7, WALNUT ROAD, MERE, WARMINSTER, BA12 6FG - £281,500

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.

7 WALNUT ROAD is a large terraced house of 131m², built sometime between 2003 and 2006, which could now be worth an estimated £344,708. It was last sold for £281,500 in August 2019, which was around 31% above the average August 2019 terraced price in the Wiltshire local authority area. The most recent EPC inspection was July 2014, where the current energy rating was C, and the potential energy rating was B.

7 WALNUT ROAD Sold Prices

Land registry data shows three sales for 7 WALNUT ROAD since 1^st January 1995. The below table shows the price paid for the three sales, along with the average terraced price in the Wiltshire local authority area for the corresponding sale date. All of the three 7 WALNUT ROAD 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
2019 15 AUG	£281,500	£214,100	31% above HPI
2007 19 OCT	£250,000	£178,699	40% above HPI
2006 6 APR	£215,000	£155,481	38% above HPI

7 WALNUT ROAD Price Paid vs. HPI Average

The below graph shows the average terraced house price in the Wiltshire local authority area over time, sourced from the HPI. The three 7 WALNUT ROAD sales between April 2006 and August 2019 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 October 2007 sale was for 40% above the HPI. So the extrapolation line tracks at 40% above the HPI over time, until the August 2019 sale, where it falls to 31% above the HPI. The line then continues to track at 31% above the HPI.

What might 7 WALNUT ROAD be worth now?

7 WALNUT ROAD might now be worth an estimated £344,708.

This is based on house price inflation of 22.5%, between August 2019 and April 2026, for terraced houses, in the Wiltshire local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 22.5% inflationary increase is applied to the most recent sale price for 7 WALNUT ROAD of £281,500 on 15th August 2019. For the value to have increased from £281,500 to £344,708 over the seven years and four months to April 2026, the following assumptions must hold true:

• The value of 7 WALNUT ROAD has moved in line with the HPI for terraced houses in the Wiltshire local authority area.
• The August 2019 sale price of £281,500 represented a fair market value for the property.
• The size, condition, and specification of 7 WALNUT ROAD has not materially changed since August 2019.

How Large is 7 WALNUT ROAD?

7 WALNUT ROAD is 131m² according to the EPC inspection conducted in July 2014. This puts it in the largest 40% of terraced houses houses in Mere, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Mere, and where 7 WALNUT ROAD lies on this distribution: 61% of terraced houses houses are smaller than 7 WALNUT ROAD, and 38% of houses are larger. Note that EPC data is not available for all properties in Mere.

7 WALNUT ROAD: Plot and Title Map

7 WALNUT ROAD sits on a plot of roughly 0.044 of an acre, or 178m². The below map shows the location of 7 WALNUT 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 7 WALNUT 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 7 WALNUT ROAD?

7 WALNUT ROAD is located in MERE, in the BA12 postcode district. The below map shows the position of No. 7 on WALNUT ROAD.