WILLOW COTTAGE, MILL LANE, MERE, WARMINSTER, BA12 6DA - £585,000

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

WILLOW COTTAGE is a midsized extended detached house of 131m², built sometime before 1900. It was last sold for £585,000 in June 2014, which was around 82% above the average June 2014 detached price in the Wiltshire local authority area. The most recent EPC inspection was August 2022, where the current energy rating was E, and the potential energy rating was C.

WILLOW COTTAGE Sold Prices

Land registry data shows three sales for WILLOW 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. Two of the three WILLOW COTTAGE sales were for above the average price, whilst one was 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
2014 16 JUN	£585,000	£321,294	82% above HPI
2003 29 AUG	£440,000	£258,665	70% above HPI
1997 22 AUG	£105,000	£114,990	9% below HPI

WILLOW 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 WILLOW COTTAGE sales between August 1997 and June 2014 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 August 2003 sale was for 70% above the HPI. So the extrapolation line tracks at 70% above the HPI over time, until the June 2014 sale, where it rises to 82% above the HPI. The line then continues to track at 82% above the HPI.

How Large is WILLOW COTTAGE?

WILLOW COTTAGE is 131m², which includes one extension, according to the EPC inspection conducted in August 2022. This puts it in the largest 40% of detached houses in Mere, based on EPC data. The below chart shows the distribution of detached houses by size in Mere, and where WILLOW COTTAGE lies on this distribution: 60% of detached houses are smaller than WILLOW COTTAGE, and 39% of houses are larger. Note that EPC data is not available for all properties in Mere.

WILLOW COTTAGE: Plot and Title Map

WILLOW COTTAGE sits on a plot of roughly 0.241 of an acre, or 977m². The below map shows the location of WILLOW 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 WILLOW 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 WILLOW COTTAGE?

WILLOW COTTAGE is located on MILL LANE in MERE, in the BA12 postcode district. The below map shows the position of WILLOW COTTAGE on MILL LANE.