7, MERCIA ROAD, WINCHCOMBE, CHELTENHAM, GL54 5QD - £249,000

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

7 MERCIA ROAD is a very large extended detached house of 160m², built sometime between 1950 and 1966. It was last sold for £249,000 in November 2010, which was around 17% below the average November 2010 detached price in the Tewkesbury local authority area. The most recent EPC inspection was September 2015, where the current energy rating was E, and the potential energy rating was C.

7 MERCIA ROAD Sold Prices

Land registry data shows three sales for 7 MERCIA ROAD since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Tewkesbury local authority area for the corresponding sale date. Two of the three 7 MERCIA ROAD sales were for below the average price, whilst one was 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
2010 26 NOV	£249,000	£299,049	17% below HPI
2001 3 MAY	£192,500	£173,712	11% above HPI
1995 20 OCT	£85,000	£97,710	13% below HPI

7 MERCIA ROAD Price Paid vs. HPI Average

The below graph shows the average detached house price in the Tewkesbury local authority area over time, sourced from the HPI. The three 7 MERCIA ROAD sales between October 1995 and November 2010 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 May 2001 sale was for 11% above the HPI. So the extrapolation line tracks at 11% above the HPI over time, until the November 2010 sale, where it falls to 17% below the HPI. The line then continues to track at 17% below the HPI.

How Large is 7 MERCIA ROAD?

7 MERCIA ROAD is 160m², which includes one extension, according to the EPC inspection conducted in September 2015. This puts it in the largest 20% of detached houses in Winchcombe, based on EPC data. The below chart shows the distribution of detached houses by size in Winchcombe, and where 7 MERCIA ROAD lies on this distribution: 81% of detached houses are smaller than 7 MERCIA ROAD, and 19% of houses are larger. Note that EPC data is not available for all properties in Winchcombe.

7 MERCIA ROAD: Plot and Title Map

7 MERCIA ROAD sits on a plot of roughly 0.116 of an acre, or 468m². The below map shows the location of 7 MERCIA ROAD, 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 MERCIA ROAD). 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 7 MERCIA ROAD?

7 MERCIA ROAD is located in WINCHCOMBE, in the GL54 postcode district. The below map shows the position of No. 7 on MERCIA ROAD.