32, MERCER ROAD, BILLERICAY, CM11 1EP - £550,000

32 MERCER ROAD is a midsized extended detached house of 130m², built sometime between 1967 and 1975. It was last sold for £550,000 in May 2016, which was around 12% above the average May 2016 detached price in the Basildon local authority area. The most recent EPC inspection was November 2012, where the current energy rating was D, and the potential energy rating was C.

32 MERCER ROAD Sold Prices

Land registry data shows three sales for 32 MERCER ROAD since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Basildon local authority area for the corresponding sale date. All of the three 32 MERCER ROAD 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
2016 20 MAY	£550,000	£491,479	12% above HPI
2010 29 SEP	£360,000	£348,366	3% above HPI
2006 10 NOV	£420,000	£321,421	31% above HPI

32 MERCER ROAD Price Paid vs. HPI Average

The below graph shows the average detached house price in the Basildon local authority area over time, sourced from the HPI. The three 32 MERCER ROAD sales between November 2006 and May 2016 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 2010 sale was for 3% above the HPI. So the extrapolation line tracks at 3% above the HPI over time, until the May 2016 sale, where it rises to 12% above the HPI. The line then continues to track at 12% above the HPI.

How Large is 32 MERCER ROAD?

32 MERCER ROAD is 130m², which includes one extension, according to the EPC inspection conducted in November 2012. This puts it in the smallest 50% of detached houses in Billericay, based on EPC data. The below chart shows the distribution of detached houses by size in Billericay, and where 32 MERCER ROAD lies on this distribution: 46% of detached houses are smaller than 32 MERCER ROAD, and 53% of houses are larger. Note that EPC data is not available for all properties in Billericay.

32 MERCER ROAD: Plot and Title Map

32 MERCER ROAD sits on a plot of roughly 0.080 of an acre, or 322m². The below map shows the location of 32 MERCER 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 32 MERCER 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 32 MERCER ROAD?

32 MERCER ROAD is located in BILLERICAY, in the CM11 postcode district. The below map shows the position of No. 32 on MERCER ROAD.