THE FARMHOUSE, NUT TREE FARM, LOWER STREET, MERRIOTT, TA16 5NG - £612,500

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

THE FARMHOUSE is a very large extended detached house of 271m², built sometime before 1900. It was last sold for £612,500 in May 2015, which was around 106% above the average May 2015 detached price in the Somerset local authority area. The most recent EPC inspection was July 2011, where the current energy rating was D, and the potential energy rating was D.

THE FARMHOUSE Sold Prices

Land registry data shows two sales for THE FARMHOUSE 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 THE FARMHOUSE 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
2015 11 MAY	£612,500	£297,166	106% above HPI
2012 29 MAY	£585,000	£266,636	119% above HPI

THE FARMHOUSE 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 THE FARMHOUSE sales from May 2012 and May 2015 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 May 2012 sale was for 119% above the HPI. So the extrapolation line tracks at 119% above the HPI over time, until the May 2015 sale, where it falls to 106% above the HPI. The line then continues to track at 106% above the HPI.

How Large is THE FARMHOUSE?

THE FARMHOUSE is 271m², which includes one extension, according to the EPC inspection conducted in July 2011. This puts it in the largest 10% of detached houses in Merriott, based on EPC data. The below chart shows the distribution of detached houses by size in Merriott, and where THE FARMHOUSE lies on this distribution: 98% of detached houses are smaller than THE FARMHOUSE, and 2% of houses are larger. Note that EPC data is not available for all properties in Merriott.

THE FARMHOUSE: Plot and Title Map

THE FARMHOUSE sits on a plot of roughly 0.162 of an acre, or 654m². The below map shows the location of THE FARMHOUSE, 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 THE FARMHOUSE). 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 THE FARMHOUSE?

THE FARMHOUSE, NUT TREE FARM is located on LOWER STREET in MERRIOTT, in the TA16 postcode district. The below map shows the position of THE FARMHOUSE, NUT TREE FARM on LOWER STREET.