29, MERCER CLOSE, BASINGSTOKE, RG22 6NZ - £565,000

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

29 MERCER CLOSE is a very large detached house of 159m², built in 2022, which could now be worth an estimated £560,651. It was last sold for £565,000 in May 2023, which was around 12% below the average May 2023 detached price in the Basingstoke and Deane local authority area. The most recent EPC inspection was October 2022, where the current energy rating was B, and the potential energy rating was B.

29 MERCER CLOSE Sold Prices

Land registry data shows four sales for 29 MERCER 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 Basingstoke and Deane local authority area for the corresponding sale date. All of the four 29 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
2023 4 MAY	£565,000	£639,130	12% below HPI
2021 27 JAN	£265,000	£553,585	52% below HPI
2019 12 JUL	£450,000	£515,920	13% below HPI
1997 6 JUN	£105,000	£146,931	29% below HPI

29 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 four 29 MERCER CLOSE sales between June 1997 and May 2023 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 January 2021 sale was for 52% below the HPI. So the extrapolation line tracks at 52% below the HPI over time, until the May 2023 sale, where it rises to 12% below the HPI. The line then continues to track at 12% below the HPI.

What might 29 MERCER CLOSE be worth now?

29 MERCER CLOSE might now be worth an estimated £560,651.

This is based on house price deflation of 0.8%, between May 2023 and December 2024, for detached houses, in the Basingstoke and Deane local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 0.8% deflationary decrease is applied to the most recent sale price for 29 MERCER CLOSE of £565,000 on 4th May 2023. For the value to have decreased from £565,000 to £560,651 over the five months to December 2024, the following assumptions must hold true:

• The value of 29 MERCER CLOSE has moved in line with the HPI for detached houses in the Basingstoke and Deane local authority area.
• The May 2023 sale price of £565,000 represented a fair market value for the property.
• The size, condition, and specification of 29 MERCER CLOSE has not materially changed since May 2023.

How Large is 29 MERCER CLOSE?

29 MERCER CLOSE is 159m² according to the EPC inspection conducted in October 2022. This puts it in the largest 20% of detached houses houses in Basingstoke, based on EPC data. The below chart shows the distribution of detached houses houses by size in Basingstoke, and where 29 MERCER CLOSE lies on this distribution: 86% of detached houses houses are smaller than 29 MERCER CLOSE, and 14% of houses are larger. Note that EPC data is not available for all properties in Basingstoke.

29 MERCER CLOSE: Plot and Title Map

29 MERCER CLOSE sits on a plot of roughly 0.070 of an acre, or 283m². The below map shows the location of 29 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 29 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 29 MERCER CLOSE?

29 MERCER CLOSE is located in BASINGSTOKE, in the RG22 postcode district. The below map shows the position of No. 29 on MERCER CLOSE.