12, MERCERS WAY, SWORDY PARK, ALNWICK, NE66 1DE - £320,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

12 MERCERS WAY is a small detached house of 108m², built in 2016. It was last sold for £320,000 in July 2022, which was around 4% above the average July 2022 detached price in the Northumberland local authority area. The most recent EPC inspection was October 2021, where the current energy rating was B, and the potential energy rating was A.

12 MERCERS WAY Sold Prices

Land registry data shows two sales for 12 MERCERS 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 Northumberland local authority area for the corresponding sale date. One of the two 12 MERCERS WAY sales was for above the average price, whilst the other was 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 15 JUL	£320,000	£307,775	4% above HPI
2021 13 DEC	£272,995	£284,168	4% below HPI

12 MERCERS WAY Price Paid vs. HPI Average

The below graph shows the average detached house price in the Northumberland local authority area over time, sourced from the HPI. The two 12 MERCERS WAY sales from December 2021 and July 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 December 2021 sale was for 4% below the HPI. So the extrapolation line tracks at 4% below the HPI over time, until the July 2022 sale, where it rises to 4% above the HPI. The line then continues to track at 4% above the HPI.

How Large is 12 MERCERS WAY?

12 MERCERS WAY is 108m² according to the EPC inspection conducted in October 2021. This puts it in the smallest 40% of detached houses in Alnwick, based on EPC data. The below chart shows the distribution of detached houses by size in Alnwick, and where 12 MERCERS WAY lies on this distribution: 38% of detached houses are smaller than 12 MERCERS WAY, and 58% of houses are larger. Note that EPC data is not available for all properties in Alnwick.

12 MERCERS WAY: Plot and Title Map

12 MERCERS WAY sits on a plot of roughly 32.4 acres, or 131,141m². The below map shows the location of 12 MERCERS 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 12 MERCERS 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 12 MERCERS WAY?

12 MERCERS WAY is located in SWORDY PARK, in the NE66 postcode district. The below map shows the position of No. 12 on MERCERS WAY.