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
MERRYFIELD is a midsized extended detached house of 172m², built sometime between 1983 and 1990. It was last sold for £450,000 in August 2020, which was around 23% above the average August 2020 detached price in the Somerset local authority area. The most recent EPC inspection was March 2013, where the current energy rating was D, and the potential energy rating was C.
Land registry data shows four sales for MERRYFIELD since 1st 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. two of the four MERRYFIELD sales were for above the average price, and four 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 |
---|---|---|---|
2020 7 AUG | £450,000 | £367,260 | 23% above HPI |
2013 8 APR | £235,000 | £271,987 | 14% below HPI |
2007 22 FEB | £285,000 | £278,347 | 2% above HPI |
2005 26 AUG | £238,000 | £258,250 | 8% below HPI |
The below graph shows the average detached house price in the Somerset local authority area over time, sourced from the HPI. The four MERRYFIELD sales between August 2005 and August 2020 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 April 2013 sale was for 14% below the HPI. So the extrapolation line tracks at 14% below the HPI over time, until the August 2020 sale, where it rises to 23% above the HPI. The line then continues to track at 23% above the HPI.
MERRYFIELD is 172m², which includes one extension, according to the EPC inspection conducted in March 2013. This puts it in the smallest 50% of detached houses in Marston Magna, based on EPC data. The below chart shows the distribution of detached houses by size in Marston Magna, and where MERRYFIELD lies on this distribution: 49% of detached houses are smaller than MERRYFIELD, and 51% of houses are larger. Note that EPC data is not available for all properties in Marston Magna.
MERRYFIELD sits on a plot of roughly 0.188 of an acre, or 762m². The below map shows the location of MERRYFIELD, 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 MERRYFIELD). 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.
MERRYFIELD is located on CAMEL STREET in MARSTON MAGNA, in the BA22 postcode district. The below map shows the position of MERRYFIELD on CAMEL STREET.