RIVERMEAD, PETTRIDGE LANE, MERE, WARMINSTER, BA12 6DG - £545,000

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

RIVERMEAD is a very large detached house of 184m², built sometime between 1950 and 1966, which could now be worth an estimated £668,778. It was last sold for £545,000 in May 2019, which was around 29% above the average May 2019 detached price in the Wiltshire local authority area. The most recent EPC inspection was November 2014, where the current energy rating was D, and the potential energy rating was C.

RIVERMEAD Sold Prices

Land registry data shows two sales for RIVERMEAD 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 RIVERMEAD 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
2019 13 MAY	£545,000	£423,528	29% above HPI
1995 31 MAR	£134,000	£103,077	30% above HPI

RIVERMEAD 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 RIVERMEAD sales from March 1995 and May 2019 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 March 1995 sale was for 30% above the HPI. So the extrapolation line tracks at 30% above the HPI over time, until the May 2019 sale, where it falls to 29% above the HPI. The line then continues to track at 29% above the HPI.

What might RIVERMEAD be worth now?

RIVERMEAD might now be worth an estimated £668,778.

This is based on house price inflation of 22.7%, between May 2019 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 22.7% inflationary increase is applied to the most recent sale price for RIVERMEAD of £545,000 on 13th May 2019. For the value to have increased from £545,000 to £668,778 over the four years and five months to December 2024, the following assumptions must hold true:

• The value of RIVERMEAD has moved in line with the HPI for detached houses in the Wiltshire local authority area.
• The May 2019 sale price of £545,000 represented a fair market value for the property.
• The size, condition, and specification of RIVERMEAD has not materially changed since May 2019.

How Large is RIVERMEAD?

RIVERMEAD is 184m² according to the EPC inspection conducted in November 2014. This puts it in the largest 20% 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 RIVERMEAD lies on this distribution: 89% of detached houses houses are smaller than RIVERMEAD, and 11% of houses are larger. Note that EPC data is not available for all properties in Mere.

RIVERMEAD: Plot and Title Map

RIVERMEAD sits on a plot of roughly 0.268 of an acre, or 1,086m². The below map shows the location of RIVERMEAD, 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 RIVERMEAD). 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 RIVERMEAD?

RIVERMEAD is located on PETTRIDGE LANE in MERE, in the BA12 postcode district. The below map shows the position of RIVERMEAD on PETTRIDGE LANE.