2, OLD BELL CLOSE, MERRIOTT, TA16 5NU - £190,000

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.

2 OLD BELL CLOSE is a very small terraced house of 61m², built sometime between 1983 and 1990, which could now be worth an estimated £331,236. It was last sold for £190,000 in May 2005, which was around 43% above the average May 2005 terraced price in the Somerset local authority area. The most recent EPC inspection was May 2014, where the current energy rating was D, and the potential energy rating was C.

2 OLD BELL CLOSE Sold Prices

Land registry data shows one sale for 2 OLD BELL CLOSE since 1^st January 1995. The below table shows the price paid for the one sale, along with the average terraced price in the Somerset local authority area for the corresponding sale date. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
2005 27 MAY	£190,000	£133,324	43% above HPI

What might 2 OLD BELL CLOSE be worth now?

2 OLD BELL CLOSE might now be worth an estimated £331,236.

This is based on house price inflation of 74.3%, between May 2005 and May 2026, for terraced 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 74.3% inflationary increase is applied to the most recent sale price for 2 OLD BELL CLOSE of £190,000 on 27th May 2005. For the value to have increased from £190,000 to £331,236 over the 21 years to May 2026, the following assumptions must hold true:

• The value of 2 OLD BELL CLOSE has moved in line with the HPI for terraced houses in the Somerset local authority area.
• The May 2005 sale price of £190,000 represented a fair market value for the property.
• The size, condition, and specification of 2 OLD BELL CLOSE has not materially changed since May 2005.

How Large is 2 OLD BELL CLOSE?

2 OLD BELL CLOSE is 61m² according to the EPC inspection conducted in May 2014. This puts it in the smallest 20% of terraced houses in Merriott, based on EPC data. The below chart shows the distribution of terraced houses by size in Merriott, and where 2 OLD BELL CLOSE lies on this distribution: 15% of terraced houses are smaller than 2 OLD BELL CLOSE, and 84% of terraced houses are larger. Note that EPC data is not available for all properties in Merriott.

2 OLD BELL CLOSE: Plot

2 OLD BELL CLOSE sits on a plot of roughly 0.061 of an acre, or 248m².

Where is 2 OLD BELL CLOSE?

2 OLD BELL CLOSE is located in MERRIOTT, in the TA16 postcode district.