55, DOWNSIDE CLOSE, MERE, WARMINSTER, BA12 6AS - £225,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

55 DOWNSIDE CLOSE is a small detached house of 91m², which could now be worth an estimated £331,879. It was last sold for £225,000 in March 2015, which was around 36% below the average March 2015 detached price in the Wiltshire local authority area. The most recent EPC inspection was July 2011, where the current energy rating was C, and the potential energy rating was C.

55 DOWNSIDE CLOSE Sold Prices

Land registry data shows two sales for 55 DOWNSIDE CLOSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Wiltshire local authority area for the corresponding sale date. Both of the two 55 DOWNSIDE CLOSE 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 27 MAR	£225,000	£352,347	36% below HPI
2011 22 JUL	£235,000	£318,941	26% below HPI

55 DOWNSIDE CLOSE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Wiltshire local authority area over time, sourced from the HPI. The two 55 DOWNSIDE CLOSE sales from July 2011 and March 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 July 2011 sale was for 26% below the HPI. So the extrapolation line tracks at 26% below the HPI over time, until the March 2015 sale, where it falls to 36% below the HPI. The line then continues to track at 36% below the HPI.

What might 55 DOWNSIDE CLOSE be worth now?

55 DOWNSIDE CLOSE might now be worth an estimated £331,879.

This is based on house price inflation of 47.5%, between March 2015 and December 2024, for 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 47.5% inflationary increase is applied to the most recent sale price for 55 DOWNSIDE CLOSE of £225,000 on 27th March 2015. For the value to have increased from £225,000 to £331,879 over the eight years and three months to December 2024, the following assumptions must hold true:

• The value of 55 DOWNSIDE CLOSE has moved in line with the HPI for detached houses in the Wiltshire local authority area.
• The March 2015 sale price of £225,000 represented a fair market value for the property.
• The size, condition, and specification of 55 DOWNSIDE CLOSE has not materially changed since March 2015.

How Large is 55 DOWNSIDE CLOSE?

55 DOWNSIDE CLOSE is 91m² according to the EPC inspection conducted in July 2011. This puts it in the smallest 30% of detached houses houses in Mere, based on EPC data. The below chart shows the distribution of detached houses houses by size in Mere, and where 55 DOWNSIDE CLOSE lies on this distribution: 30% of detached houses houses are smaller than 55 DOWNSIDE CLOSE, and 70% of houses are larger. Note that EPC data is not available for all properties in Mere.

55 DOWNSIDE CLOSE: Plot and Title Map

55 DOWNSIDE CLOSE sits on a plot of roughly 0.074 of an acre, or 300m². The below map shows the location of 55 DOWNSIDE CLOSE, 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 55 DOWNSIDE CLOSE). 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 55 DOWNSIDE CLOSE?

55 DOWNSIDE CLOSE is located in MERE, in the BA12 postcode district. The below map shows the position of No. 55 on DOWNSIDE CLOSE.