74, MERSEY WAY, THATCHAM, RG18 3DL - £395,000

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

74 MERSEY WAY is a very large extended detached house of 143m², built sometime between 1976 and 1982. It was last sold for £395,000 in February 2021, which was around 32% below the average February 2021 detached price in the West Berkshire local authority area. The most recent EPC inspection was March 2011, where the current energy rating was D, and the potential energy rating was C.

74 MERSEY WAY Sold Prices

Land registry data shows five sales for 74 MERSEY WAY since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the West Berkshire local authority area for the corresponding sale date. All of the five 74 MERSEY 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
2021 5 FEB	£395,000	£583,808	32% below HPI
2011 19 SEP	£286,500	£408,882	30% below HPI
2004 2 MAR	£256,800	£328,287	22% below HPI
2002 22 MAR	£211,200	£279,142	24% below HPI
2000 11 MAY	£180,000	£232,001	22% below HPI

74 MERSEY WAY Price Paid vs. HPI Average

The below graph shows the average detached house price in the West Berkshire local authority area over time, sourced from the HPI. The five 74 MERSEY WAY sales between May 2000 and February 2021 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 2011 sale was for 30% below the HPI. So the extrapolation line tracks at 30% below the HPI over time, until the February 2021 sale, where it falls to 32% below the HPI. The line then continues to track at 32% below the HPI.

How Large is 74 MERSEY WAY?

74 MERSEY WAY is 143m², which includes two extensions, according to the EPC inspection conducted in March 2011. This puts it in the largest 20% of detached houses in Thatcham, based on EPC data. The below chart shows the distribution of detached houses by size in Thatcham, and where 74 MERSEY WAY lies on this distribution: 81% of detached houses are smaller than 74 MERSEY WAY, and 19% of houses are larger. Note that EPC data is not available for all properties in Thatcham.

74 MERSEY WAY: Plot and Title Map

74 MERSEY WAY sits on a plot of roughly 0.076 of an acre, or 309m². The below map shows the location of 74 MERSEY 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 74 MERSEY 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 74 MERSEY WAY?

74 MERSEY WAY is located in THATCHAM, in the RG18 postcode district. The below map shows the position of No. 74 on MERSEY WAY.