallest 50% 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 PADDOCKS lies on this distribution: 47% of detached houses are smaller than 2 THE PADDOCKS, and 52% of houses are larger. Note that EPC data is not available for all properties in Mere.

2 THE PADDOCKS: Plot and Title Map

2 THE PADDOCKS sits on a plot of roughly 0.234 of an acre, or 948m². The below map shows the location of 2 THE PADDOCKS, 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 PADDOCKS). 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 PADDOCKS?

2 THE PADDOCKS is located on PETTRIDGE LANE in MERE, in the BA12 postcode district. The below map shows the position of 2 THE PADDOCKS on PETTRIDGE LANE.