HOPE COTTAGE, NORTH ROAD, MERE, WARMINSTER, BA12 6HQ - £229,950

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

HOPE COTTAGE is a very small detached house of 76m². It was last sold for £229,950 in May 2017, which was around 41% below the average May 2017 detached price in the Wiltshire local authority area. The most recent EPC inspection was April 2014, where the current energy rating was C, and the potential energy rating was A.

HOPE COTTAGE Sold Prices

Land registry data shows two sales for HOPE COTTAGE 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 HOPE COTTAGE 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
2017 25 MAY	£229,950	£392,694	41% below HPI
2014 13 JUN	£193,000	£321,294	40% below HPI

HOPE COTTAGE 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 HOPE COTTAGE sales from June 2014 and May 2017 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 June 2014 sale was for 40% below the HPI. So the extrapolation line tracks at 40% below the HPI over time, until the May 2017 sale, where it falls to 41% below the HPI. The line then continues to track at 41% below the HPI.

How Large is HOPE COTTAGE?

HOPE COTTAGE is 76m² according to the EPC inspection conducted in April 2014. This puts it in the smallest 10% of detached houses in Mere, based on EPC data. The below chart shows the distribution of detached houses by size in Mere, and where HOPE COTTAGE lies on this distribution: 10% of detached houses are smaller than HOPE COTTAGE, and 89% of houses are larger. Note that EPC data is not available for all properties in Mere.

HOPE COTTAGE: Plot and Title Map

HOPE COTTAGE sits on a plot of roughly 0.031 of an acre, or 127m². The below map shows the location of HOPE COTTAGE, 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 HOPE COTTAGE). 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 HOPE COTTAGE?

HOPE COTTAGE is located on NORTH ROAD in MERE, in the BA12 postcode district. The below map shows the position of HOPE COTTAGE on NORTH ROAD.