STEPS FARM, CHURCH LANE, MEARE, GLASTONBURY, BA6 9SL - £415,000

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

STEPS FARM is a very large extended detached house of 216m², built sometime before 1900. It was last sold for £415,000 in September 2009, which was around 58% above the average September 2009 detached price in the Somerset local authority area. The most recent EPC inspection was July 2013, where the current energy rating was D, and the potential energy rating was B.

STEPS FARM Sold Prices

Land registry data shows two sales for STEPS FARM since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Somerset local authority area for the corresponding sale date. Both of the two STEPS FARM 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
2009 18 SEP	£415,000	£262,836	58% above HPI
2001 31 JUL	£190,000	£151,039	26% above HPI

STEPS FARM 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 two STEPS FARM sales from July 2001 and September 2009 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 July 2001 sale was for 26% above the HPI. So the extrapolation line tracks at 26% above the HPI over time, until the September 2009 sale, where it rises to 58% above the HPI. The line then continues to track at 58% above the HPI.

How Large is STEPS FARM?

STEPS FARM is 216m², which includes two extensions, according to the EPC inspection conducted in July 2013. This puts it in the largest 20% of detached houses in Meare, based on EPC data. The below chart shows the distribution of detached houses by size in Meare, and where STEPS FARM lies on this distribution: 83% of detached houses are smaller than STEPS FARM, and 17% of houses are larger. Note that EPC data is not available for all properties in Meare.

STEPS FARM: Plot and Title Map

STEPS FARM sits on a plot of roughly 0.270 of an acre, or 1,094m². The below map shows the location of STEPS FARM, 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 STEPS FARM). 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 STEPS FARM?

STEPS FARM is located on CHURCH LANE in MEARE, in the BA6 postcode district. The below map shows the position of STEPS FARM on CHURCH LANE.