4, MERCER WAY, TETBURY, GL8 8FH - £425,000

4 MERCER WAY is a small detached house of 98m². It was last sold for £425,000 in November 2020, which was around 32% below the average November 2020 detached price in the Cotswold local authority area. The most recent EPC inspection was February 2018, where the current energy rating was B, and the potential energy rating was A.

4 MERCER WAY Sold Prices

Land registry data shows two sales for 4 MERCER WAY since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Cotswold local authority area for the corresponding sale date. Both of the two 4 MERCER WAY 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
2020 12 NOV	£425,000	£626,233	32% below HPI
2018 22 MAR	£395,000	£543,565	27% below HPI

4 MERCER WAY Price Paid vs. HPI Average

The below graph shows the average detached house price in the Cotswold local authority area over time, sourced from the HPI. The two 4 MERCER WAY sales from March 2018 and November 2020 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 March 2018 sale was for 27% below the HPI. So the extrapolation line tracks at 27% below the HPI over time, until the November 2020 sale, where it falls to 32% below the HPI. The line then continues to track at 32% below the HPI.

How Large is 4 MERCER WAY?

4 MERCER WAY is 98m² according to the EPC inspection conducted in February 2018. This puts it in the smallest 30% of detached houses in Tetbury, based on EPC data. The below chart shows the distribution of detached houses by size in Tetbury, and where 4 MERCER WAY lies on this distribution: 22% of detached houses are smaller than 4 MERCER WAY, and 78% of houses are larger. Note that EPC data is not available for all properties in Tetbury.

4 MERCER WAY: Plot and Title Map

4 MERCER WAY sits on a plot of roughly 0.078 of an acre, or 315m². The below map shows the location of 4 MERCER WAY, 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 4 MERCER WAY). 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 4 MERCER WAY?

4 MERCER WAY is located in TETBURY, in the GL8 postcode district. The below map shows the position of No. 4 on MERCER WAY.