5, MERCIA AVENUE, CROPWELL BISHOP, NOTTINGHAM, NG12 3DQ - £210,000

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.

5 MERCIA AVENUE is a very small extended semi-detached house of 72m², built sometime between 1967 and 1975, which could now be worth an estimated £250,270. It was last sold for £210,000 in July 2021, which was around 20% below the average July 2021 semi-detached price in the Rushcliffe local authority area. The most recent EPC inspection was June 2021, where the current energy rating was D, and the potential energy rating was B.

5 MERCIA AVENUE Sold Prices

Land registry data shows two sales for 5 MERCIA AVENUE 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 Rushcliffe local authority area for the corresponding sale date. Both of the two 5 MERCIA AVENUE 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
2021 30 JUL	£210,000	£261,109	20% below HPI
2005 16 DEC	£140,000	£166,134	16% below HPI

5 MERCIA AVENUE Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Rushcliffe local authority area over time, sourced from the HPI. The two 5 MERCIA AVENUE sales from December 2005 and July 2021 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 December 2005 sale was for 16% below the HPI. So the extrapolation line tracks at 16% below the HPI over time, until the July 2021 sale, where it falls to 20% below the HPI. The line then continues to track at 20% below the HPI.

What might 5 MERCIA AVENUE be worth now?

5 MERCIA AVENUE might now be worth an estimated £250,270.

This is based on house price inflation of 19.2%, between July 2021 and February 2025, for semi-detached houses, in the Rushcliffe local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 19.2% inflationary increase is applied to the most recent sale price for 5 MERCIA AVENUE of £210,000 on 30th July 2021. For the value to have increased from £210,000 to £250,270 over the four years and five months to February 2025, the following assumptions must hold true:

• The value of 5 MERCIA AVENUE has moved in line with the HPI for semi-detached houses in the Rushcliffe local authority area.
• The July 2021 sale price of £210,000 represented a fair market value for the property.
• The size, condition, and specification of 5 MERCIA AVENUE has not materially changed since July 2021.

How Large is 5 MERCIA AVENUE?

5 MERCIA AVENUE is 72m², which includes one extension, according to the EPC inspection conducted in June 2021. This puts it in the smallest 10% of semi-detached houses houses in Cropwell Bishop, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Cropwell Bishop, and where 5 MERCIA AVENUE lies on this distribution: 4% of semi-detached houses houses are smaller than 5 MERCIA AVENUE, and 96% of houses are larger. Note that EPC data is not available for all properties in Cropwell Bishop.

5 MERCIA AVENUE: Plot and Title Map

5 MERCIA AVENUE sits on a plot of roughly 0.058 of an acre, or 236m². The below map shows the location of 5 MERCIA AVENUE, 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 5 MERCIA AVENUE). 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 5 MERCIA AVENUE?

5 MERCIA AVENUE is located in CROPWELL BISHOP, in the NG12 postcode district. The below map shows the position of No. 5 on MERCIA AVENUE.