VALRIC, EDGEBRIDGE, MERE, WARMINSTER, BA12 6DB - £241,000

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.

VALRIC is a large terraced house of 152m², built sometime before 1900, which could now be worth an estimated £356,840. It was last sold for £241,000 in August 2014, which was around 37% above the average August 2014 terraced price in the Wiltshire local authority area. The most recent EPC inspection was July 2011, where the current energy rating was D, and the potential energy rating was D.

VALRIC Sold Prices

Land registry data shows two sales for VALRIC since 1^st January 1995. The below table shows the price paid for the two sales, along with the average terraced price in the Wiltshire local authority area for the corresponding sale date. Both of the two VALRIC 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
2014 15 AUG	£241,000	£175,355	37% above HPI
2002 25 OCT	£150,000	£113,009	33% above HPI

VALRIC Price Paid vs. HPI Average

The below graph shows the average terraced house price in the Wiltshire local authority area over time, sourced from the HPI. The two VALRIC sales from October 2002 and August 2014 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 October 2002 sale was for 33% above the HPI. So the extrapolation line tracks at 33% above the HPI over time, until the August 2014 sale, where it rises to 37% above the HPI. The line then continues to track at 37% above the HPI.

What might VALRIC be worth now?

VALRIC might now be worth an estimated £356,840.

This is based on house price inflation of 48.1%, between August 2014 and June 2025, for terraced 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 48.1% inflationary increase is applied to the most recent sale price for VALRIC of £241,000 on 15th August 2014. For the value to have increased from £241,000 to £356,840 over the eleven years and two months to June 2025, the following assumptions must hold true:

• The value of VALRIC has moved in line with the HPI for terraced houses in the Wiltshire local authority area.
• The August 2014 sale price of £241,000 represented a fair market value for the property.
• The size, condition, and specification of VALRIC has not materially changed since August 2014.

How Large is VALRIC?

VALRIC is 152m² according to the EPC inspection conducted in July 2011. This puts it in the largest 30% of terraced houses houses in Mere, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Mere, and where VALRIC lies on this distribution: 75% of terraced houses houses are smaller than VALRIC, and 25% of houses are larger. Note that EPC data is not available for all properties in Mere.

VALRIC: Plot and Title Map

VALRIC sits on a plot of roughly 0.075 of an acre, or 303m². The below map shows the location of VALRIC, 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 VALRIC). 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 VALRIC?

VALRIC is located on EDGEBRIDGE in MERE, in the BA12 postcode district. The below map shows the position of VALRIC on EDGEBRIDGE.