23, GREYS ROAD, MERRIOTT, TA16 5PD - £218,000

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

23 GREYS ROAD is a very small detached house of 83m², built sometime between 1967 and 1975. It was last sold for £218,000 in October 2016, which was around 33% below the average October 2016 detached price in the Somerset local authority area. The most recent EPC inspection was September 2016, where the current energy rating was D, and the potential energy rating was B.

23 GREYS ROAD Sold Prices

Land registry data shows two sales for 23 GREYS ROAD 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. Both of the two 23 GREYS ROAD 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
2016 24 OCT	£218,000	£326,839	33% below HPI
1996 16 OCT	£80,750	£87,059	7% below HPI

23 GREYS ROAD 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 23 GREYS ROAD sales from October 1996 and October 2016 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 October 1996 sale was for 7% below the HPI. So the extrapolation line tracks at 7% below the HPI over time, until the October 2016 sale, where it falls to 33% below the HPI. The line then continues to track at 33% below the HPI.

How Large is 23 GREYS ROAD?

23 GREYS ROAD is 83m² according to the EPC inspection conducted in September 2016. This puts it in the smallest 10% of detached houses in Merriott, based on EPC data. The below chart shows the distribution of detached houses by size in Merriott, and where 23 GREYS ROAD lies on this distribution: 8% of detached houses are smaller than 23 GREYS ROAD, and 92% of houses are larger. Note that EPC data is not available for all properties in Merriott.

23 GREYS ROAD: Plot and Title Map

23 GREYS ROAD sits on a plot of roughly 0.092 of an acre, or 371m². The below map shows the location of 23 GREYS ROAD, 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 23 GREYS ROAD). 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 23 GREYS ROAD?

23 GREYS ROAD is located in MERRIOTT, in the TA16 postcode district. The below map shows the position of No. 23 on GREYS ROAD.