57, MERCERS WAY, SWORDY PARK, ALNWICK, NE66 1DE - £342,500

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

57 MERCERS WAY is a midsized detached house of 113m², built in 2016. It was last sold for £342,500 in April 2024, which was around 9% above the average April 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.

57 MERCERS WAY Sold Prices

Land registry data shows two sales for 57 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 57 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 10 APR	£342,500	£315,049	9% above HPI
2021 10 DEC	£294,995	£284,168	4% above HPI

57 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 57 MERCERS WAY sales from December 2021 and April 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 4% above the HPI. So the extrapolation line tracks at 4% above the HPI over time, until the April 2024 sale, where it rises to 9% above the HPI. The line then continues to track at 9% above the HPI.

How Large is 57 MERCERS WAY?

57 MERCERS WAY is 113m² according to the EPC inspection conducted in October 2021. This puts it in the largest 50% of detached houses in Alnwick, based on EPC data. The below chart shows the distribution of detached houses by size in Alnwick, and where 57 MERCERS WAY lies on this distribution: 46% of detached houses are smaller than 57 MERCERS WAY, and 50% of houses are larger. Note that EPC data is not available for all properties in Alnwick.

57 MERCERS WAY: Plot and Title Map

57 MERCERS WAY sits on a plot of roughly 0.123 of an acre, or 498m². The below map shows the location of 57 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 57 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 57 MERCERS WAY?

57 MERCERS WAY is located in SWORDY PARK, in the NE66 postcode district. The below map shows the position of No. 57 on MERCERS WAY.