10, MERCIAN ROAD, THAME, OX9 2FT - £520,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

10 MERCIAN ROAD is a very small detached house of 89m², which could now be worth an estimated £534,084. It was last sold for £520,000 in November 2022, which was around 32% below the average November 2022 detached price in the South Oxfordshire local authority area. The most recent EPC inspection was May 2018, where the current energy rating was B, and the potential energy rating was A.

10 MERCIAN ROAD Sold Prices

Land registry data shows two sales for 10 MERCIAN ROAD since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the South Oxfordshire local authority area for the corresponding sale date. Both of the two 10 MERCIAN ROAD 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
2022 25 NOV	£520,000	£766,544	32% below HPI
2018 30 NOV	£485,000	£642,719	25% below HPI

10 MERCIAN ROAD Price Paid vs. HPI Average

The below graph shows the average detached house price in the South Oxfordshire local authority area over time, sourced from the HPI. The two 10 MERCIAN ROAD sales from November 2018 and November 2022 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 November 2018 sale was for 25% below the HPI. So the extrapolation line tracks at 25% below the HPI over time, until the November 2022 sale, where it falls to 32% below the HPI. The line then continues to track at 32% below the HPI.

What might 10 MERCIAN ROAD be worth now?

10 MERCIAN ROAD might now be worth an estimated £534,084.

This is based on house price inflation of 2.7%, between November 2022 and December 2024, for detached houses, in the South Oxfordshire local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 2.7% inflationary increase is applied to the most recent sale price for 10 MERCIAN ROAD of £520,000 on 25th November 2022. For the value to have increased from £520,000 to £534,084 over the one year and eleven months to December 2024, the following assumptions must hold true:

• The value of 10 MERCIAN ROAD has moved in line with the HPI for detached houses in the South Oxfordshire local authority area.
• The November 2022 sale price of £520,000 represented a fair market value for the property.
• The size, condition, and specification of 10 MERCIAN ROAD has not materially changed since November 2022.

How Large is 10 MERCIAN ROAD?

10 MERCIAN ROAD is 89m² according to the EPC inspection conducted in May 2018. This puts it in the smallest 20% of detached houses houses in Thame, based on EPC data. The below chart shows the distribution of detached houses houses by size in Thame, and where 10 MERCIAN ROAD lies on this distribution: 18% of detached houses houses are smaller than 10 MERCIAN ROAD, and 81% of houses are larger. Note that EPC data is not available for all properties in Thame.

10 MERCIAN ROAD: Plot and Title Map

10 MERCIAN ROAD sits on a plot of roughly 0.056 of an acre, or 226m². The below map shows the location of 10 MERCIAN ROAD, 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 MERCIAN ROAD). 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 MERCIAN ROAD?

10 MERCIAN ROAD is located in THAME, in the OX9 postcode district. The below map shows the position of No. 10 on MERCIAN ROAD.