WILD THYME, WATER STREET, MERE, WARMINSTER, BA12 6DY - £295,000

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

WILD THYME is a very small detached house of 79m², built sometime between 2003 and 2006. It was last sold for £295,000 in June 2018, which was around 30% below the average June 2018 detached price in the Wiltshire local authority area. The most recent EPC inspection was July 2018, where the current energy rating was C, and the potential energy rating was B.

WILD THYME Sold Prices

Land registry data shows four sales for WILD THYME since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Wiltshire local authority area for the corresponding sale date. All of the four WILD THYME 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
2018 29 JUN	£295,000	£419,051	30% below HPI
2009 5 MAY	£185,150	£275,981	33% below HPI
1999 3 NOV	£119,950	£153,604	22% below HPI
1998 30 OCT	£120,000	£132,425	9% below HPI

WILD THYME 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 four WILD THYME sales between October 1998 and June 2018 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 2009 sale was for 33% below the HPI. So the extrapolation line tracks at 33% below the HPI over time, until the June 2018 sale, where it rises to 30% below the HPI. The line then continues to track at 30% below the HPI.

How Large is WILD THYME?

WILD THYME is 79m² according to the EPC inspection conducted in July 2018. This puts it in the smallest 20% of detached houses in Mere, based on EPC data. The below chart shows the distribution of detached houses by size in Mere, and where WILD THYME lies on this distribution: 14% of detached houses are smaller than WILD THYME, and 84% of houses are larger. Note that EPC data is not available for all properties in Mere.

WILD THYME: Plot and Title Map

WILD THYME sits on a plot of roughly 0.110 of an acre, or 447m². The below map shows the location of WILD THYME, 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 WILD THYME). 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 WILD THYME?

WILD THYME is located on WATER STREET in MERE, in the BA12 postcode district. The below map shows the position of WILD THYME on WATER STREET.