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
7 MERCER CLOSE is a large detached house of 141m², built in 2019. It was last sold for £450,000 in January 2024, which was around 1% above the average January 2024 detached price in the Swindon local authority area. The most recent EPC inspection was August 2021, where the current energy rating was B, and the potential energy rating was A.
Land registry data shows two sales for 7 MERCER CLOSE since 1st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Swindon local authority area for the corresponding sale date. Both of the two 7 MERCER CLOSE 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 5 JAN | £450,000 | £446,461 | 1% above HPI |
2021 17 SEP | £417,000 | £398,693 | 5% above HPI |
The below graph shows the average detached house price in the Swindon local authority area over time, sourced from the HPI. The two 7 MERCER CLOSE sales from September 2021 and January 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 September 2021 sale was for 5% above the HPI. So the extrapolation line tracks at 5% above the HPI over time, until the January 2024 sale, where it falls to 1% above the HPI. The line then continues to track at 1% above the HPI.
7 MERCER CLOSE is 141m² according to the EPC inspection conducted in August 2021. This puts it in the largest 30% of detached houses in Swindon, based on EPC data. The below chart shows the distribution of detached houses by size in Swindon, and where 7 MERCER CLOSE lies on this distribution: 74% of detached houses are smaller than 7 MERCER CLOSE, and 25% of houses are larger. Note that EPC data is not available for all properties in Swindon.
7 MERCER CLOSE sits on a plot of roughly 0.073 of an acre, or 294m². The below map shows the location of 7 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 7 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.
7 MERCER CLOSE is located in TADPOLE GARDEN VILLAGE, in the SN25 postcode district. The below map shows the position of No. 7 on MERCER CLOSE.