GLEBE PLACE, CHURCH STREET, MERRIOTT, TA16 5PS - £330,000

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.

GLEBE PLACE is a large detached house of 125m², built sometime between 1996 and 2002, which could now be worth an estimated £560,434. It was last sold for £330,000 in September 2009, which was around 22% above the average September 2009 detached price in the Somerset local authority area. The most recent EPC inspection was July 2023, where the current energy rating was C, and the potential energy rating was B.

GLEBE PLACE Sold Prices

Land registry data shows two sales for GLEBE PLACE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Somerset local authority area for the corresponding sale date. Both of the two GLEBE 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
2009 21 SEP	£330,000	£271,114	22% above HPI
2001 24 MAY	£262,500	£151,260	74% above HPI

GLEBE PLACE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Somerset local authority area over time, sourced from the HPI. The two GLEBE PLACE sales from May 2001 and September 2009 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 May 2001 sale was for 74% above the HPI. So the extrapolation line tracks at 74% above the HPI over time, until the September 2009 sale, where it falls to 22% above the HPI. The line then continues to track at 22% above the HPI.

What might GLEBE PLACE be worth now?

GLEBE PLACE might now be worth an estimated £560,434.

This is based on house price inflation of 69.8%, between September 2009 and February 2025, for 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 69.8% inflationary increase is applied to the most recent sale price for GLEBE PLACE of £330,000 on 21st September 2009. For the value to have increased from £330,000 to £560,434 over the sixteen years and seven months to February 2025, the following assumptions must hold true:

• The value of GLEBE PLACE has moved in line with the HPI for detached houses in the Somerset local authority area.
• The September 2009 sale price of £330,000 represented a fair market value for the property.
• The size, condition, and specification of GLEBE PLACE has not materially changed since September 2009.

How Large is GLEBE PLACE?

GLEBE PLACE is 125m² according to the EPC inspection conducted in July 2023. This puts it in the largest 40% of detached houses houses in Merriott, based on EPC data. The below chart shows the distribution of detached houses houses by size in Merriott, and where GLEBE PLACE lies on this distribution: 60% of detached houses houses are smaller than GLEBE PLACE, and 40% of houses are larger. Note that EPC data is not available for all properties in Merriott.

GLEBE PLACE: Plot and Title Map

GLEBE PLACE sits on a plot of roughly 0.198 of an acre, or 802m². The below map shows the location of GLEBE 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 GLEBE 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 GLEBE PLACE?

GLEBE PLACE is located on CHURCH STREET in MERRIOTT, in the TA16 postcode district. The below map shows the position of GLEBE PLACE on CHURCH STREET.