45, MERCIA CLOSE, HATTON, DERBY, DE65 5DR - £127,500

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.

45 MERCIA CLOSE is a very small extended terraced house of 68m², built sometime between 1950 and 1966, which could now be worth an estimated £170,115. It was last sold for £127,500 in December 2019, which was around 11% below the average December 2019 terraced price in the South Derbyshire local authority area. The most recent EPC inspection was January 2011, where the current energy rating was C, and the potential energy rating was C.

45 MERCIA CLOSE Sold Prices

Land registry data shows five sales for 45 MERCIA CLOSE since 1^st January 1995. The below table shows the price paid for the five sales, along with the average terraced price in the South Derbyshire local authority area for the corresponding sale date. The five 45 MERCIA CLOSE sales were a mix of below the average price, and roughly equal to 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
2019 20 DEC	£127,500	£143,348	11% below HPI
2011 11 APR	£108,000	£107,942	Close to HPI
2001 12 SEP	£37,950	£51,533	26% below HPI
2001 31 JUL	£37,500	£50,356	26% below HPI
1999 19 FEB	£37,000	£40,495	9% below HPI

45 MERCIA CLOSE Price Paid vs. HPI Average

The below graph shows the average terraced house price in the South Derbyshire local authority area over time, sourced from the HPI. The five 45 MERCIA CLOSE sales between February 1999 and December 2019 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 2011 sale roughly matched the HPI. So the extrapolation line tracks roughly in line with the HPI over time, until the December 2019 sale, where it falls to 11% below the HPI. The line then continues to track at 11% below the HPI.

What might 45 MERCIA CLOSE be worth now?

45 MERCIA CLOSE might now be worth an estimated £170,115.

This is based on house price inflation of 33.4%, between December 2019 and May 2026, for terraced houses, in the South Derbyshire local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 33.4% inflationary increase is applied to the most recent sale price for 45 MERCIA CLOSE of £127,500 on 20th December 2019. For the value to have increased from £127,500 to £170,115 over the seven years and seven months to May 2026, the following assumptions must hold true:

• The value of 45 MERCIA CLOSE has moved in line with the HPI for terraced houses in the South Derbyshire local authority area.
• The December 2019 sale price of £127,500 represented a fair market value for the property.
• The size, condition, and specification of 45 MERCIA CLOSE has not materially changed since December 2019.

How Large is 45 MERCIA CLOSE?

45 MERCIA CLOSE is 68m², which includes one extension, according to the EPC inspection conducted in January 2011. This puts it in the smallest 20% of terraced houses houses in Hatton, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Hatton, and where 45 MERCIA CLOSE lies on this distribution: 14% of terraced houses houses are smaller than 45 MERCIA CLOSE, and 86% of houses are larger. Note that EPC data is not available for all properties in Hatton.

45 MERCIA CLOSE: Plot and Title Map

45 MERCIA CLOSE sits on a plot of roughly 0.031 of an acre, or 126m². The below map shows the location of 45 MERCIA 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 45 MERCIA 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 45 MERCIA CLOSE?

45 MERCIA CLOSE is located in HATTON, in the DE65 postcode district. The below map shows the position of No. 45 on MERCIA CLOSE.