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

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

WILD THYME is a very small detached house of 79m², built sometime between 2003 and 2006, which could now be worth an estimated £353,548. It was last sold for £295,000 in June 2018, which was around 32% 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	£433,652	32% below HPI
2009 5 MAY	£185,150	£285,597	35% below HPI
1999 3 NOV	£119,950	£158,956	25% below HPI
1998 30 OCT	£120,000	£137,039	12% 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 35% below the HPI. So the extrapolation line tracks at 35% below the HPI over time, until the June 2018 sale, where it rises to 32% below the HPI. The line then continues to track at 32% below the HPI.

What might WILD THYME be worth now?

WILD THYME might now be worth an estimated £353,548.

This is based on house price inflation of 19.8%, between June 2018 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 19.8% inflationary increase is applied to the most recent sale price for WILD THYME of £295,000 on 29th June 2018. For the value to have increased from £295,000 to £353,548 over the five years and six months to December 2024, the following assumptions must hold true:

• The value of WILD THYME has moved in line with the HPI for detached houses in the Wiltshire local authority area.
• The June 2018 sale price of £295,000 represented a fair market value for the property.
• The size, condition, and specification of WILD THYME has not materially changed since June 2018.

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 houses in Mere, based on EPC data. The below chart shows the distribution of detached houses houses by size in Mere, and where WILD THYME lies on this distribution: 14% of detached houses 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.