5 Lower Street

    5, LOWER STREET, MERRIOTT, TA16 5NL

    This terraced freehold property on Lower Street last sold in April 2021 for £275,000. Based on price growth in the TA16 district since then, its estimated current value is £249,272 — placing it in the 37th percentile nationally and the 55th percentile within TA16. The property covers 86 m² (926 sq ft), giving an estimated value of £2,899 per m². The EPC rating is D, with a potential rating of B.

    Type

    Terraced

    Tenure

    Freehold

    Floor Area

    926 sq ft

    86 m²

    Last Sale Price

    £275,000

    Apr 2021

    Estimated Valuation

    £249,272

    Est. £/sq ft

    £269/sq ft

    £2,899/m²

    Property Details

    TypeTerraced
    TenureFreehold
    Built formEnd-Terrace
    Construction ageEngland and Wales: before 1900
    Habitable rooms5
    Main fuelmains gas (not community)
    EPC currentD
    EPC potentialB
    Floor area926 sq ft (86 m²)
    EPC dateFeb 2013
    WallsSandstone, as built, no insulation (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    8 Apr 2021

    £275,000

    7 Jun 2013

    £195,000

    18 Oct 2005

    £130,000

    Key Metrics

    Estimated valuation£249,272
    Value per sq ft / m²£269/sq ft (£2,899/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    TA16 district percentile55th percentile
    National percentile37th percentile

    District Context — TA16

    TA16 covers the Wiveliscombe area and surrounding villages in central Somerset. It is a rural, semi-agricultural district with a character of small market towns and countryside communities.

    Average Property Price - TA16

    £272,425

    34

    National percentile

    Average Net Household Income - TA16

    £36,772

    42

    National percentile

    10-Year Annualised Price Growth - TA16

    1.0%

    3

    National percentile

    10-Year Annualised Rent Growth - TA

    3.5%

    23

    National percentile

    View full analysis for TA16

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