2, MERCIA AVENUE, CHARLTON, ANDOVER, SP10 4EJ - £485,000

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

2 MERCIA AVENUE is a very large extended detached house of 155m², built sometime between 1983 and 1990. It was last sold for £485,000 in September 2019, which was around 5% below the average September 2019 detached price in the Test Valley local authority area. The most recent EPC inspection was May 2019, where the current energy rating was C, and the potential energy rating was B.

2 MERCIA AVENUE Sold Prices

Land registry data shows three sales for 2 MERCIA AVENUE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Test Valley local authority area for the corresponding sale date. All of the three 2 MERCIA AVENUE 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
2019 6 SEP	£485,000	£510,960	5% below HPI
2007 30 NOV	£310,000	£386,526	20% below HPI
2006 24 JUL	£282,000	£334,510	16% below HPI

2 MERCIA AVENUE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Test Valley local authority area over time, sourced from the HPI. The three 2 MERCIA AVENUE sales between July 2006 and September 2019 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 2007 sale was for 20% below the HPI. So the extrapolation line tracks at 20% below the HPI over time, until the September 2019 sale, where it rises to 5% below the HPI. The line then continues to track at 5% below the HPI.

How Large is 2 MERCIA AVENUE?

2 MERCIA AVENUE is 155m², which includes two extensions, according to the EPC inspection conducted in May 2019. This puts it in the largest 20% of detached houses in Charlton, based on EPC data. The below chart shows the distribution of detached houses by size in Charlton, and where 2 MERCIA AVENUE lies on this distribution: 89% of detached houses are smaller than 2 MERCIA AVENUE, and 11% of houses are larger. Note that EPC data is not available for all properties in Charlton.

2 MERCIA AVENUE: Plot and Title Map

2 MERCIA AVENUE sits on a plot of roughly 0.190 of an acre, or 769m². The below map shows the location of 2 MERCIA AVENUE, 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 2 MERCIA AVENUE). 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 2 MERCIA AVENUE?

2 MERCIA AVENUE is located in CHARLTON, in the SP10 postcode district. The below map shows the position of No. 2 on MERCIA AVENUE.