24, MERCIAN ROAD, THAME, OX9 2FT - £505,000

24 MERCIAN ROAD is a very small detached house of 89m². It was last sold for £505,000 in October 2020, which was around 30% below the average October 2020 detached price in the South Oxfordshire local authority area. The most recent EPC inspection was April 2019, where the current energy rating was B, and the potential energy rating was A.

24 MERCIAN ROAD Sold Prices

Land registry data shows two sales for 24 MERCIAN ROAD since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the South Oxfordshire local authority area for the corresponding sale date. Both of the two 24 MERCIAN ROAD 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 22 OCT	£505,000	£721,126	30% below HPI
2019 30 APR	£480,000	£657,612	27% below HPI

24 MERCIAN ROAD Price Paid vs. HPI Average

The below graph shows the average detached house price in the South Oxfordshire local authority area over time, sourced from the HPI. The two 24 MERCIAN ROAD sales from April 2019 and October 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 April 2019 sale was for 27% below the HPI. So the extrapolation line tracks at 27% below the HPI over time, until the October 2020 sale, where it falls to 30% below the HPI. The line then continues to track at 30% below the HPI.

How Large is 24 MERCIAN ROAD?

24 MERCIAN ROAD is 89m² according to the EPC inspection conducted in April 2019. This puts it in the smallest 20% of detached houses in Thame, based on EPC data. The below chart shows the distribution of detached houses by size in Thame, and where 24 MERCIAN ROAD lies on this distribution: 18% of detached houses are smaller than 24 MERCIAN ROAD, and 81% of houses are larger. Note that EPC data is not available for all properties in Thame.

24 MERCIAN ROAD: Plot and Title Map

24 MERCIAN ROAD sits on a plot of roughly 0.077 of an acre, or 313m². The below map shows the location of 24 MERCIAN 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 24 MERCIAN 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 24 MERCIAN ROAD?

24 MERCIAN ROAD is located in THAME, in the OX9 postcode district. The below map shows the position of No. 24 on MERCIAN ROAD.