18, MERE CLOSE, PICKMERE, KNUTSFORD, WA16 0JR - £495,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

18 MERE CLOSE is a midsized extended detached house of 168m², built sometime between 1950 and 1966, which could now be worth an estimated £537,129. It was last sold for £495,000 in March 2023, which was around 12% above the average March 2023 detached price in the Cheshire East local authority area. The most recent EPC inspection was June 2021, where the current energy rating was D, and the potential energy rating was C.

18 MERE CLOSE Sold Prices

Land registry data shows two sales for 18 MERE CLOSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Cheshire East local authority area for the corresponding sale date. Both of the two 18 MERE CLOSE sales were 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
2023 10 MAR	£495,000	£442,625	12% above HPI
2010 29 OCT	£327,500	£291,658	12% above HPI

18 MERE CLOSE 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 two 18 MERE CLOSE sales from October 2010 and March 2023 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 2010 sale was for 12% above the HPI. So the extrapolation line tracks at 12% above the HPI over time, until the March 2023 sale, which was also at 12% above the HPI.

What might 18 MERE CLOSE be worth now?

18 MERE CLOSE might now be worth an estimated £537,129.

This is based on house price inflation of 8.5%, between March 2023 and December 2024, for detached houses, in the Cheshire East local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 8.5% inflationary increase is applied to the most recent sale price for 18 MERE CLOSE of £495,000 on 10th March 2023. For the value to have increased from £495,000 to £537,129 over the three months to December 2024, the following assumptions must hold true:

• The value of 18 MERE CLOSE has moved in line with the HPI for detached houses in the Cheshire East local authority area.
• The March 2023 sale price of £495,000 represented a fair market value for the property.
• The size, condition, and specification of 18 MERE CLOSE has not materially changed since March 2023.

How Large is 18 MERE CLOSE?

18 MERE CLOSE is 168m², which includes three extensions, according to the EPC inspection conducted in June 2021. This puts it in the largest 50% of detached houses houses in Pickmere, based on EPC data. The below chart shows the distribution of detached houses houses by size in Pickmere, and where 18 MERE CLOSE lies on this distribution: 57% of detached houses houses are smaller than 18 MERE CLOSE, and 43% of houses are larger. Note that EPC data is not available for all properties in Pickmere.

18 MERE CLOSE: Plot and Title Map

18 MERE CLOSE sits on a plot of roughly 0.082 of an acre, or 331m². The below map shows the location of 18 MERE 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 18 MERE 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 18 MERE CLOSE?

18 MERE CLOSE is located in PICKMERE, in the WA16 postcode district. The below map shows the position of No. 18 on MERE CLOSE.