RIVER COTTAGE, THE LYNCH, MERE, WARMINSTER, BA12 6DQ - £262,500

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.

RIVER COTTAGE is a midsized detached house of 121m², built sometime before 1900, which could now be worth an estimated £352,894. It was last sold for £262,500 in February 2016, which was around 32% below the average February 2016 detached price in the Wiltshire local authority area. The most recent EPC inspection was October 2008, where the current energy rating was E, and the potential energy rating was E.

RIVER COTTAGE Sold Prices

Land registry data shows three sales for RIVER COTTAGE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Wiltshire local authority area for the corresponding sale date. All of the three RIVER 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
2016 26 FEB	£262,500	£386,637	32% below HPI
2002 5 NOV	£195,000	£247,155	21% below HPI
2001 11 MAY	£60,000	£193,912	69% below HPI

RIVER 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 three RIVER COTTAGE sales between May 2001 and February 2016 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 2002 sale was for 21% below the HPI. So the extrapolation line tracks at 21% below the HPI over time, until the February 2016 sale, where it falls to 32% below the HPI. The line then continues to track at 32% below the HPI.

What might RIVER COTTAGE be worth now?

RIVER COTTAGE might now be worth an estimated £352,894.

This is based on house price inflation of 34.4%, between February 2016 and February 2025, 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 34.4% inflationary increase is applied to the most recent sale price for RIVER COTTAGE of £262,500 on 26th February 2016. For the value to have increased from £262,500 to £352,894 over the nine years to February 2025, the following assumptions must hold true:

• The value of RIVER COTTAGE has moved in line with the HPI for detached houses in the Wiltshire local authority area.
• The February 2016 sale price of £262,500 represented a fair market value for the property.
• The size, condition, and specification of RIVER COTTAGE has not materially changed since February 2016.

How Large is RIVER COTTAGE?

RIVER COTTAGE is 121m² according to the EPC inspection conducted in October 2008. This puts it in the largest 50% 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 RIVER COTTAGE lies on this distribution: 56% of detached houses houses are smaller than RIVER COTTAGE, and 44% of houses are larger. Note that EPC data is not available for all properties in Mere.

RIVER COTTAGE: Plot and Title Map

RIVER COTTAGE sits on a plot of roughly 0.058 of an acre, or 235m². The below map shows the location of RIVER 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 RIVER 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 RIVER COTTAGE?

RIVER COTTAGE is located on THE LYNCH in MERE, in the BA12 postcode district. The below map shows the position of RIVER COTTAGE on THE LYNCH.