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
41 MERCIA AVENUE is a small extended detached house of 100m², built sometime between 1983 and 1990. It was last sold for £280,000 in April 2017, which was around 43% below the average April 2017 detached price in the Test Valley local authority area. The most recent EPC inspection was February 2017, where the current energy rating was C, and the potential energy rating was B.
Land registry data shows three sales for 41 MERCIA AVENUE since 1st 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 41 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 |
---|---|---|---|
2017 28 APR | £280,000 | £488,430 | 43% below HPI |
2003 8 JUL | £174,250 | £301,108 | 42% below HPI |
2002 7 JUN | £140,000 | £246,371 | 43% below HPI |
The below graph shows the average detached house price in the Test Valley local authority area over time, sourced from the HPI. The three 41 MERCIA AVENUE sales between June 2002 and April 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 July 2003 sale was for 42% below the HPI. So the extrapolation line tracks at 42% below the HPI over time, until the April 2017 sale, where it falls to 43% below the HPI. The line then continues to track at 43% below the HPI.
41 MERCIA AVENUE is 100m², which includes two extensions, according to the EPC inspection conducted in February 2017. This puts it in the smallest 30% of detached houses in Charlton, based on EPC data. The below chart shows the distribution of detached houses by size in Charlton, and where 41 MERCIA AVENUE lies on this distribution: 25% of detached houses are smaller than 41 MERCIA AVENUE, and 73% of houses are larger. Note that EPC data is not available for all properties in Charlton.
41 MERCIA AVENUE sits on a plot of roughly 0.066 of an acre, or 266m². The below map shows the location of 41 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 41 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.
41 MERCIA AVENUE is located in CHARLTON, in the SP10 postcode district. The below map shows the position of No. 41 on MERCIA AVENUE.