RIVERMEAD, PETTRIDGE LANE, MERE, WARMINSTER, BA12 6DG - £545,000

RIVERMEAD is a very large detached house of 184m², built sometime between 1950 and 1966. It was last sold for £545,000 in May 2019, which was around 33% above the average May 2019 detached price in the Wiltshire local authority area. The most recent EPC inspection was November 2014, where the current energy rating was D, and the potential energy rating was C.

RIVERMEAD Sold Prices

Land registry data shows two sales for RIVERMEAD since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Wiltshire local authority area for the corresponding sale date. Both of the two RIVERMEAD 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
2019 13 MAY	£545,000	£409,269	33% above HPI
1995 31 MAR	£134,000	£99,607	35% above HPI

RIVERMEAD 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 two RIVERMEAD sales from March 1995 and May 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 March 1995 sale was for 35% above the HPI. So the extrapolation line tracks at 35% above the HPI over time, until the May 2019 sale, where it falls to 33% above the HPI. The line then continues to track at 33% above the HPI.

How Large is RIVERMEAD?

RIVERMEAD is 184m² according to the EPC inspection conducted in November 2014. This puts it in the largest 20% of detached houses in Mere, based on EPC data. The below chart shows the distribution of detached houses by size in Mere, and where RIVERMEAD lies on this distribution: 88% of detached houses are smaller than RIVERMEAD, and 11% of houses are larger. Note that EPC data is not available for all properties in Mere.

RIVERMEAD: Plot and Title Map

RIVERMEAD sits on a plot of roughly 0.268 of an acre, or 1,086m². The below map shows the location of RIVERMEAD, 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 RIVERMEAD). 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 RIVERMEAD?

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