9, PROSPECT PLACE, MERE, WARMINSTER, BA12 6LS - £315,000

9 PROSPECT PLACE is a large detached house of 139m², built sometime between 1976 and 1982. It was last sold for £315,000 in May 2011, which was around 3% above the average May 2011 detached price in the Wiltshire local authority area. The most recent EPC inspection was March 2014, where the current energy rating was C, and the potential energy rating was B.

9 PROSPECT PLACE Sold Prices

Land registry data shows three sales for 9 PROSPECT PLACE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Wiltshire local authority area for the corresponding sale date. All of the three 9 PROSPECT PLACE 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
2011 10 MAY	£315,000	£305,536	3% above HPI
2003 4 DEC	£273,000	£262,600	4% above HPI
1997 29 MAR	£129,000	£108,717	19% above HPI

9 PROSPECT PLACE 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 three 9 PROSPECT PLACE sales between March 1997 and May 2011 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 December 2003 sale was for 4% above the HPI. So the extrapolation line tracks at 4% above the HPI over time, until the May 2011 sale, where it falls to 3% above the HPI. The line then continues to track at 3% above the HPI.

How Large is 9 PROSPECT PLACE?

9 PROSPECT PLACE is 139m² according to the EPC inspection conducted in March 2014. This puts it in the largest 40% of detached houses in Mere, based on EPC data. The below chart shows the distribution of detached houses by size in Mere, and where 9 PROSPECT PLACE lies on this distribution: 66% of detached houses are smaller than 9 PROSPECT PLACE, and 33% of houses are larger. Note that EPC data is not available for all properties in Mere.

9 PROSPECT PLACE: Plot and Title Map

9 PROSPECT PLACE sits on a plot of roughly 0.137 of an acre, or 554m². The below map shows the location of 9 PROSPECT PLACE, 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 9 PROSPECT PLACE). 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 9 PROSPECT PLACE?

9 PROSPECT PLACE is located in MERE, in the BA12 postcode district. The below map shows the position of No. 9 on PROSPECT PLACE.