POUND HOUSE, MEAREWAY, MEARE, GLASTONBURY, BA6 9TY - £737,500

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

POUND HOUSE is a very large extended detached house of 234m², built sometime before 1900, which could now be worth an estimated £766,886. It was last sold for £737,500 in April 2022, which was around 67% above the average April 2022 detached price in the Somerset local authority area. The most recent EPC inspection was May 2014, where the current energy rating was D, and the potential energy rating was B.

POUND HOUSE Sold Prices

Land registry data shows three sales for POUND HOUSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Somerset local authority area for the corresponding sale date. All of the three POUND HOUSE 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
2022 29 APR	£737,500	£442,786	67% above HPI
2006 10 OCT	£370,000	£286,937	29% above HPI
2002 18 JUL	£245,000	£188,476	30% above HPI

POUND HOUSE 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 three POUND HOUSE sales between July 2002 and April 2022 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 October 2006 sale was for 29% above the HPI. So the extrapolation line tracks at 29% above the HPI over time, until the April 2022 sale, where it rises to 67% above the HPI. The line then continues to track at 67% above the HPI.

What might POUND HOUSE be worth now?

POUND HOUSE might now be worth an estimated £766,886.

This is based on house price inflation of 4%, between April 2022 and February 2025, for detached houses, in the Somerset local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 4% inflationary increase is applied to the most recent sale price for POUND HOUSE of £737,500 on 29th April 2022. For the value to have increased from £737,500 to £766,886 over the three years and two months to February 2025, the following assumptions must hold true:

• The value of POUND HOUSE has moved in line with the HPI for detached houses in the Somerset local authority area.
• The April 2022 sale price of £737,500 represented a fair market value for the property.
• The size, condition, and specification of POUND HOUSE has not materially changed since April 2022.

How Large is POUND HOUSE?

POUND HOUSE is 234m², which includes three extensions, according to the EPC inspection conducted in May 2014. This puts it in the largest 10% of detached houses houses in Oxenpill, based on EPC data. The below chart shows the distribution of detached houses houses by size in Oxenpill, and where POUND HOUSE lies on this distribution: 98% of detached houses houses are smaller than POUND HOUSE, and 2% of houses are larger. Note that EPC data is not available for all properties in Oxenpill.

POUND HOUSE: Plot and Title Map

POUND HOUSE sits on a plot of roughly 0.167 of an acre, or 675m². The below map shows the location of POUND HOUSE, 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 POUND HOUSE). 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 POUND HOUSE?

POUND HOUSE is located on MEAREWAY in MEARE, in the BA6 postcode district. The below map shows the position of POUND HOUSE on MEAREWAY.