57, LOWER STREET, MERRIOTT, TA16 5NN - £355,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

57 LOWER STREET is a large extended detached house of 135m², built sometime between 1900 and 1929. It was last sold for £355,000 in February 2016, which was around 13% above the average February 2016 detached price in the Somerset local authority area. The most recent EPC inspection was June 2015, where the current energy rating was D, and the potential energy rating was C.

57 LOWER STREET Sold Prices

Land registry data shows two sales for 57 LOWER STREET 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 57 LOWER STREET sales were for above 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
2016 12 FEB	£355,000	£314,695	13% above HPI
2005 2 SEP	£298,000	£258,316	15% above HPI

57 LOWER STREET 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 57 LOWER STREET sales from September 2005 and February 2016 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 2005 sale was for 15% above the HPI. So the extrapolation line tracks at 15% above the HPI over time, until the February 2016 sale, where it falls to 13% above the HPI. The line then continues to track at 13% above the HPI.

How Large is 57 LOWER STREET?

57 LOWER STREET is 135m², which includes one extension, according to the EPC inspection conducted in June 2015. This puts it in the largest 40% of detached houses in Merriott, based on EPC data. The below chart shows the distribution of detached houses by size in Merriott, and where 57 LOWER STREET lies on this distribution: 68% of detached houses are smaller than 57 LOWER STREET, and 32% of houses are larger. Note that EPC data is not available for all properties in Merriott.

57 LOWER STREET: Plot and Title Map

57 LOWER STREET sits on a plot of roughly 0.233 of an acre, or 944m². The below map shows the location of 57 LOWER STREET, 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 57 LOWER STREET). 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 57 LOWER STREET?

57 LOWER STREET is located in MERRIOTT, in the TA16 postcode district. The below map shows the position of No. 57 on LOWER STREET.