THE STABLES, BRAMLEY HILL, MERE, WARMINSTER, BA12 6JX - £325,000

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

THE STABLES is a large detached house of 139m², built sometime before 1900, which could now be worth an estimated £388,348. It was last sold for £325,000 in February 2019, which was around 25% below the average February 2019 detached price in the Wiltshire local authority area. The most recent EPC inspection was August 2015, where the current energy rating was F, and the potential energy rating was C.

THE STABLES Sold Prices

Land registry data shows three sales for THE STABLES since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Wiltshire local authority area for the corresponding sale date. All of the three THE STABLES 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
2019 1 FEB	£325,000	£434,941	25% below HPI
2016 14 JUL	£280,000	£396,609	29% below HPI
2001 30 APR	£149,950	£190,855	21% below HPI

THE STABLES 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 three THE STABLES sales between April 2001 and February 2019 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 2016 sale was for 29% below the HPI. So the extrapolation line tracks at 29% below the HPI over time, until the February 2019 sale, where it rises to 25% below the HPI. The line then continues to track at 25% below the HPI.

What might THE STABLES be worth now?

THE STABLES might now be worth an estimated £388,348.

This is based on house price inflation of 19.5%, between February 2019 and December 2024, for detached houses, in the Wiltshire local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 19.5% inflationary increase is applied to the most recent sale price for THE STABLES of £325,000 on 1st February 2019. For the value to have increased from £325,000 to £388,348 over the four years and two months to December 2024, the following assumptions must hold true:

• The value of THE STABLES has moved in line with the HPI for detached houses in the Wiltshire local authority area.
• The February 2019 sale price of £325,000 represented a fair market value for the property.
• The size, condition, and specification of THE STABLES has not materially changed since February 2019.

How Large is THE STABLES?

THE STABLES is 139m² according to the EPC inspection conducted in August 2015. This puts it in the largest 40% of detached houses houses in Mere, based on EPC data. The below chart shows the distribution of detached houses houses by size in Mere, and where THE STABLES lies on this distribution: 66% of detached houses houses are smaller than THE STABLES, and 33% of houses are larger. Note that EPC data is not available for all properties in Mere.

THE STABLES: Plot and Title Map

THE STABLES sits on a plot of roughly 0.094 of an acre, or 380m². The below map shows the location of THE STABLES, 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 STABLES). 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 STABLES?

THE STABLES is located on BRAMLEY HILL in MERE, in the BA12 postcode district. The below map shows the position of THE STABLES on BRAMLEY HILL.