16, MERCER CLOSE, MAIDENBOWER, CRAWLEY, RH10 7HZ - £485,000

16 MERCER CLOSE is a small extended detached house of 108m², built sometime between 1991 and 1995. It was last sold for £485,000 in March 2020, which was around 12% below the average March 2020 detached price in the Crawley local authority area. The most recent EPC inspection was October 2019, where the current energy rating was D, and the potential energy rating was C.

16 MERCER CLOSE Sold Prices

Land registry data shows three sales for 16 MERCER CLOSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Crawley local authority area for the corresponding sale date. All of the three 16 MERCER CLOSE 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
2020 26 MAR	£485,000	£551,585	12% below HPI
2005 30 SEP	£296,000	£320,362	8% below HPI
2002 20 JUN	£229,950	£262,267	12% below HPI

16 MERCER CLOSE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Crawley local authority area over time, sourced from the HPI. The three 16 MERCER CLOSE sales between June 2002 and March 2020 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 2005 sale was for 8% below the HPI. So the extrapolation line tracks at 8% below the HPI over time, until the March 2020 sale, where it falls to 12% below the HPI. The line then continues to track at 12% below the HPI.

How Large is 16 MERCER CLOSE?

16 MERCER CLOSE is 108m², which includes one extension, according to the EPC inspection conducted in October 2019. This puts it in the smallest 40% of detached houses in Crawley, based on EPC data. The below chart shows the distribution of detached houses by size in Crawley, and where 16 MERCER CLOSE lies on this distribution: 39% of detached houses are smaller than 16 MERCER CLOSE, and 60% of houses are larger. Note that EPC data is not available for all properties in Crawley.

16 MERCER CLOSE: Plot and Title Map

16 MERCER CLOSE sits on a plot of roughly 0.072 of an acre, or 291m². The below map shows the location of 16 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 16 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.

Where is 16 MERCER CLOSE?

16 MERCER CLOSE is located in MAIDENBOWER, in the RH10 postcode district. The below map shows the position of No. 16 on MERCER CLOSE.