1, WATER STREET, MERE, WARMINSTER, BA12 6DZ - £350,000

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.

1 WATER STREET is a very small extended terraced house of 55m², built sometime between 1900 and 1929, which could now be worth an estimated £356,996. It was last sold for £350,000 in May 2023, which was around 38% above the average May 2023 terraced price in the Wiltshire local authority area. The most recent EPC inspection was September 2022, where the current energy rating was D, and the potential energy rating was B.

1 WATER STREET Sold Prices

Land registry data shows four sales for 1 WATER STREET since 1^st January 1995. The below table shows the price paid for the four sales, along with the average terraced price in the Wiltshire local authority area for the corresponding sale date. two of the four 1 WATER STREET sales were for above the average price, and four 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
2023 31 MAY	£350,000	£254,294	38% above HPI
2021 3 OCT	£230,000	£236,873	3% below HPI
1999 18 OCT	£75,000	£71,909	4% above HPI
1999 29 JAN	£50,000	£62,834	20% below HPI

1 WATER STREET Price Paid vs. HPI Average

The below graph shows the average terraced house price in the Wiltshire local authority area over time, sourced from the HPI. The four 1 WATER STREET sales between January 1999 and May 2023 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 October 2021 sale was for 3% below the HPI. So the extrapolation line tracks at 3% below the HPI over time, until the May 2023 sale, where it rises to 38% above the HPI. The line then continues to track at 38% above the HPI.

What might 1 WATER STREET be worth now?

1 WATER STREET might now be worth an estimated £356,996.

This is based on house price inflation of 2%, between May 2023 and July 2025, for terraced 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 2% inflationary increase is applied to the most recent sale price for 1 WATER STREET of £350,000 on 31st May 2023. For the value to have increased from £350,000 to £356,996 over the one year and ten months to July 2025, the following assumptions must hold true:

• The value of 1 WATER STREET has moved in line with the HPI for terraced houses in the Wiltshire local authority area.
• The May 2023 sale price of £350,000 represented a fair market value for the property.
• The size, condition, and specification of 1 WATER STREET has not materially changed since May 2023.

How Large is 1 WATER STREET?

1 WATER STREET is 55m², which includes one extension, according to the EPC inspection conducted in September 2022. This puts it in the smallest 10% of terraced houses houses in Mere, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Mere, and where 1 WATER STREET lies on this distribution: 2% of terraced houses houses are smaller than 1 WATER STREET, and 98% of houses are larger. Note that EPC data is not available for all properties in Mere.

1 WATER STREET: Plot and Title Map

1 WATER STREET sits on a plot of roughly 0.008 of an acre, or 33m². The below map shows the location of 1 WATER STREET, 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 1 WATER STREET). 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 1 WATER STREET?

1 WATER STREET is located in MERE, in the BA12 postcode district. The below map shows the position of No. 1 on WATER STREET.