BRAMBLES, HIGHER STREET, MERRIOTT, TA16 5PJ - £320,000

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

BRAMBLES is a small detached house of 97m², built sometime between 1976 and 1982. It was last sold for £320,000 in February 2021, which was around 17% below the average February 2021 detached price in the Somerset local authority area. The most recent EPC inspection was July 2020, where the current energy rating was D, and the potential energy rating was B.

BRAMBLES Sold Prices

Land registry data shows four sales for BRAMBLES since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Somerset local authority area for the corresponding sale date. The four BRAMBLES sales were a mix of below the average price, and roughly equal to 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
2021 18 FEB	£320,000	£387,601	17% below HPI
2020 25 NOV	£320,000	£383,665	17% below HPI
2016 20 OCT	£282,000	£326,839	14% below HPI
1995 4 DEC	£82,500	£82,865	Close to HPI

BRAMBLES 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 four BRAMBLES sales between December 1995 and February 2021 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 November 2020 sale was for 17% below the HPI. So the extrapolation line tracks at 17% below the HPI over time, until the February 2021 sale, which was also at 17% below the HPI.

How Large is BRAMBLES?

BRAMBLES is 97m² according to the EPC inspection conducted in July 2020. This puts it in the smallest 30% of detached houses in Merriott, based on EPC data. The below chart shows the distribution of detached houses by size in Merriott, and where BRAMBLES lies on this distribution: 28% of detached houses are smaller than BRAMBLES, and 71% of houses are larger. Note that EPC data is not available for all properties in Merriott.

BRAMBLES: Plot and Title Map

BRAMBLES sits on a plot of roughly 0.133 of an acre, or 539m². The below map shows the location of BRAMBLES, 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 BRAMBLES). 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 BRAMBLES?

BRAMBLES is located on HIGHER STREET in MERRIOTT, in the TA16 postcode district. The below map shows the position of BRAMBLES on HIGHER STREET.