27, MERCER WAY, TETBURY, GL8 8FH - £460,000

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.

27 MERCER WAY is a small semi-detached house of 114m², which could now be worth an estimated £576,300. It was last sold for £460,000 in July 2020, which was around 37% above the average July 2020 semi-detached price in the Cotswold local authority area. The most recent EPC inspection was September 2017, where the current energy rating was B, and the potential energy rating was A.

27 MERCER WAY Sold Prices

Land registry data shows two sales for 27 MERCER WAY since 1^st January 1995. The below table shows the price paid for the two sales, along with the average semi-detached price in the Cotswold local authority area for the corresponding sale date. Both of the two 27 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
2020 16 JUL	£460,000	£334,981	37% above HPI
2017 29 SEP	£429,500	£310,318	38% above HPI

27 MERCER WAY Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Cotswold local authority area over time, sourced from the HPI. The two 27 MERCER WAY sales from September 2017 and July 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 2017 sale was for 38% above the HPI. So the extrapolation line tracks at 38% above the HPI over time, until the July 2020 sale, where it falls to 37% above the HPI. The line then continues to track at 37% above the HPI.

What might 27 MERCER WAY be worth now?

27 MERCER WAY might now be worth an estimated £576,300.

This is based on house price inflation of 25.3%, between July 2020 and July 2025, for semi-detached houses, in the Cotswold local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 25.3% inflationary increase is applied to the most recent sale price for 27 MERCER WAY of £460,000 on 16th July 2020. For the value to have increased from £460,000 to £576,300 over the five years to July 2025, the following assumptions must hold true:

• The value of 27 MERCER WAY has moved in line with the HPI for semi-detached houses in the Cotswold local authority area.
• The July 2020 sale price of £460,000 represented a fair market value for the property.
• The size, condition, and specification of 27 MERCER WAY has not materially changed since July 2020.

How Large is 27 MERCER WAY?

27 MERCER WAY is 114m² according to the EPC inspection conducted in September 2017. This puts it in the smallest 40% of semi-detached houses houses in Tetbury, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Tetbury, and where 27 MERCER WAY lies on this distribution: 39% of semi-detached houses houses are smaller than 27 MERCER WAY, and 61% of houses are larger. Note that EPC data is not available for all properties in Tetbury.

27 MERCER WAY: Plot and Title Map

27 MERCER WAY sits on a plot of roughly 0.067 of an acre, or 273m². The below map shows the location of 27 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 27 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 27 MERCER WAY?

27 MERCER WAY is located in TETBURY, in the GL8 postcode district. The below map shows the position of No. 27 on MERCER WAY.