RIVER COTTAGE, THE LYNCH, MERE, WARMINSTER, BA12 6DQ - £262,500

RIVER COTTAGE is a midsized detached house of 121m², built sometime before 1900. It was last sold for £262,500 in February 2016, which was around 30% below the average February 2016 detached price in the Wiltshire local authority area. The most recent EPC inspection was October 2008, where the current energy rating was E, and the potential energy rating was E.

RIVER COTTAGE Sold Prices

Land registry data shows three sales for RIVER COTTAGE 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 RIVER COTTAGE 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
2016 26 FEB	£262,500	£373,620	30% below HPI
2002 5 NOV	£195,000	£238,834	18% below HPI
2001 11 MAY	£60,000	£187,383	68% below HPI

RIVER COTTAGE 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 RIVER COTTAGE sales between May 2001 and February 2016 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 November 2002 sale was for 18% below the HPI. So the extrapolation line tracks at 18% below the HPI over time, until the February 2016 sale, where it falls to 30% below the HPI. The line then continues to track at 30% below the HPI.

How Large is RIVER COTTAGE?

RIVER COTTAGE is 121m² according to the EPC inspection conducted in October 2008. This puts it in the largest 50% of detached houses in Mere, based on EPC data. The below chart shows the distribution of detached houses by size in Mere, and where RIVER COTTAGE lies on this distribution: 57% of detached houses are smaller than RIVER COTTAGE, and 43% of houses are larger. Note that EPC data is not available for all properties in Mere.

RIVER COTTAGE: Plot and Title Map

RIVER COTTAGE sits on a plot of roughly 0.058 of an acre, or 235m². The below map shows the location of RIVER COTTAGE, 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 RIVER COTTAGE). 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 RIVER COTTAGE?

RIVER COTTAGE is located on THE LYNCH in MERE, in the BA12 postcode district. The below map shows the position of RIVER COTTAGE on THE LYNCH.