22, MERCER WAY, NANTWICH, CW5 5YD - £295,000

22 MERCER WAY is a small extended detached house of 115m², built sometime between 1983 and 1990. It was last sold for £295,000 in September 2020, which was around 24% below the average September 2020 detached price in the Cheshire East local authority area. The most recent EPC inspection was January 2020, where the current energy rating was C, and the potential energy rating was B.

22 MERCER WAY Sold Prices

Land registry data shows four sales for 22 MERCER WAY since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Cheshire East local authority area for the corresponding sale date. All of the four 22 MERCER WAY 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 18 SEP	£295,000	£387,479	24% below HPI
2013 29 NOV	£267,500	£291,946	8% below HPI
2006 13 APR	£240,000	£268,028	10% below HPI
1999 10 JUN	£109,000	£116,922	7% below HPI

22 MERCER WAY Price Paid vs. HPI Average

The below graph shows the average detached house price in the Cheshire East local authority area over time, sourced from the HPI. The four 22 MERCER WAY sales between June 1999 and September 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 November 2013 sale was for 8% below the HPI. So the extrapolation line tracks at 8% below the HPI over time, until the September 2020 sale, where it falls to 24% below the HPI. The line then continues to track at 24% below the HPI.

How Large is 22 MERCER WAY?

22 MERCER WAY is 115m², which includes one extension, according to the EPC inspection conducted in January 2020. This puts it in the smallest 40% of detached houses in Nantwich, based on EPC data. The below chart shows the distribution of detached houses by size in Nantwich, and where 22 MERCER WAY lies on this distribution: 39% of detached houses are smaller than 22 MERCER WAY, and 59% of houses are larger. Note that EPC data is not available for all properties in Nantwich.

22 MERCER WAY: Plot and Title Map

22 MERCER WAY sits on a plot of roughly 0.080 of an acre, or 325m². The below map shows the location of 22 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 22 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 22 MERCER WAY?

22 MERCER WAY is located in NANTWICH, in the CW5 postcode district. The below map shows the position of No. 22 on MERCER WAY.