6, MERCURY WAY, ABBEYMEAD, GLOUCESTER, GL4 5LB - £163,000

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

6 MERCURY WAY is a very small detached house of 60m², built sometime between 1996 and 2002. It was last sold for £163,000 in September 2014, which was around 37% below the average September 2014 detached price in the Gloucester local authority area. The most recent EPC inspection was April 2009, where the current energy rating was C, and the potential energy rating was C.

6 MERCURY WAY Sold Prices

Land registry data shows six sales for 6 MERCURY WAY since 1^st January 1995. The below table shows the price paid for the six sales, along with the average detached price in the Gloucester local authority area for the corresponding sale date. All of the six 6 MERCURY WAY 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
2014 18 SEP	£163,000	£258,726	37% below HPI
2010 31 MAR	£145,000	£212,416	32% below HPI
2007 16 FEB	£159,995	£250,202	36% below HPI
2002 25 APR	£98,000	£151,257	35% below HPI
2000 20 DEC	£72,500	£127,588	43% below HPI
1998 30 JUN	£57,000	£88,572	36% below HPI

6 MERCURY WAY Price Paid vs. HPI Average

The below graph shows the average detached house price in the Gloucester local authority area over time, sourced from the HPI. The six 6 MERCURY WAY sales between June 1998 and September 2014 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 March 2010 sale was for 32% below the HPI. So the extrapolation line tracks at 32% below the HPI over time, until the September 2014 sale, where it falls to 37% below the HPI. The line then continues to track at 37% below the HPI.

How Large is 6 MERCURY WAY?

6 MERCURY WAY is 60m² according to the EPC inspection conducted in April 2009. This puts it in the smallest 10% of detached houses in Gloucester, based on EPC data. The below chart shows the distribution of detached houses by size in Gloucester, and where 6 MERCURY WAY lies on this distribution: 3% of detached houses are smaller than 6 MERCURY WAY, and 97% of houses are larger. Note that EPC data is not available for all properties in Gloucester.

6 MERCURY WAY: Plot and Title Map

6 MERCURY WAY sits on a plot of roughly 0.064 of an acre, or 261m². The below map shows the location of 6 MERCURY 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 6 MERCURY 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 6 MERCURY WAY?

6 MERCURY WAY is located in ABBEYMEAD, in the GL4 postcode district. The below map shows the position of No. 6 on MERCURY WAY.