Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources
16 MERTON DRIVE is a large extended detached house of 131m², built sometime between 1950 and 1966. It was last sold for £400,000 in June 2022, which was around 2% above the average June 2022 detached price in the Cheshire West and Chester local authority area. The most recent EPC inspection was June 2012, where the current energy rating was D, and the potential energy rating was C.
Land registry data shows two sales for 16 MERTON DRIVE since 1st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Cheshire West and Chester local authority area for the corresponding sale date. One of the two 16 MERTON DRIVE sales was for above the average price, whilst the other was 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 |
---|---|---|---|
2022 10 JUN | £400,000 | £392,865 | 2% above HPI |
2012 4 OCT | £210,000 | £253,128 | 17% below HPI |
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 two 16 MERTON DRIVE sales from October 2012 and June 2022 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 October 2012 sale was for 17% below the HPI. So the extrapolation line tracks at 17% below the HPI over time, until the June 2022 sale, where it rises to 2% above the HPI. The line then continues to track at 2% above the HPI.
16 MERTON DRIVE is 131m², which includes two extensions, according to the EPC inspection conducted in June 2012. This puts it in the largest 40% of detached houses in Chester, based on EPC data. The below chart shows the distribution of detached houses by size in Chester, and where 16 MERTON DRIVE lies on this distribution: 65% of detached houses are smaller than 16 MERTON DRIVE, and 34% of houses are larger. Note that EPC data is not available for all properties in Chester.
16 MERTON DRIVE sits on a plot of roughly 0.094 of an acre, or 379m². The below map shows the location of 16 MERTON DRIVE, 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 16 MERTON DRIVE). 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.
16 MERTON DRIVE is located in CHESTER, in the CH4 postcode district. The below map shows the position of No. 16 on MERTON DRIVE.