1, TOWNSEND CLOSE, MERE, WARMINSTER, BA12 6JZ - £225,000

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.

1 TOWNSEND CLOSE is a detached house, which could now be worth an estimated £590,610. It was last sold for £225,000 in June 2001, which was around 14% above the average June 2001 detached price in the Wiltshire local authority area.

1 TOWNSEND CLOSE Sold Prices

Land registry data shows three sales for 1 TOWNSEND CLOSE 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 1 TOWNSEND CLOSE 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
2001 8 JUN	£225,000	£197,047	14% above HPI
1999 20 SEP	£166,500	£155,490	7% above HPI
1997 28 OCT	£159,950	£121,064	32% above HPI

What might 1 TOWNSEND CLOSE be worth now?

1 TOWNSEND CLOSE might now be worth an estimated £590,610.

This is based on house price inflation of 162.5%, between June 2001 and May 2026, for detached 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 162.5% inflationary increase is applied to the most recent sale price for 1 TOWNSEND CLOSE of £225,000 on 8th June 2001. For the value to have increased from £225,000 to £590,610 over the 25 years and one month to May 2026, the following assumptions must hold true:

• The value of 1 TOWNSEND CLOSE has moved in line with the HPI for detached houses in the Wiltshire local authority area.
• The June 2001 sale price of £225,000 represented a fair market value for the property.
• The size, condition, and specification of 1 TOWNSEND CLOSE has not materially changed since June 2001.

Where is 1 TOWNSEND CLOSE?

1 TOWNSEND CLOSE is located in MERE, in the BA12 postcode district.