28, MERRYFIELD, MARK, HIGHBRIDGE, TA9 4NB - £225,000

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

28 MERRYFIELD is a very small detached house of 70m², built sometime between 1967 and 1975. It was last sold for £225,000 in October 2015, which was around 27% below the average October 2015 detached price in the Somerset local authority area. The most recent EPC inspection was December 2015, where the current energy rating was D, and the potential energy rating was A.

28 MERRYFIELD Sold Prices

Land registry data shows three sales for 28 MERRYFIELD since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Somerset local authority area for the corresponding sale date. All of the three 28 MERRYFIELD 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
2015 9 OCT	£225,000	£309,594	27% below HPI
2012 20 APR	£230,000	£265,727	13% below HPI
1998 28 SEP	£98,500	£106,118	7% below HPI

28 MERRYFIELD 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 three 28 MERRYFIELD sales between September 1998 and October 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 2012 sale was for 13% below the HPI. So the extrapolation line tracks at 13% below the HPI over time, until the October 2015 sale, where it falls to 27% below the HPI. The line then continues to track at 27% below the HPI.

How Large is 28 MERRYFIELD?

28 MERRYFIELD is 70m² according to the EPC inspection conducted in December 2015. This puts it in the smallest 10% of detached houses in Mark, based on EPC data. The below chart shows the distribution of detached houses by size in Mark, and where 28 MERRYFIELD lies on this distribution: 6% of detached houses are smaller than 28 MERRYFIELD, and 94% of houses are larger. Note that EPC data is not available for all properties in Mark.

28 MERRYFIELD: Plot and Title Map

28 MERRYFIELD sits on a plot of roughly 0.115 of an acre, or 467m². The below map shows the location of 28 MERRYFIELD, 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 28 MERRYFIELD). 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 28 MERRYFIELD?

28 MERRYFIELD is located in MARK, in the TA9 postcode district. The below map shows the position of No. 28 on MERRYFIELD.