THE SHOE, OLD HOLLOW, MERE, WARMINSTER, BA12 6EG - £365,000

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

THE SHOE is a small extended detached house of 99m², built sometime before 1900. It was last sold for £365,000 in May 2022, which was around 24% below the average May 2022 detached price in the Wiltshire local authority area. The most recent EPC inspection was June 2015, where the current energy rating was E, and the potential energy rating was B.

THE SHOE Sold Prices

Land registry data shows five sales for THE SHOE since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the Wiltshire local authority area for the corresponding sale date. All of the five THE SHOE 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
2022 23 MAY	£365,000	£480,570	24% below HPI
2016 14 MAR	£330,000	£377,269	13% below HPI
2012 8 JUN	£235,000	£313,157	25% below HPI
2007 30 AUG	£250,000	£332,302	25% below HPI
1998 30 SEP	£104,000	£134,001	22% below HPI

THE SHOE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Wiltshire local authority area over time, sourced from the HPI. The five THE SHOE sales between September 1998 and May 2022 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 2016 sale was for 13% below the HPI. So the extrapolation line tracks at 13% below the HPI over time, until the May 2022 sale, where it falls to 24% below the HPI. The line then continues to track at 24% below the HPI.

How Large is THE SHOE?

THE SHOE is 99m², which includes one extension, according to the EPC inspection conducted in June 2015. This puts it in the smallest 40% of detached houses in Mere, based on EPC data. The below chart shows the distribution of detached houses by size in Mere, and where THE SHOE lies on this distribution: 38% of detached houses are smaller than THE SHOE, and 61% of houses are larger. Note that EPC data is not available for all properties in Mere.

THE SHOE: Plot and Title Map

THE SHOE sits on a plot of roughly 0.139 of an acre, or 562m². The below map shows the location of THE SHOE, 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 SHOE). 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 SHOE?

THE SHOE is located on OLD HOLLOW in MERE, in the BA12 postcode district. The below map shows the position of THE SHOE on OLD HOLLOW.