SPRINGFIELD HOUSE, CHURCH STREET, MERRIOTT, TA16 5PR - £750,000

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

SPRINGFIELD HOUSE is a very large extended detached house of 301m², built sometime between 1996 and 2002, which could now be worth an estimated £866,737. It was last sold for £750,000 in July 2021, which was around 89% above the average July 2021 detached price in the Somerset local authority area. The most recent EPC inspection was June 2013, where the current energy rating was C, and the potential energy rating was C.

SPRINGFIELD HOUSE Sold Prices

Land registry data shows three sales for SPRINGFIELD 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. Two of the three SPRINGFIELD HOUSE sales were for above the average price, whilst one was 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
2021 16 JUL	£750,000	£396,223	89% above HPI
2006 22 NOV	£355,000	£286,488	24% above HPI
1996 19 JAN	£70,000	£84,327	17% below HPI

SPRINGFIELD 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 SPRINGFIELD HOUSE sales between January 1996 and July 2021 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 2006 sale was for 24% above the HPI. So the extrapolation line tracks at 24% above the HPI over time, until the July 2021 sale, where it rises to 89% above the HPI. The line then continues to track at 89% above the HPI.

What might SPRINGFIELD HOUSE be worth now?

SPRINGFIELD HOUSE might now be worth an estimated £866,737.

This is based on house price inflation of 15.6%, between July 2021 and December 2024, for detached houses, in the Somerset local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 15.6% inflationary increase is applied to the most recent sale price for SPRINGFIELD HOUSE of £750,000 on 16th July 2021. For the value to have increased from £750,000 to £866,737 over the two years and seven months to December 2024, the following assumptions must hold true:

• The value of SPRINGFIELD HOUSE has moved in line with the HPI for detached houses in the Somerset local authority area.
• The July 2021 sale price of £750,000 represented a fair market value for the property.
• The size, condition, and specification of SPRINGFIELD HOUSE has not materially changed since July 2021.

How Large is SPRINGFIELD HOUSE?

SPRINGFIELD HOUSE is 301m², which includes two extensions, according to the EPC inspection conducted in June 2013. This puts it in the largest 10% of detached houses houses in Merriott, based on EPC data. The below chart shows the distribution of detached houses houses by size in Merriott, and where SPRINGFIELD HOUSE lies on this distribution: More than 99% of detached houses houses are smaller than SPRINGFIELD HOUSE, and less than 1% of houses are larger. Note that EPC data is not available for all properties in Merriott.

SPRINGFIELD HOUSE: Plot and Title Map

SPRINGFIELD HOUSE sits on a plot of roughly 0.346 of an acre, or 1,402m². The below map shows the location of SPRINGFIELD 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 SPRINGFIELD 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 SPRINGFIELD HOUSE?

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