ROSEVENE, MEAREWAY, MEARE, GLASTONBURY, BA6 9TY - £257,500

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

ROSEVENE is a very small detached house of 84m², built sometime between 1967 and 1975. It was last sold for £257,500 in May 2019, which was around 27% below the average May 2019 detached price in the Somerset local authority area. The most recent EPC inspection was February 2017, where the current energy rating was D, and the potential energy rating was B.

ROSEVENE Sold Prices

Land registry data shows three sales for ROSEVENE 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 ROSEVENE 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
2019 3 MAY	£257,500	£352,895	27% below HPI
1997 25 SEP	£72,500	£96,313	25% below HPI
1996 8 FEB	£58,000	£82,030	29% below HPI

ROSEVENE 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 ROSEVENE sales between February 1996 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 September 1997 sale was for 25% below the HPI. So the extrapolation line tracks at 25% below the HPI over time, until the May 2019 sale, where it falls to 27% below the HPI. The line then continues to track at 27% below the HPI.

How Large is ROSEVENE?

ROSEVENE is 84m² according to the EPC inspection conducted in February 2017. This puts it in the smallest 20% of detached houses in Oxenpill, based on EPC data. The below chart shows the distribution of detached houses by size in Oxenpill, and where ROSEVENE lies on this distribution: 16% of detached houses are smaller than ROSEVENE, and 83% of houses are larger. Note that EPC data is not available for all properties in Oxenpill.

ROSEVENE: Plot and Title Map

ROSEVENE sits on a plot of roughly 0.111 of an acre, or 450m². The below map shows the location of ROSEVENE, 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 ROSEVENE). 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 ROSEVENE?

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