15A, MERCER CLOSE, MALPAS, SY14 8QP - £260,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

15A MERCER CLOSE is a small detached house of 118m², built sometime between 2003 and 2006. It was last sold for £260,000 in December 2019, which was around 19% below the average December 2019 detached price in the Cheshire West and Chester local authority area. The most recent EPC inspection was September 2016, where the current energy rating was C, and the potential energy rating was B.

15A MERCER CLOSE Sold Prices

Land registry data shows three sales for 15A MERCER CLOSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Cheshire West and Chester local authority area for the corresponding sale date. Two of the three 15A MERCER CLOSE sales were for below the average price, whilst one was 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
2019 6 DEC	£260,000	£322,407	19% below HPI
2006 3 FEB	£250,000	£247,878	1% above HPI
2004 17 SEP	£96,000	£242,646	60% below HPI

15A MERCER CLOSE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Cheshire West and Chester local authority area over time, sourced from the HPI. The three 15A MERCER CLOSE sales between September 2004 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 February 2006 sale was for 1% above the HPI. So the extrapolation line tracks at 1% above the HPI over time, until the December 2019 sale, where it falls to 19% below the HPI. The line then continues to track at 19% below the HPI.

How Large is 15A MERCER CLOSE?

15A MERCER CLOSE is 118m² according to the EPC inspection conducted in September 2016. This puts it in the smallest 40% of detached houses in Malpas, based on EPC data. The below chart shows the distribution of detached houses by size in Malpas, and where 15A MERCER CLOSE lies on this distribution: 34% of detached houses are smaller than 15A MERCER CLOSE, and 66% of houses are larger. Note that EPC data is not available for all properties in Malpas.

15A MERCER CLOSE: Plot and Title Map

15A MERCER CLOSE sits on a plot of roughly 0.083 of an acre, or 335m². The below map shows the location of 15A MERCER 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 15A MERCER 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 15A MERCER CLOSE?

15A MERCER CLOSE is located in MALPAS, in the SY14 postcode district. The below map shows the position of No. 15A on MERCER CLOSE.