31, DOWNSIDE CLOSE, MERE, WARMINSTER, BA12 6AS - £68,250

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.

31 DOWNSIDE CLOSE is a very small flat of 32m², built sometime between 2007 and 2011, which could now be worth an estimated £73,059. It was last sold for £68,250 in October 2019, which was around 53% below the average October 2019 flat price in the Wiltshire local authority area. The most recent EPC inspection was June 2019, where the current energy rating was C, and the potential energy rating was C.

31 DOWNSIDE CLOSE Sold Prices

Land registry data shows two sales for 31 DOWNSIDE CLOSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average flat price in the Wiltshire local authority area for the corresponding sale date. Both of the two 31 DOWNSIDE CLOSE 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
2019 18 OCT	£68,250	£146,338	53% below HPI
2017 8 JUN	£57,200	£147,481	61% below HPI

What might 31 DOWNSIDE CLOSE be worth now?

31 DOWNSIDE CLOSE might now be worth an estimated £73,059.

This is based on house price inflation of 7%, between October 2019 and April 2026, for flats, in the Wiltshire local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 7% inflationary increase is applied to the most recent sale price for 31 DOWNSIDE CLOSE of £68,250 on 18th October 2019. For the value to have increased from £68,250 to £73,059 over the seven years and six months to April 2026, the following assumptions must hold true:

• The value of 31 DOWNSIDE CLOSE has moved in line with the HPI for flats in the Wiltshire local authority area.
• The October 2019 sale price of £68,250 represented a fair market value for the property.
• The size, condition, and specification of 31 DOWNSIDE CLOSE has not materially changed since October 2019.

How Large is 31 DOWNSIDE CLOSE?

31 DOWNSIDE CLOSE is 32m² according to the EPC inspection conducted in June 2019. This puts it in the smallest 10% of flats in Mere, based on EPC data. 3% of flats are smaller than 31 DOWNSIDE CLOSE, and 97% of flats are larger. Note that EPC data is not available for all properties in Mere.

31 DOWNSIDE CLOSE: Plot

31 DOWNSIDE CLOSE sits on a plot of roughly 0.648 of an acre, or 2,624m².

Where is 31 DOWNSIDE CLOSE?

31 DOWNSIDE CLOSE is located in MERE, in the BA12 postcode district.