FIELDSWAY, THE FIELDS, MERE, WARMINSTER, BA12 6EA - £155,000

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.

FIELDSWAY is a very small extended terraced house of 85m², built sometime before 1900, which could now be worth an estimated £189,679. It was last sold for £155,000 in February 2019, which was around 28% below the average February 2019 terraced price in the Wiltshire local authority area. The most recent EPC inspection was December 2017, where the current energy rating was E, and the potential energy rating was A.

FIELDSWAY Sold Prices

Land registry data shows three sales for FIELDSWAY 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 FIELDSWAY sales 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
2019 20 FEB	£155,000	£214,241	28% below HPI
2018 24 APR	£150,000	£213,802	30% below HPI
1996 16 AUG	£37,000	£49,779	26% below HPI

FIELDSWAY 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 FIELDSWAY sales between August 1996 and February 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 April 2018 sale was for 30% below the HPI. So the extrapolation line tracks at 30% below the HPI over time, until the February 2019 sale, where it rises to 28% below the HPI. The line then continues to track at 28% below the HPI.

What might FIELDSWAY be worth now?

FIELDSWAY might now be worth an estimated £189,679.

This is based on house price inflation of 22.4%, between February 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 22.4% inflationary increase is applied to the most recent sale price for FIELDSWAY of £155,000 on 20th February 2019. For the value to have increased from £155,000 to £189,679 over the six years and ten months to April 2026, the following assumptions must hold true:

• The value of FIELDSWAY has moved in line with the HPI for terraced houses in the Wiltshire local authority area.
• The February 2019 sale price of £155,000 represented a fair market value for the property.
• The size, condition, and specification of FIELDSWAY has not materially changed since February 2019.

How Large is FIELDSWAY?

FIELDSWAY is 85m², which includes one extension, according to the EPC inspection conducted in December 2017. This puts it in the smallest 20% 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 FIELDSWAY lies on this distribution: 19% of terraced houses houses are smaller than FIELDSWAY, and 80% of houses are larger. Note that EPC data is not available for all properties in Mere.

FIELDSWAY: Plot and Title Map

FIELDSWAY sits on a plot of roughly 0.016 of an acre, or 66m². The below map shows the location of FIELDSWAY, 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 FIELDSWAY). 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 FIELDSWAY?

FIELDSWAY is located on THE FIELDS in MERE, in the BA12 postcode district. The below map shows the position of FIELDSWAY on THE FIELDS.