10, MERCER CLOSE, MAIDENBOWER, CRAWLEY, RH10 7HZ - £479,950

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

10 MERCER CLOSE is a very small extended detached house of 87m², built sometime between 1996 and 2002. It was last sold for £479,950 in July 2016, which was around 6% below the average July 2016 detached price in the Crawley local authority area. The most recent EPC inspection was February 2016, where the current energy rating was D, and the potential energy rating was B.

10 MERCER CLOSE Sold Prices

Land registry data shows two sales for 10 MERCER CLOSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Crawley local authority area for the corresponding sale date. Both of the two 10 MERCER CLOSE 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
2016 15 JUL	£479,950	£512,557	6% below HPI
2009 22 MAY	£288,500	£300,408	4% below HPI

10 MERCER CLOSE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Crawley local authority area over time, sourced from the HPI. The two 10 MERCER CLOSE sales from May 2009 and July 2016 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 May 2009 sale was for 4% below the HPI. So the extrapolation line tracks at 4% below the HPI over time, until the July 2016 sale, where it falls to 6% below the HPI. The line then continues to track at 6% below the HPI.

How Large is 10 MERCER CLOSE?

10 MERCER CLOSE is 87m², which includes one extension, according to the EPC inspection conducted in February 2016. This puts it in the smallest 20% of detached houses in Crawley, based on EPC data. The below chart shows the distribution of detached houses by size in Crawley, and where 10 MERCER CLOSE lies on this distribution: 12% of detached houses are smaller than 10 MERCER CLOSE, and 87% of houses are larger. Note that EPC data is not available for all properties in Crawley.

10 MERCER CLOSE: Plot and Title Map

10 MERCER CLOSE sits on a plot of roughly 0.084 of an acre, or 342m². The below map shows the location of 10 MERCER CLOSE, 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 10 MERCER CLOSE). 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 10 MERCER CLOSE?

10 MERCER CLOSE is located in MAIDENBOWER, in the RH10 postcode district. The below map shows the position of No. 10 on MERCER CLOSE.