8, LOVAGE WAY, MERE, WARMINSTER, BA12 6RU - £515,000

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.

8 LOVAGE WAY is a large detached house of 134m², built sometime between 1996 and 2002, which could now be worth an estimated £511,028. It was last sold for £515,000 in December 2022, which was about the average December 2022 detached price in the Wiltshire local authority area. The most recent EPC inspection was June 2018, where the current energy rating was C, and the potential energy rating was B.

8 LOVAGE WAY Sold Prices

Land registry data shows four sales for 8 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. The four 8 LOVAGE WAY sales were a mix of roughly equal to the average price, and 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 9 DEC	£515,000	£516,696	Close to HPI
2019 11 JAN	£380,000	£437,826	13% below HPI
2015 15 MAY	£275,000	£355,816	23% below HPI
2002 11 JAN	£180,000	£210,449	14% below HPI

8 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 8 LOVAGE WAY sales between January 2002 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 January 2019 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 roughly the same level as the HPI. The line then continues to track in line with the HPI.

What might 8 LOVAGE WAY be worth now?

8 LOVAGE WAY might now be worth an estimated £511,028.

This is based on house price deflation of 0.8%, between December 2022 and June 2025, for detached 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 0.8% deflationary decrease is applied to the most recent sale price for 8 LOVAGE WAY of £515,000 on 9th December 2022. For the value to have decreased from £515,000 to £511,028 over the three years and six months to June 2025, the following assumptions must hold true:

• The value of 8 LOVAGE WAY has moved in line with the HPI for detached houses in the Wiltshire local authority area.
• The December 2022 sale price of £515,000 represented a fair market value for the property.
• The size, condition, and specification of 8 LOVAGE WAY has not materially changed since December 2022.

How Large is 8 LOVAGE WAY?

8 LOVAGE WAY is 134m² according to the EPC inspection conducted in June 2018. This puts it in the largest 40% of detached houses houses in Mere, based on EPC data. The below chart shows the distribution of detached houses houses by size in Mere, and where 8 LOVAGE WAY lies on this distribution: 63% of detached houses houses are smaller than 8 LOVAGE WAY, and 37% of houses are larger. Note that EPC data is not available for all properties in Mere.

8 LOVAGE WAY: Plot and Title Map

8 LOVAGE WAY sits on a plot of roughly 0.090 of an acre, or 364m². The below map shows the location of 8 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 8 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 8 LOVAGE WAY?

8 LOVAGE WAY is located in MERE, in the BA12 postcode district. The below map shows the position of No. 8 on LOVAGE WAY.