SHUTESPRING, CHURCH STREET, MERRIOTT, TA16 5PR - £801,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

SHUTESPRING is a very large extended detached house of 192m², built sometime between 1950 and 1966. It was last sold for £801,000 in August 2023, which was around 81% above the average August 2023 detached price in the Somerset local authority area. The most recent EPC inspection was April 2023, where the current energy rating was C, and the potential energy rating was C.

SHUTESPRING Sold Prices

Land registry data shows three sales for SHUTESPRING 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 SHUTESPRING 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 15 AUG	£801,000	£443,670	81% above HPI
2013 26 MAR	£515,000	£271,005	90% above HPI
2008 27 AUG	£312,000	£280,933	11% above HPI

SHUTESPRING 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 SHUTESPRING sales between August 2008 and August 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 March 2013 sale was for 90% above the HPI. So the extrapolation line tracks at 90% above the HPI over time, until the August 2023 sale, where it falls to 81% above the HPI. The line then continues to track at 81% above the HPI.

How Large is SHUTESPRING?

SHUTESPRING is 192m², which includes one extension, according to the EPC inspection conducted in April 2023. This puts it in the largest 20% of detached houses in Merriott, based on EPC data. The below chart shows the distribution of detached houses by size in Merriott, and where SHUTESPRING lies on this distribution: 89% of detached houses are smaller than SHUTESPRING, and 11% of houses are larger. Note that EPC data is not available for all properties in Merriott.

SHUTESPRING: Plot and Title Map

SHUTESPRING sits on a plot of roughly 1.1 acres, or 4,515m². The below map shows the location of SHUTESPRING, 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 SHUTESPRING). 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 SHUTESPRING?

SHUTESPRING is located on CHURCH STREET in MERRIOTT, in the TA16 postcode district. The below map shows the position of SHUTESPRING on CHURCH STREET.