55, MERCERS WAY, SWORDY PARK, ALNWICK, NE66 1DE - £375,000

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

55 MERCERS WAY is a midsized detached house of 126m², built in 2016. It was last sold for £375,000 in May 2024, which was around 14% above the average May 2024 detached price in the Northumberland local authority area. The most recent EPC inspection was October 2021, where the current energy rating was B, and the potential energy rating was A.

55 MERCERS WAY Sold Prices

Land registry data shows two sales for 55 MERCERS 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 Northumberland local authority area for the corresponding sale date. Both of the two 55 MERCERS WAY sales were for above 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
2024 20 MAY	£375,000	£329,302	14% above HPI
2021 3 DEC	£288,995	£284,168	2% above HPI

55 MERCERS WAY Price Paid vs. HPI Average

The below graph shows the average detached house price in the Northumberland local authority area over time, sourced from the HPI. The two 55 MERCERS WAY sales from December 2021 and May 2024 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 December 2021 sale was for 2% above the HPI. So the extrapolation line tracks at 2% above the HPI over time, until the May 2024 sale, where it rises to 14% above the HPI. The line then continues to track at 14% above the HPI.

How Large is 55 MERCERS WAY?

55 MERCERS WAY is 126m² according to the EPC inspection conducted in October 2021. This puts it in the largest 40% of detached houses in Alnwick, based on EPC data. The below chart shows the distribution of detached houses by size in Alnwick, and where 55 MERCERS WAY lies on this distribution: 58% of detached houses are smaller than 55 MERCERS WAY, and 39% of houses are larger. Note that EPC data is not available for all properties in Alnwick.

55 MERCERS WAY: Plot and Title Map

55 MERCERS WAY sits on a plot of roughly 0.116 of an acre, or 468m². The below map shows the location of 55 MERCERS 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 55 MERCERS 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 55 MERCERS WAY?

55 MERCERS WAY is located in SWORDY PARK, in the NE66 postcode district. The below map shows the position of No. 55 on MERCERS WAY.