18, MERCURY CLOSE, NOTTINGHAM, NG6 0EL - £248,000

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

18 MERCURY CLOSE is a small detached house of 82m², built sometime between 1983 and 1990. It was last sold for £248,000 in February 2022, which was around 18% below the average February 2022 detached price in the City of Nottingham local authority area. The most recent EPC inspection was January 2012, where the current energy rating was E, and the potential energy rating was D.

18 MERCURY CLOSE Sold Prices

Land registry data shows four sales for 18 MERCURY CLOSE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the City of Nottingham local authority area for the corresponding sale date. All of the four 18 MERCURY 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
2022 25 FEB	£248,000	£301,294	18% below HPI
2016 4 NOV	£130,000	£214,083	39% below HPI
2012 23 APR	£110,000	£128,197	14% below HPI
1999 29 JAN	£56,000	£58,438	4% below HPI

18 MERCURY CLOSE Price Paid vs. HPI Average

The below graph shows the average detached house price in the City of Nottingham local authority area over time, sourced from the HPI. The four 18 MERCURY CLOSE sales between January 1999 and February 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 2016 sale was for 39% below the HPI. So the extrapolation line tracks at 39% below the HPI over time, until the February 2022 sale, where it rises to 18% below the HPI. The line then continues to track at 18% below the HPI.

How Large is 18 MERCURY CLOSE?

18 MERCURY CLOSE is 82m² according to the EPC inspection conducted in January 2012. This puts it in the smallest 30% of detached houses in Nottingham, based on EPC data. The below chart shows the distribution of detached houses by size in Nottingham, and where 18 MERCURY CLOSE lies on this distribution: 21% of detached houses are smaller than 18 MERCURY CLOSE, and 79% of houses are larger. Note that EPC data is not available for all properties in Nottingham.

18 MERCURY CLOSE: Plot and Title Map

18 MERCURY CLOSE sits on a plot of roughly 0.052 of an acre, or 210m². The below map shows the location of 18 MERCURY 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 18 MERCURY 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 18 MERCURY CLOSE?

18 MERCURY CLOSE is located in NOTTINGHAM, in the NG6 postcode district. The below map shows the position of No. 18 on MERCURY CLOSE.