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

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

2 MERSEY WAY is a large extended detached house of 132m², built sometime between 1976 and 1982. It was last sold for £556,500 in July 2017, which was around 2% 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	£567,695	2% below HPI
2011 5 AUG	£277,500	£406,366	32% 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 32% below the HPI. So the extrapolation line tracks at 32% below the HPI over time, until the July 2017 sale, where it rises to 2% below the HPI. The line then continues to track at 2% below the HPI.

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 in Thatcham, based on EPC data. The below chart shows the distribution of detached houses by size in Thatcham, and where 2 MERSEY WAY lies on this distribution: 74% of detached 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.