7, PROSPECT PLACE, MERE, WARMINSTER, BA12 6LS - £265,000

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.

7 PROSPECT PLACE is a detached house, which could now be worth an estimated £454,965. It was last sold for £265,000 in September 2009, which was around 12% below the average September 2009 detached price in the Wiltshire local authority area.

7 PROSPECT PLACE Sold Prices

Land registry data shows two sales for 7 PROSPECT PLACE 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 7 PROSPECT PLACE 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
2009 24 SEP	£265,000	£301,270	12% below HPI
1999 15 APR	£117,950	£140,969	16% below HPI

What might 7 PROSPECT PLACE be worth now?

7 PROSPECT PLACE might now be worth an estimated £454,965.

This is based on house price inflation of 71.7%, between September 2009 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 71.7% inflationary increase is applied to the most recent sale price for 7 PROSPECT PLACE of £265,000 on 24th September 2009. For the value to have increased from £265,000 to £454,965 over the seventeen years and four months to May 2026, the following assumptions must hold true:

• The value of 7 PROSPECT PLACE has moved in line with the HPI for detached houses in the Wiltshire local authority area.
• The September 2009 sale price of £265,000 represented a fair market value for the property.
• The size, condition, and specification of 7 PROSPECT PLACE has not materially changed since September 2009.

Where is 7 PROSPECT PLACE?

7 PROSPECT PLACE is located in MERE, in the BA12 postcode district.