7, MERRYFIELD, MARK, HIGHBRIDGE, TA9 4NB - £340,000

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.

7 MERRYFIELD is a small semi-detached house of 85m², built sometime between 1976 and 1982, which could now be worth an estimated £335,409. It was last sold for £340,000 in October 2022, which was around 18% above the average October 2022 semi-detached price in the Somerset local authority area. The most recent EPC inspection was May 2022, where the current energy rating was F, and the potential energy rating was D.

7 MERRYFIELD Sold Prices

Land registry data shows four sales for 7 MERRYFIELD since 1^st January 1995. The below table shows the price paid for the four sales, along with the average semi-detached price in the Somerset local authority area for the corresponding sale date. two of the four 7 MERRYFIELD sales were for above the average price, and four 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
2022 24 OCT	£340,000	£288,766	18% above HPI
2005 26 SEP	£146,180	£164,966	11% below HPI
1997 25 APR	£64,000	£55,127	16% above HPI
1995 24 OCT	£45,500	£51,595	12% below HPI

7 MERRYFIELD Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Somerset local authority area over time, sourced from the HPI. The four 7 MERRYFIELD sales between October 1995 and October 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 September 2005 sale was for 11% below the HPI. So the extrapolation line tracks at 11% below the HPI over time, until the October 2022 sale, where it rises to 18% above the HPI. The line then continues to track at 18% above the HPI.

What might 7 MERRYFIELD be worth now?

7 MERRYFIELD might now be worth an estimated £335,409.

This is based on house price deflation of 1.4%, between October 2022 and April 2026, for semi-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 1.4% deflationary decrease is applied to the most recent sale price for 7 MERRYFIELD of £340,000 on 24th October 2022. For the value to have decreased from £340,000 to £335,409 over the four years and six months to April 2026, the following assumptions must hold true:

• The value of 7 MERRYFIELD has moved in line with the HPI for semi-detached houses in the Somerset local authority area.
• The October 2022 sale price of £340,000 represented a fair market value for the property.
• The size, condition, and specification of 7 MERRYFIELD has not materially changed since October 2022.

How Large is 7 MERRYFIELD?

7 MERRYFIELD is 85m² according to the EPC inspection conducted in May 2022. This puts it in the smallest 30% of semi-detached houses houses in Mark, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Mark, and where 7 MERRYFIELD lies on this distribution: 24% of semi-detached houses houses are smaller than 7 MERRYFIELD, and 74% of houses are larger. Note that EPC data is not available for all properties in Mark.

7 MERRYFIELD: Plot and Title Map

7 MERRYFIELD sits on a plot of roughly 0.119 of an acre, or 480m². The below map shows the location of 7 MERRYFIELD, 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 7 MERRYFIELD). 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 7 MERRYFIELD?

7 MERRYFIELD is located in MARK, in the TA9 postcode district. The below map shows the position of No. 7 on MERRYFIELD.