2, TOWNSEND CLOSE, MERE, WARMINSTER, BA12 6JZ - £395,000

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 TOWNSEND CLOSE is a large detached house of 139m², built sometime between 1996 and 2002, which could now be worth an estimated £587,074. It was last sold for £395,000 in February 2015, which was around 13% above the average February 2015 detached price in the Wiltshire local authority area. The most recent EPC inspection was October 2014, where the current energy rating was D, and the potential energy rating was C.

2 TOWNSEND CLOSE Sold Prices

Land registry data shows two sales for 2 TOWNSEND CLOSE 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. One of the two 2 TOWNSEND CLOSE sales was for above the average price, whilst the other was 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
2015 27 FEB	£395,000	£349,681	13% above HPI
1997 4 APR	£65,000	£112,265	42% below HPI

2 TOWNSEND CLOSE 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 TOWNSEND CLOSE sales from April 1997 and February 2015 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 April 1997 sale was for 42% below the HPI. So the extrapolation line tracks at 42% below the HPI over time, until the February 2015 sale, where it rises to 13% above the HPI. The line then continues to track at 13% above the HPI.

What might 2 TOWNSEND CLOSE be worth now?

2 TOWNSEND CLOSE might now be worth an estimated £587,074.

This is based on house price inflation of 48.6%, between February 2015 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 48.6% inflationary increase is applied to the most recent sale price for 2 TOWNSEND CLOSE of £395,000 on 27th February 2015. For the value to have increased from £395,000 to £587,074 over the eight years and two months to December 2024, the following assumptions must hold true:

• The value of 2 TOWNSEND CLOSE has moved in line with the HPI for detached houses in the Wiltshire local authority area.
• The February 2015 sale price of £395,000 represented a fair market value for the property.
• The size, condition, and specification of 2 TOWNSEND CLOSE has not materially changed since February 2015.

How Large is 2 TOWNSEND CLOSE?

2 TOWNSEND CLOSE is 139m² according to the EPC inspection conducted in October 2014. This puts it in the largest 40% 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 TOWNSEND CLOSE lies on this distribution: 66% of detached houses houses are smaller than 2 TOWNSEND CLOSE, and 33% of houses are larger. Note that EPC data is not available for all properties in Mere.

2 TOWNSEND CLOSE: Plot and Title Map

2 TOWNSEND CLOSE sits on a plot of roughly 0.176 of an acre, or 712m². The below map shows the location of 2 TOWNSEND CLOSE, 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 TOWNSEND CLOSE). 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 TOWNSEND CLOSE?

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