37, MEAREWAY, MEARE, GLASTONBURY, BA6 9TY - £345,000

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.

37 MEAREWAY is a midsized extended detached house of 132m², built sometime before 1900, which could now be worth an estimated £440,519. It was last sold for £345,000 in November 2017, which was around 4% below the average November 2017 detached price in the Somerset local authority area. The most recent EPC inspection was January 2017, where the current energy rating was E, and the potential energy rating was C.

37 MEAREWAY Sold Prices

Land registry data shows five sales for 37 MEAREWAY since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the Somerset local authority area for the corresponding sale date. All of the five 37 MEAREWAY 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
2017 29 NOV	£345,000	£360,593	4% below HPI
2014 30 SEP	£235,000	£305,000	23% below HPI
2007 2 SEP	£239,000	£309,020	23% below HPI
2006 15 SEP	£215,000	£284,508	24% below HPI
2004 21 DEC	£180,000	£264,037	32% below HPI

37 MEAREWAY 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 five 37 MEAREWAY sales between December 2004 and November 2017 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 2014 sale was for 23% below the HPI. So the extrapolation line tracks at 23% below the HPI over time, until the November 2017 sale, where it rises to 4% below the HPI. The line then continues to track at 4% below the HPI.

What might 37 MEAREWAY be worth now?

37 MEAREWAY might now be worth an estimated £440,519.

This is based on house price inflation of 27.7%, between November 2017 and February 2025, for detached houses, in the Somerset local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 27.7% inflationary increase is applied to the most recent sale price for 37 MEAREWAY of £345,000 on 29th November 2017. For the value to have increased from £345,000 to £440,519 over the eight years and nine months to February 2025, the following assumptions must hold true:

• The value of 37 MEAREWAY has moved in line with the HPI for detached houses in the Somerset local authority area.
• The November 2017 sale price of £345,000 represented a fair market value for the property.
• The size, condition, and specification of 37 MEAREWAY has not materially changed since November 2017.

How Large is 37 MEAREWAY?

37 MEAREWAY is 132m², which includes two extensions, according to the EPC inspection conducted in January 2017. This puts it in the largest 40% of detached houses houses in Oxenpill, based on EPC data. The below chart shows the distribution of detached houses houses by size in Oxenpill, and where 37 MEAREWAY lies on this distribution: 59% of detached houses houses are smaller than 37 MEAREWAY, and 39% of houses are larger. Note that EPC data is not available for all properties in Oxenpill.

37 MEAREWAY: Plot and Title Map

37 MEAREWAY sits on a plot of roughly 0.052 of an acre, or 209m². The below map shows the location of 37 MEAREWAY, 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 37 MEAREWAY). 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 37 MEAREWAY?

37 MEAREWAY is located in MEARE, in the BA6 postcode district. The below map shows the position of No. 37 on MEAREWAY.