38, MERRYFIELD, MARK, HIGHBRIDGE, TA9 4NB - £205,000

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.

38 MERRYFIELD is a very small detached house of 75m², built sometime between 1976 and 1982, which could now be worth an estimated £327,748. It was last sold for £205,000 in October 2013, which was around 29% below the average October 2013 detached price in the Somerset local authority area. The most recent EPC inspection was April 2012, where the current energy rating was E, and the potential energy rating was B.

38 MERRYFIELD Sold Prices

Land registry data shows two sales for 38 MERRYFIELD 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 38 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
2013 18 OCT	£205,000	£287,989	29% below HPI
1999 12 JUL	£105,000	£115,996	9% below HPI

38 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 two 38 MERRYFIELD sales from July 1999 and October 2013 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 July 1999 sale was for 9% below the HPI. So the extrapolation line tracks at 9% below the HPI over time, until the October 2013 sale, where it falls to 29% below the HPI. The line then continues to track at 29% below the HPI.

What might 38 MERRYFIELD be worth now?

38 MERRYFIELD might now be worth an estimated £327,748.

This is based on house price inflation of 59.9%, between October 2013 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 59.9% inflationary increase is applied to the most recent sale price for 38 MERRYFIELD of £205,000 on 18th October 2013. For the value to have increased from £205,000 to £327,748 over the twelve years and eight months to February 2025, the following assumptions must hold true:

• The value of 38 MERRYFIELD has moved in line with the HPI for detached houses in the Somerset local authority area.
• The October 2013 sale price of £205,000 represented a fair market value for the property.
• The size, condition, and specification of 38 MERRYFIELD has not materially changed since October 2013.

How Large is 38 MERRYFIELD?

38 MERRYFIELD is 75m² according to the EPC inspection conducted in April 2012. This puts it in the smallest 20% of detached houses houses in Mark, based on EPC data. The below chart shows the distribution of detached houses houses by size in Mark, and where 38 MERRYFIELD lies on this distribution: 14% of detached houses houses are smaller than 38 MERRYFIELD, and 86% of houses are larger. Note that EPC data is not available for all properties in Mark.

38 MERRYFIELD: Plot and Title Map

38 MERRYFIELD sits on a plot of roughly 0.099 of an acre, or 400m². The below map shows the location of 38 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 38 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 38 MERRYFIELD?

38 MERRYFIELD is located in MARK, in the TA9 postcode district. The below map shows the position of No. 38 on MERRYFIELD.