3, NEW COTTAGES, SHAFTESBURY ROAD, MERE, WARMINSTER, BA12 6BN - £470,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

3 NEW COTTAGES is a very large semi-detached house of 182m², built sometime between 1996 and 2002, which could now be worth an estimated £580,806. It was last sold for £470,000 in November 2019, which was around 77% above the average November 2019 semi-detached price in the Wiltshire local authority area. The most recent EPC inspection was May 2018, where the current energy rating was C, and the potential energy rating was A.

3 NEW COTTAGES Sold Prices

Land registry data shows two sales for 3 NEW COTTAGES since 1^st January 1995. The below table shows the price paid for the two sales, along with the average semi-detached price in the Wiltshire local authority area for the corresponding sale date. One of the two 3 NEW COTTAGES 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
2019 28 NOV	£470,000	£266,122	77% above HPI
1995 7 SEP	£52,256	£60,780	14% below HPI

3 NEW COTTAGES Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Wiltshire local authority area over time, sourced from the HPI. The two 3 NEW COTTAGES sales from September 1995 and November 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 September 1995 sale was for 14% below the HPI. So the extrapolation line tracks at 14% below the HPI over time, until the November 2019 sale, where it rises to 77% above the HPI. The line then continues to track at 77% above the HPI.

What might 3 NEW COTTAGES be worth now?

3 NEW COTTAGES might now be worth an estimated £580,806.

This is based on house price inflation of 23.6%, between November 2019 and February 2025, for semi-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 23.6% inflationary increase is applied to the most recent sale price for 3 NEW COTTAGES of £470,000 on 28th November 2019. For the value to have increased from £470,000 to £580,806 over the six years and nine months to February 2025, the following assumptions must hold true:

• The value of 3 NEW COTTAGES has moved in line with the HPI for semi-detached houses in the Wiltshire local authority area.
• The November 2019 sale price of £470,000 represented a fair market value for the property.
• The size, condition, and specification of 3 NEW COTTAGES has not materially changed since November 2019.

How Large is 3 NEW COTTAGES?

3 NEW COTTAGES is 182m² according to the EPC inspection conducted in May 2018. This puts it in the largest 20% of semi-detached houses houses in Mere, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Mere, and where 3 NEW COTTAGES lies on this distribution: 87% of semi-detached houses houses are smaller than 3 NEW COTTAGES, and 12% of houses are larger. Note that EPC data is not available for all properties in Mere.

3 NEW COTTAGES: Plot and Title Map

3 NEW COTTAGES sits on a plot of roughly 0.088 of an acre, or 356m². The below map shows the location of 3 NEW COTTAGES, 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 3 NEW COTTAGES). 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 3 NEW COTTAGES?

3 NEW COTTAGES is located on SHAFTESBURY ROAD in MERE, in the BA12 postcode district. The below map shows the position of 3 NEW COTTAGES on SHAFTESBURY ROAD.