143, MERCER WAY, ROMSEY, SO51 7PN - £190,000

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.

143 MERCER WAY is a very small terraced house of 77m², built sometime between 1976 and 1982, which could now be worth an estimated £283,346. It was last sold for £190,000 in April 2015, which was around 3% below the average April 2015 terraced price in the Test Valley local authority area. The most recent EPC inspection was May 2015, where the current energy rating was C, and the potential energy rating was B.

143 MERCER WAY Sold Prices

Land registry data shows two sales for 143 MERCER WAY since 1^st January 1995. The below table shows the price paid for the two sales, along with the average terraced price in the Test Valley local authority area for the corresponding sale date. One of the two 143 MERCER WAY sales was for below the average price, whilst the other 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
2015 7 APR	£190,000	£195,244	3% below HPI
2004 27 FEB	£140,000	£132,847	5% above HPI

143 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 two 143 MERCER WAY sales from February 2004 and April 2015 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 February 2004 sale was for 5% above the HPI. So the extrapolation line tracks at 5% above the HPI over time, until the April 2015 sale, where it falls to 3% below the HPI. The line then continues to track at 3% below the HPI.

What might 143 MERCER WAY be worth now?

143 MERCER WAY might now be worth an estimated £283,346.

This is based on house price inflation of 49.1%, between April 2015 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 49.1% inflationary increase is applied to the most recent sale price for 143 MERCER WAY of £190,000 on 7th April 2015. For the value to have increased from £190,000 to £283,346 over the nine years and ten months to June 2025, the following assumptions must hold true:

• The value of 143 MERCER WAY has moved in line with the HPI for terraced houses in the Test Valley local authority area.
• The April 2015 sale price of £190,000 represented a fair market value for the property.
• The size, condition, and specification of 143 MERCER WAY has not materially changed since April 2015.

How Large is 143 MERCER WAY?

143 MERCER WAY is 77m² according to the EPC inspection conducted in May 2015. 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 143 MERCER WAY lies on this distribution: 6% of terraced houses houses are smaller than 143 MERCER WAY, and 93% of houses are larger. Note that EPC data is not available for all properties in Romsey.

143 MERCER WAY: Plot and Title Map

143 MERCER WAY sits on a plot of roughly 0.036 of an acre, or 147m². The below map shows the location of 143 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 143 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 143 MERCER WAY?

143 MERCER WAY is located in ROMSEY, in the SO51 postcode district. The below map shows the position of No. 143 on MERCER WAY.