2, MERSEY WAY, THATCHAM, RG18 3DL - £556,500

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

2 MERSEY WAY is a large extended detached house of 132m², built sometime between 1976 and 1982, which could now be worth an estimated £658,425. It was last sold for £556,500 in July 2017, which was around 5% below the average July 2017 detached price in the West Berkshire local authority area. The most recent EPC inspection was April 2017, where the current energy rating was C, and the potential energy rating was C.

2 MERSEY WAY Sold Prices

Land registry data shows two sales for 2 MERSEY 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 West Berkshire local authority area for the corresponding sale date. Both of the two 2 MERSEY WAY 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
2017 3 JUL	£556,500	£586,581	5% below HPI
2011 5 AUG	£277,500	£419,886	34% below HPI

2 MERSEY WAY Price Paid vs. HPI Average

The below graph shows the average detached house price in the West Berkshire local authority area over time, sourced from the HPI. The two 2 MERSEY WAY sales from August 2011 and July 2017 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 August 2011 sale was for 34% below the HPI. So the extrapolation line tracks at 34% below the HPI over time, until the July 2017 sale, where it rises to 5% below the HPI. The line then continues to track at 5% below the HPI.

What might 2 MERSEY WAY be worth now?

2 MERSEY WAY might now be worth an estimated £658,425.

This is based on house price inflation of 18.3%, between July 2017 and December 2024, for detached houses, in the West Berkshire local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 18.3% inflationary increase is applied to the most recent sale price for 2 MERSEY WAY of £556,500 on 3rd July 2017. For the value to have increased from £556,500 to £658,425 over the six years and seven months to December 2024, the following assumptions must hold true:

• The value of 2 MERSEY WAY has moved in line with the HPI for detached houses in the West Berkshire local authority area.
• The July 2017 sale price of £556,500 represented a fair market value for the property.
• The size, condition, and specification of 2 MERSEY WAY has not materially changed since July 2017.

How Large is 2 MERSEY WAY?

2 MERSEY WAY is 132m², which includes one extension, according to the EPC inspection conducted in April 2017. This puts it in the largest 30% of detached houses houses in Thatcham, based on EPC data. The below chart shows the distribution of detached houses houses by size in Thatcham, and where 2 MERSEY WAY lies on this distribution: 74% of detached houses houses are smaller than 2 MERSEY WAY, and 25% of houses are larger. Note that EPC data is not available for all properties in Thatcham.

2 MERSEY WAY: Plot and Title Map

2 MERSEY WAY sits on a plot of roughly 0.139 of an acre, or 561m². The below map shows the location of 2 MERSEY 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 2 MERSEY 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 2 MERSEY WAY?

2 MERSEY WAY is located in THATCHAM, in the RG18 postcode district. The below map shows the position of No. 2 on MERSEY WAY.