MEADS, SPRINGFIELD ROAD, MERE, WARMINSTER, BA12 6EW - £201,000

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

MEADS is a very small detached house of 74m², built sometime between 1967 and 1975, which could now be worth an estimated £276,404. It was last sold for £201,000 in September 2015, which was around 47% below the average September 2015 detached price in the Wiltshire local authority area. The most recent EPC inspection was December 2024, where the current energy rating was C, and the potential energy rating was B.

MEADS Sold Prices

Land registry data shows two sales for MEADS 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 MEADS 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 10 SEP	£201,000	£377,937	47% below HPI
1999 9 JUL	£97,500	£147,878	34% below HPI

MEADS 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 MEADS sales from July 1999 and September 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 1999 sale was for 34% below the HPI. So the extrapolation line tracks at 34% below the HPI over time, until the September 2015 sale, where it falls to 47% below the HPI. The line then continues to track at 47% below the HPI.

What might MEADS be worth now?

MEADS might now be worth an estimated £276,404.

This is based on house price inflation of 37.5%, between September 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 37.5% inflationary increase is applied to the most recent sale price for MEADS of £201,000 on 10th September 2015. For the value to have increased from £201,000 to £276,404 over the eight years and nine months to December 2024, the following assumptions must hold true:

• The value of MEADS has moved in line with the HPI for detached houses in the Wiltshire local authority area.
• The September 2015 sale price of £201,000 represented a fair market value for the property.
• The size, condition, and specification of MEADS has not materially changed since September 2015.

How Large is MEADS?

MEADS is 74m² according to the EPC inspection conducted in December 2024. This puts it in the smallest 10% 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 MEADS lies on this distribution: 8% of detached houses houses are smaller than MEADS, and 92% of houses are larger. Note that EPC data is not available for all properties in Mere.

MEADS: Plot and Title Map

MEADS sits on a plot of roughly 0.069 of an acre, or 278m². The below map shows the location of MEADS, 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 MEADS). 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 MEADS?

MEADS is located on SPRINGFIELD ROAD in MERE, in the BA12 postcode district. The below map shows the position of MEADS on SPRINGFIELD ROAD.