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

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

29 MERCER CLOSE is a very large detached house of 159m², built in 2022. It was last sold for £565,000 in May 2023, which was around 8% 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	£614,048	8% below HPI
2021 27 JAN	£265,000	£531,860	50% below HPI
2019 12 JUL	£450,000	£495,673	9% below HPI
1997 6 JUN	£105,000	£141,165	26% 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 50% below the HPI. So the extrapolation line tracks at 50% below the HPI over time, until the May 2023 sale, where it rises to 8% below the HPI. The line then continues to track at 8% below the HPI.

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 in Basingstoke, based on EPC data. The below chart shows the distribution of detached houses by size in Basingstoke, and where 29 MERCER CLOSE lies on this distribution: 86% of detached 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 0.079 of an acre, or 320m². 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.