3, OAK LANE, MERE, WARMINSTER, BA12 6FJ - £455,000

3 OAK LANE is a large detached house of 145m², built sometime between 2003 and 2006. It was last sold for £455,000 in April 2017, which was around 15% above the average April 2017 detached price in the Wiltshire local authority area. The most recent EPC inspection was July 2015, where the current energy rating was C, and the potential energy rating was B.

3 OAK LANE Sold Prices

Land registry data shows two sales for 3 OAK LANE 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 3 OAK LANE 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
2017 20 APR	£455,000	£394,213	15% above HPI
2007 6 JUN	£355,000	£320,043	11% above HPI

3 OAK LANE 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 3 OAK LANE sales from June 2007 and April 2017 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 2007 sale was for 11% above the HPI. So the extrapolation line tracks at 11% above the HPI over time, until the April 2017 sale, where it rises to 15% above the HPI. The line then continues to track at 15% above the HPI.

How Large is 3 OAK LANE?

3 OAK LANE is 145m² according to the EPC inspection conducted in July 2015. This puts it in the largest 30% of detached houses in Mere, based on EPC data. The below chart shows the distribution of detached houses by size in Mere, and where 3 OAK LANE lies on this distribution: 71% of detached houses are smaller than 3 OAK LANE, and 29% of houses are larger. Note that EPC data is not available for all properties in Mere.

3 OAK LANE: Plot and Title Map

3 OAK LANE sits on a plot of roughly 0.060 of an acre, or 242m². The below map shows the location of 3 OAK LANE, 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 3 OAK LANE). 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 3 OAK LANE?

3 OAK LANE is located in MERE, in the BA12 postcode district. The below map shows the position of No. 3 on OAK LANE.