TRADOR, SPRINGFIELD ROAD, MERE, WARMINSTER, BA12 6EW - £325,000

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.

TRADOR is a very small extended semi-detached house of 65m², built sometime between 1967 and 1975, which could now be worth an estimated £347,953. It was last sold for £325,000 in May 2022, which was around 6% above the average May 2022 semi-detached price in the Wiltshire local authority area. The most recent EPC inspection was November 2021, where the current energy rating was C, and the potential energy rating was B.

TRADOR Sold Prices

Land registry data shows six sales for TRADOR since 1^st January 1995. The below table shows the price paid for the six sales, along with the average semi-detached price in the Wiltshire local authority area for the corresponding sale date. Most of the six TRADOR 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 27 MAY	£325,000	£307,168	6% above HPI
2015 26 NOV	£214,000	£232,859	8% below HPI
2011 23 JUN	£180,000	£193,598	7% below HPI
2006 27 OCT	£189,000	£201,504	6% below HPI
2005 23 MAR	£155,000	£179,933	14% below HPI
1998 31 JUL	£63,000	£77,235	18% below HPI

TRADOR Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Wiltshire local authority area over time, sourced from the HPI. The six TRADOR sales between July 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 November 2015 sale was for 8% below the HPI. So the extrapolation line tracks at 8% below the HPI over time, until the May 2022 sale, where it rises to 6% above the HPI. The line then continues to track at 6% above the HPI.

What might TRADOR be worth now?

TRADOR might now be worth an estimated £347,953.

This is based on house price inflation of 7.1%, between May 2022 and February 2025, for semi-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 7.1% inflationary increase is applied to the most recent sale price for TRADOR of £325,000 on 27th May 2022. For the value to have increased from £325,000 to £347,953 over the three years and three months to February 2025, the following assumptions must hold true:

• The value of TRADOR has moved in line with the HPI for semi-detached houses in the Wiltshire local authority area.
• The May 2022 sale price of £325,000 represented a fair market value for the property.
• The size, condition, and specification of TRADOR has not materially changed since May 2022.

How Large is TRADOR?

TRADOR is 65m², which includes one extension, according to the EPC inspection conducted in November 2021. This puts it in the smallest 10% of semi-detached houses houses in Mere, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Mere, and where TRADOR lies on this distribution: 4% of semi-detached houses houses are smaller than TRADOR, and 96% of houses are larger. Note that EPC data is not available for all properties in Mere.

TRADOR: Plot and Title Map

TRADOR sits on a plot of roughly 0.081 of an acre, or 328m². The below map shows the location of TRADOR, 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 TRADOR). 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 TRADOR?

TRADOR is located on SPRINGFIELD ROAD in MERE, in the BA12 postcode district. The below map shows the position of TRADOR on SPRINGFIELD ROAD.