48, MERRYFIELD, MARK, HIGHBRIDGE, TA9 4NB - £365,000

Based on the July 2024 Price Paid Data (released on 29th August 2024), the June 2024 House Price Index (released on 14th August 2024), and the July 2024 Energy Performance of Buildings Data (released on 29th August 2024). Sources

48 MERRYFIELD is a small detached house of 84m², built sometime between 1976 and 1982. It was last sold for £365,000 in June 2022, which was around 16% below the average June 2022 detached price in the Somerset local authority area. The most recent EPC inspection was January 2022, where the current energy rating was E, and the potential energy rating was B.

48 MERRYFIELD Sold Prices

Land registry data shows three sales for 48 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 48 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
2022 7 JUN	£365,000	£434,749	16% below HPI
2011 18 AUG	£219,950	£274,510	20% below HPI
2000 30 JUN	£127,500	£133,339	4% below HPI

48 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 48 MERRYFIELD sales between June 2000 and June 2022 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 August 2011 sale was for 20% below the HPI. So the extrapolation line tracks at 20% below the HPI over time, until the June 2022 sale, where it rises to 16% below the HPI. The line then continues to track at 16% below the HPI.

How Large is 48 MERRYFIELD?

48 MERRYFIELD is 84m² according to the EPC inspection conducted in January 2022. This puts it in the smallest 30% of detached houses in Mark, based on EPC data. The below chart shows the distribution of detached houses by size in Mark, and where 48 MERRYFIELD lies on this distribution: 23% of detached houses are smaller than 48 MERRYFIELD, and 77% of houses are larger. Note that EPC data is not available for all properties in Mark.

48 MERRYFIELD: Plot and Title Map

48 MERRYFIELD sits on a plot of roughly 0.100 of an acre, or 406m². The below map shows the location of 48 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 48 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 48 MERRYFIELD?

48 MERRYFIELD is located in MARK, in the TA9 postcode district. The below map shows the position of No. 48 on MERRYFIELD.