1, MERCER CRESCENT, ALFRETON, DE55 7HF - £157,500

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

1 MERCER CRESCENT is a very small detached house of 82m², built sometime between 1976 and 1982. It was last sold for £157,500 in June 2020, which was around 39% below the average June 2020 detached price in the Amber Valley local authority area. The most recent EPC inspection was November 2019, where the current energy rating was D, and the potential energy rating was B.

1 MERCER CRESCENT Sold Prices

Land registry data shows three sales for 1 MERCER CRESCENT since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Amber Valley local authority area for the corresponding sale date. All of the three 1 MERCER CRESCENT 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 25 JUN	£157,500	£259,931	39% below HPI
2001 9 JUL	£73,000	£93,664	22% below HPI
1998 4 DEC	£64,000	£70,708	9% below HPI

1 MERCER CRESCENT Price Paid vs. HPI Average

The below graph shows the average detached house price in the Amber Valley local authority area over time, sourced from the HPI. The three 1 MERCER CRESCENT sales between December 1998 and June 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 July 2001 sale was for 22% below the HPI. So the extrapolation line tracks at 22% below the HPI over time, until the June 2020 sale, where it falls to 39% below the HPI. The line then continues to track at 39% below the HPI.

How Large is 1 MERCER CRESCENT?

1 MERCER CRESCENT is 82m² according to the EPC inspection conducted in November 2019. This puts it in the smallest 20% of detached houses in Alfreton, based on EPC data. The below chart shows the distribution of detached houses by size in Alfreton, and where 1 MERCER CRESCENT lies on this distribution: 14% of detached houses are smaller than 1 MERCER CRESCENT, and 86% of houses are larger. Note that EPC data is not available for all properties in Alfreton.

1 MERCER CRESCENT: Plot and Title Map

1 MERCER CRESCENT sits on a plot of roughly 0.080 of an acre, or 324m². The below map shows the location of 1 MERCER CRESCENT, 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 1 MERCER CRESCENT). 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 1 MERCER CRESCENT?

1 MERCER CRESCENT is located in ALFRETON, in the DE55 postcode district. The below map shows the position of No. 1 on MERCER CRESCENT.