15, MERCER CLOSE, BASINGSTOKE, RG22 6NZ - £280,000

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

15 MERCER CLOSE is a very large extended detached house of 163m², built sometime between 1967 and 1975. It was last sold for £280,000 in January 2008, which was around 24% below the average January 2008 detached price in the Basingstoke and Deane local authority area. The most recent EPC inspection was September 2018, where the current energy rating was D, and the potential energy rating was B.

15 MERCER CLOSE Sold Prices

Land registry data shows two sales for 15 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 Basingstoke and Deane local authority area for the corresponding sale date. Both of the two 15 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
2008 9 JAN	£280,000	£368,868	24% below HPI
2002 3 MAY	£236,000	£260,972	10% below HPI

15 MERCER CLOSE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Basingstoke and Deane local authority area over time, sourced from the HPI. The two 15 MERCER CLOSE sales from May 2002 and January 2008 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 2002 sale was for 10% below the HPI. So the extrapolation line tracks at 10% below the HPI over time, until the January 2008 sale, where it falls to 24% below the HPI. The line then continues to track at 24% below the HPI.

How Large is 15 MERCER CLOSE?

15 MERCER CLOSE is 163m², which includes two extensions, according to the EPC inspection conducted in September 2018. This puts it in the largest 20% of detached houses in Basingstoke, based on EPC data. The below chart shows the distribution of detached houses by size in Basingstoke, and where 15 MERCER CLOSE lies on this distribution: 88% of detached houses are smaller than 15 MERCER CLOSE, and 11% of houses are larger. Note that EPC data is not available for all properties in Basingstoke.

15 MERCER CLOSE: Plot and Title Map

15 MERCER CLOSE sits on a plot of roughly 0.098 of an acre, or 397m². The below map shows the location of 15 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 15 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 15 MERCER CLOSE?

15 MERCER CLOSE is located in BASINGSTOKE, in the RG22 postcode district. The below map shows the position of No. 15 on MERCER CLOSE.