TIMBERN COTTAGE, SHAFTESBURY ROAD, MERE, WARMINSTER, BA12 6BH - £288,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

TIMBERN COTTAGE is a midsized detached house of 117m², built sometime from 2007 onwards, which could now be worth an estimated £460,242. It was last sold for £288,000 in November 2011, which was around 11% below the average November 2011 detached price in the Wiltshire local authority area. The most recent EPC inspection was February 2010, where the current energy rating was C, and the potential energy rating was B.

TIMBERN COTTAGE Sold Prices

Land registry data shows three sales for TIMBERN COTTAGE 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 TIMBERN COTTAGE 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
2011 21 NOV	£288,000	£325,255	11% below HPI
2009 26 JUN	£261,500	£285,531	8% below HPI
2005 31 AUG	£215,000	£297,546	28% below HPI

TIMBERN COTTAGE 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 TIMBERN COTTAGE sales between August 2005 and November 2011 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 June 2009 sale was for 8% below the HPI. So the extrapolation line tracks at 8% below the HPI over time, until the November 2011 sale, where it falls to 11% below the HPI. The line then continues to track at 11% below the HPI.

What might TIMBERN COTTAGE be worth now?

TIMBERN COTTAGE might now be worth an estimated £460,242.

This is based on house price inflation of 59.8%, between November 2011 and February 2025, 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 59.8% inflationary increase is applied to the most recent sale price for TIMBERN COTTAGE of £288,000 on 21st November 2011. For the value to have increased from £288,000 to £460,242 over the fourteen years and nine months to February 2025, the following assumptions must hold true:

• The value of TIMBERN COTTAGE has moved in line with the HPI for detached houses in the Wiltshire local authority area.
• The November 2011 sale price of £288,000 represented a fair market value for the property.
• The size, condition, and specification of TIMBERN COTTAGE has not materially changed since November 2011.

How Large is TIMBERN COTTAGE?

TIMBERN COTTAGE is 117m² according to the EPC inspection conducted in February 2010. This puts it in the largest 50% 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 TIMBERN COTTAGE lies on this distribution: 53% of detached houses houses are smaller than TIMBERN COTTAGE, and 47% of houses are larger. Note that EPC data is not available for all properties in Mere.

TIMBERN COTTAGE: Plot and Title Map

TIMBERN COTTAGE sits on a plot of roughly 0.065 of an acre, or 264m². The below map shows the location of TIMBERN COTTAGE, 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 TIMBERN COTTAGE). 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 TIMBERN COTTAGE?

TIMBERN COTTAGE is located on SHAFTESBURY ROAD in MERE, in the BA12 postcode district. The below map shows the position of TIMBERN COTTAGE on SHAFTESBURY ROAD.