14, LOVAGE WAY, MERE, WARMINSTER, BA12 6RU - £335,000

14 LOVAGE WAY is a large detached house of 132m², built sometime between 1996 and 2002. It was last sold for £335,000 in May 2019, which was around 18% below the average May 2019 detached price in the Wiltshire local authority area. The most recent EPC inspection was March 2016, where the current energy rating was D, and the potential energy rating was C.

14 LOVAGE WAY Sold Prices

Land registry data shows two sales for 14 LOVAGE WAY since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Wiltshire local authority area for the corresponding sale date. Both of the two 14 LOVAGE WAY 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
2019 13 MAY	£335,000	£409,269	18% below HPI
2001 31 OCT	£180,000	£202,906	11% below HPI

14 LOVAGE WAY 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 two 14 LOVAGE WAY sales from October 2001 and May 2019 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 2001 sale was for 11% below the HPI. So the extrapolation line tracks at 11% below the HPI over time, until the May 2019 sale, where it falls to 18% below the HPI. The line then continues to track at 18% below the HPI.

How Large is 14 LOVAGE WAY?

14 LOVAGE WAY is 132m² according to the EPC inspection conducted in March 2016. 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 14 LOVAGE WAY lies on this distribution: 62% of detached houses are smaller than 14 LOVAGE WAY, and 37% of houses are larger. Note that EPC data is not available for all properties in Mere.

14 LOVAGE WAY: Plot and Title Map

14 LOVAGE WAY sits on a plot of roughly 0.087 of an acre, or 353m². The below map shows the location of 14 LOVAGE WAY, 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 14 LOVAGE WAY). 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 14 LOVAGE WAY?

14 LOVAGE WAY is located in MERE, in the BA12 postcode district. The below map shows the position of No. 14 on LOVAGE WAY.