5, MERRYFIELD ROAD, LOCKING, WESTON-SUPER-MARE, BS24 7DN - £209,500

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.

5 MERRYFIELD ROAD is a midsized extended terraced house of 104m², built sometime between 1967 and 1975, which could now be worth an estimated £267,966. It was last sold for £209,500 in December 2018, which was around 2% below the average December 2018 terraced price in the North Somerset local authority area. The most recent EPC inspection was May 2015, where the current energy rating was C, and the potential energy rating was B.

5 MERRYFIELD ROAD Sold Prices

Land registry data shows four sales for 5 MERRYFIELD ROAD since 1^st January 1995. The below table shows the price paid for the four sales, along with the average terraced price in the North Somerset local authority area for the corresponding sale date. two of the four 5 MERRYFIELD ROAD 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
2018 20 DEC	£209,500	£212,789	2% below HPI
2016 11 MAR	£166,500	£184,537	10% below HPI
2002 26 APR	£84,950	£84,247	1% above HPI
2001 22 JUN	£76,950	£75,767	2% above HPI

5 MERRYFIELD ROAD Price Paid vs. HPI Average

The below graph shows the average terraced house price in the North Somerset local authority area over time, sourced from the HPI. The four 5 MERRYFIELD ROAD sales between June 2001 and December 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 March 2016 sale was for 10% below the HPI. So the extrapolation line tracks at 10% below the HPI over time, until the December 2018 sale, where it rises to 2% below the HPI. The line then continues to track at 2% below the HPI.

What might 5 MERRYFIELD ROAD be worth now?

5 MERRYFIELD ROAD might now be worth an estimated £267,966.

This is based on house price inflation of 27.9%, between December 2018 and April 2026, for terraced houses, in the North Somerset local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 27.9% inflationary increase is applied to the most recent sale price for 5 MERRYFIELD ROAD of £209,500 on 20th December 2018. For the value to have increased from £209,500 to £267,966 over the eight years and eight months to April 2026, the following assumptions must hold true:

• The value of 5 MERRYFIELD ROAD has moved in line with the HPI for terraced houses in the North Somerset local authority area.
• The December 2018 sale price of £209,500 represented a fair market value for the property.
• The size, condition, and specification of 5 MERRYFIELD ROAD has not materially changed since December 2018.

How Large is 5 MERRYFIELD ROAD?

5 MERRYFIELD ROAD is 104m², which includes one extension, according to the EPC inspection conducted in May 2015. This puts it in the smallest 50% of terraced houses houses in Locking, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Locking, and where 5 MERRYFIELD ROAD lies on this distribution: 43% of terraced houses houses are smaller than 5 MERRYFIELD ROAD, and 57% of houses are larger. Note that EPC data is not available for all properties in Locking.

5 MERRYFIELD ROAD: Plot and Title Map

5 MERRYFIELD ROAD sits on a plot of roughly 0.051 of an acre, or 205m². The below map shows the location of 5 MERRYFIELD 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 5 MERRYFIELD 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 5 MERRYFIELD ROAD?

5 MERRYFIELD ROAD is located in LOCKING, in the BS24 postcode district. The below map shows the position of No. 5 on MERRYFIELD ROAD.