4, LOVAGE WAY, MERE, WARMINSTER, BA12 6RU - £475,000

4 LOVAGE WAY is a large detached house of 148m², built sometime between 1996 and 2002. It was last sold for £475,000 in December 2022, which was around 9% below the average December 2022 detached price in the Wiltshire local authority area. The most recent EPC inspection was May 2022, where the current energy rating was C, and the potential energy rating was B.

4 LOVAGE WAY Sold Prices

Land registry data shows four sales for 4 LOVAGE WAY since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Wiltshire local authority area for the corresponding sale date. two of the four 4 LOVAGE WAY sales were for below the average price, and four 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
2022 16 DEC	£475,000	£524,234	9% below HPI
2010 5 FEB	£265,000	£305,988	13% below HPI
2003 14 APR	£260,000	£251,300	3% above HPI
2001 28 JUN	£205,000	£190,413	8% above HPI

4 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 four 4 LOVAGE WAY sales between June 2001 and December 2022 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 February 2010 sale was for 13% below the HPI. So the extrapolation line tracks at 13% below the HPI over time, until the December 2022 sale, where it rises to 9% below the HPI. The line then continues to track at 9% below the HPI.

How Large is 4 LOVAGE WAY?

4 LOVAGE WAY is 148m² according to the EPC inspection conducted in May 2022. 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 4 LOVAGE WAY lies on this distribution: 73% of detached houses are smaller than 4 LOVAGE WAY, and 27% of houses are larger. Note that EPC data is not available for all properties in Mere.

4 LOVAGE WAY: Plot and Title Map

4 LOVAGE WAY sits on a plot of roughly 0.099 of an acre, or 399m². The below map shows the location of 4 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 4 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 4 LOVAGE WAY?

4 LOVAGE WAY is located in MERE, in the BA12 postcode district. The below map shows the position of No. 4 on LOVAGE WAY.