RED HOUSE, PETTRIDGE LANE, MERE, WARMINSTER, BA12 6DG - £570,000

RED HOUSE is a very large extended detached house of 196m², built sometime between 1930 and 1949. It was last sold for £570,000 in March 2008, which was around 78% above the average March 2008 detached price in the Wiltshire local authority area. The most recent EPC inspection was May 2016, where the current energy rating was E, and the potential energy rating was C.

RED HOUSE Sold Prices

Land registry data shows three sales for RED HOUSE 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 RED HOUSE 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
2008 4 MAR	£570,000	£321,118	78% above HPI
1999 13 DEC	£285,000	£155,256	84% above HPI
1997 20 JAN	£185,000	£107,889	71% above HPI

RED HOUSE 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 RED HOUSE sales between January 1997 and March 2008 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 1999 sale was for 84% above the HPI. So the extrapolation line tracks at 84% above the HPI over time, until the March 2008 sale, where it falls to 78% above the HPI. The line then continues to track at 78% above the HPI.

How Large is RED HOUSE?

RED HOUSE is 196m², which includes two extensions, according to the EPC inspection conducted in May 2016. This puts it in the largest 10% of detached houses in Mere, based on EPC data. The below chart shows the distribution of detached houses by size in Mere, and where RED HOUSE lies on this distribution: 92% of detached houses are smaller than RED HOUSE, and 8% of houses are larger. Note that EPC data is not available for all properties in Mere.

RED HOUSE: Plot and Title Map

RED HOUSE sits on a plot of roughly 0.496 of an acre, or 2,008m². The below map shows the location of RED HOUSE, 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 RED HOUSE). 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 RED HOUSE?

RED HOUSE is located on PETTRIDGE LANE in MERE, in the BA12 postcode district. The below map shows the position of RED HOUSE on PETTRIDGE LANE.