11, MERCER WAY, ROMSEY, SO51 7PH - £258,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

11 MERCER WAY is a very small terraced house of 77m², built sometime between 1976 and 1982, which could now be worth an estimated £318,846. It was last sold for £258,000 in November 2019, which was around 10% above the average November 2019 terraced price in the Test Valley local authority area. The most recent EPC inspection was April 2016, where the current energy rating was C, and the potential energy rating was B.

11 MERCER WAY Sold Prices

Land registry data shows five sales for 11 MERCER WAY since 1^st January 1995. The below table shows the price paid for the five sales, along with the average terraced price in the Test Valley local authority area for the corresponding sale date. Most of the five 11 MERCER 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
2019 25 NOV	£258,000	£235,602	10% above HPI
2016 20 DEC	£230,000	£217,058	6% above HPI
2007 12 SEP	£179,950	£175,081	3% above HPI
2003 29 APR	£140,000	£127,389	10% above HPI
2000 28 APR	£74,950	£79,749	6% below HPI

11 MERCER WAY Price Paid vs. HPI Average

The below graph shows the average terraced house price in the Test Valley local authority area over time, sourced from the HPI. The five 11 MERCER WAY sales between April 2000 and November 2019 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 2016 sale was for 6% above the HPI. So the extrapolation line tracks at 6% above the HPI over time, until the November 2019 sale, where it rises to 10% above the HPI. The line then continues to track at 10% above the HPI.

What might 11 MERCER WAY be worth now?

11 MERCER WAY might now be worth an estimated £318,846.

This is based on house price inflation of 23.6%, between November 2019 and June 2025, for terraced houses, in the Test Valley local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 23.6% inflationary increase is applied to the most recent sale price for 11 MERCER WAY of £258,000 on 25th November 2019. For the value to have increased from £258,000 to £318,846 over the six years and five months to June 2025, the following assumptions must hold true:

• The value of 11 MERCER WAY has moved in line with the HPI for terraced houses in the Test Valley local authority area.
• The November 2019 sale price of £258,000 represented a fair market value for the property.
• The size, condition, and specification of 11 MERCER WAY has not materially changed since November 2019.

How Large is 11 MERCER WAY?

11 MERCER WAY is 77m² according to the EPC inspection conducted in April 2016. This puts it in the smallest 10% of terraced houses houses in Romsey, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Romsey, and where 11 MERCER WAY lies on this distribution: 6% of terraced houses houses are smaller than 11 MERCER WAY, and 93% of houses are larger. Note that EPC data is not available for all properties in Romsey.

11 MERCER WAY: Plot and Title Map

11 MERCER WAY sits on a plot of roughly 0.032 of an acre, or 128m². The below map shows the location of 11 MERCER 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 11 MERCER 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 11 MERCER WAY?

11 MERCER WAY is located in ROMSEY, in the SO51 postcode district. The below map shows the position of No. 11 on MERCER WAY.