RIVER HOUSE, PORTERS HATCH, MEARE, GLASTONBURY, BA6 9SW - £869,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

RIVER HOUSE is a large extended detached house of 193m², built sometime before 1900. It was last sold for £869,000 in September 2023, which was around 95% above the average September 2023 detached price in the Somerset local authority area. The most recent EPC inspection was January 2023, where the current energy rating was E, and the potential energy rating was C.

RIVER HOUSE Sold Prices

Land registry data shows three sales for RIVER 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 RIVER 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
2023 18 SEP	£869,000	£446,388	95% above HPI
2017 24 FEB	£541,000	£329,880	64% above HPI
2009 17 DEC	£448,000	£265,584	69% above HPI

RIVER 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 RIVER HOUSE sales between December 2009 and September 2023 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 February 2017 sale was for 64% above the HPI. So the extrapolation line tracks at 64% above the HPI over time, until the September 2023 sale, where it rises to 95% above the HPI. The line then continues to track at 95% above the HPI.

How Large is RIVER HOUSE?

RIVER HOUSE is 193m², which includes two extensions, according to the EPC inspection conducted in January 2023. This puts it in the largest 30% of detached houses in Meare, based on EPC data. The below chart shows the distribution of detached houses by size in Meare, and where RIVER HOUSE lies on this distribution: 75% of detached houses are smaller than RIVER HOUSE, and 25% of houses are larger. Note that EPC data is not available for all properties in Meare.

RIVER HOUSE: Plot and Title Map

RIVER HOUSE sits on a plot of roughly 0.227 of an acre, or 920m². The below map shows the location of RIVER 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 RIVER 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 RIVER HOUSE?

RIVER HOUSE is located on PORTERS HATCH in MEARE, in the BA6 postcode district. The below map shows the position of RIVER HOUSE on PORTERS HATCH.