25, GREYS ROAD, MERRIOTT, TA16 5PD - £289,000

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.

25 GREYS ROAD is a midsized detached house of 117m², built sometime between 1976 and 1982, which could now be worth an estimated £435,737. It was last sold for £289,000 in April 2015, which was around 5% below the average April 2015 detached price in the Somerset local authority area. The most recent EPC inspection was April 2014, where the current energy rating was D, and the potential energy rating was B.

25 GREYS ROAD Sold Prices

Land registry data shows two sales for 25 GREYS ROAD since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Somerset local authority area for the corresponding sale date. Both of the two 25 GREYS ROAD 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
2015 15 APR	£289,000	£303,983	5% below HPI
2009 25 JUN	£175,000	£256,194	32% below HPI

25 GREYS ROAD Price Paid vs. HPI Average

The below graph shows the average detached house price in the Somerset local authority area over time, sourced from the HPI. The two 25 GREYS ROAD sales from June 2009 and April 2015 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 June 2009 sale was for 32% below the HPI. So the extrapolation line tracks at 32% below the HPI over time, until the April 2015 sale, where it rises to 5% below the HPI. The line then continues to track at 5% below the HPI.

What might 25 GREYS ROAD be worth now?

25 GREYS ROAD might now be worth an estimated £435,737.

This is based on house price inflation of 50.8%, between April 2015 and May 2026, for detached 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 50.8% inflationary increase is applied to the most recent sale price for 25 GREYS ROAD of £289,000 on 15th April 2015. For the value to have increased from £289,000 to £435,737 over the ten years and eleven months to May 2026, the following assumptions must hold true:

• The value of 25 GREYS ROAD has moved in line with the HPI for detached houses in the Somerset local authority area.
• The April 2015 sale price of £289,000 represented a fair market value for the property.
• The size, condition, and specification of 25 GREYS ROAD has not materially changed since April 2015.

How Large is 25 GREYS ROAD?

25 GREYS ROAD is 117m² according to the EPC inspection conducted in April 2014. This puts it in the largest 50% of detached houses houses in Merriott, based on EPC data. The below chart shows the distribution of detached houses houses by size in Merriott, and where 25 GREYS ROAD lies on this distribution: 50% of detached houses houses are smaller than 25 GREYS ROAD, and 48% of houses are larger. Note that EPC data is not available for all properties in Merriott.

25 GREYS ROAD: Plot and Title Map

25 GREYS ROAD sits on a plot of roughly 0.092 of an acre, or 373m². The below map shows the location of 25 GREYS ROAD, 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 25 GREYS ROAD). 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 25 GREYS ROAD?

25 GREYS ROAD is located in MERRIOTT, in the TA16 postcode district. The below map shows the position of No. 25 on GREYS ROAD.