15, MANOR DRIVE, MERRIOTT, TA16 5PB - £215,000

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.

15 MANOR DRIVE is a very small terraced house of 68m², built sometime between 1950 and 1966, which could now be worth an estimated £276,265. It was last sold for £215,000 in June 2018, which was around 19% above the average June 2018 terraced price in the Somerset local authority area. The most recent EPC inspection was February 2011, where the current energy rating was C, and the potential energy rating was C.

15 MANOR DRIVE Sold Prices

Land registry data shows three sales for 15 MANOR DRIVE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average terraced price in the Somerset local authority area for the corresponding sale date. All of the three 15 MANOR DRIVE sales were for above 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	£215,000	£180,886	19% above HPI
2015 29 JUL	£187,000	£157,476	19% above HPI
2011 19 DEC	£147,500	£140,723	5% above HPI

15 MANOR DRIVE Price Paid vs. HPI Average

The below graph shows the average terraced house price in the Somerset local authority area over time, sourced from the HPI. The three 15 MANOR DRIVE sales between December 2011 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 July 2015 sale was for 19% above the HPI. So the extrapolation line tracks at 19% above the HPI over time, until the June 2018 sale, which was also at 19% above the HPI.

What might 15 MANOR DRIVE be worth now?

15 MANOR DRIVE might now be worth an estimated £276,265.

This is based on house price inflation of 28.5%, between June 2018 and May 2026, for terraced houses, in the Somerset local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 28.5% inflationary increase is applied to the most recent sale price for 15 MANOR DRIVE of £215,000 on 29th June 2018. For the value to have increased from £215,000 to £276,265 over the eight years and one month to May 2026, the following assumptions must hold true:

• The value of 15 MANOR DRIVE has moved in line with the HPI for terraced houses in the Somerset local authority area.
• The June 2018 sale price of £215,000 represented a fair market value for the property.
• The size, condition, and specification of 15 MANOR DRIVE has not materially changed since June 2018.

How Large is 15 MANOR DRIVE?

15 MANOR DRIVE is 68m² according to the EPC inspection conducted in February 2011. This puts it in the smallest 10% of terraced houses houses in Merriott, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Merriott, and where 15 MANOR DRIVE lies on this distribution: Less than 1% of terraced houses houses are smaller than 15 MANOR DRIVE, and more than 99% of houses are larger. Note that EPC data is not available for all properties in Merriott.

15 MANOR DRIVE: Plot and Title Map

15 MANOR DRIVE sits on a plot of roughly 0.065 of an acre, or 264m². The below map shows the location of 15 MANOR DRIVE, 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 15 MANOR DRIVE). 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 15 MANOR DRIVE?

15 MANOR DRIVE is located in MERRIOTT, in the TA16 postcode district. The below map shows the position of No. 15 on MANOR DRIVE.