69B, LOWER STREET, MERRIOTT, TA16 5NW - £280,000

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.

69B LOWER STREET is a very small terraced house of 73m², built sometime before 1900, which could now be worth an estimated £274,815. It was last sold for £280,000 in July 2022, which was around 21% above the average July 2022 terraced price in the Somerset local authority area. The most recent EPC inspection was August 2015, where the current energy rating was E, and the potential energy rating was B.

69B LOWER STREET Sold Prices

Land registry data shows four sales for 69B LOWER STREET since 1^st January 1995. The below table shows the price paid for the four sales, along with the average terraced price in the Somerset local authority area for the corresponding sale date. All of the four 69B LOWER STREET 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
2022 22 JUL	£280,000	£231,893	21% above HPI
2017 14 JUL	£210,000	£174,690	20% above HPI
2016 24 MAR	£200,000	£162,491	23% above HPI
1999 29 NOV	£89,950	£56,807	58% above HPI

69B LOWER STREET 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 four 69B LOWER STREET sales between November 1999 and July 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 July 2017 sale was for 20% above the HPI. So the extrapolation line tracks at 20% above the HPI over time, until the July 2022 sale, where it rises to 21% above the HPI. The line then continues to track at 21% above the HPI.

What might 69B LOWER STREET be worth now?

69B LOWER STREET might now be worth an estimated £274,815.

This is based on house price deflation of 1.9%, between July 2022 and July 2025, 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 1.9% deflationary decrease is applied to the most recent sale price for 69B LOWER STREET of £280,000 on 22nd July 2022. For the value to have decreased from £280,000 to £274,815 over the three years to July 2025, the following assumptions must hold true:

• The value of 69B LOWER STREET has moved in line with the HPI for terraced houses in the Somerset local authority area.
• The July 2022 sale price of £280,000 represented a fair market value for the property.
• The size, condition, and specification of 69B LOWER STREET has not materially changed since July 2022.

How Large is 69B LOWER STREET?

69B LOWER STREET is 73m² according to the EPC inspection conducted in August 2015. 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 69B LOWER STREET lies on this distribution: 5% of terraced houses houses are smaller than 69B LOWER STREET, and 95% of houses are larger. Note that EPC data is not available for all properties in Merriott.

69B LOWER STREET: Plot and Title Map

69B LOWER STREET sits on a plot of roughly 0.023 of an acre, or 92m². The below map shows the location of 69B LOWER STREET, 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 69B LOWER STREET). 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 69B LOWER STREET?

69B LOWER STREET is located in MERRIOTT, in the TA16 postcode district. The below map shows the position of No. 69B on LOWER STREET.