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
2 MERCIAN CLOSE is a very small extended detached house of 67m², built sometime between 1967 and 1975. It was last sold for £153,000 in September 2011, which was around 46% below the average September 2011 detached price in the Cheshire East local authority area. The most recent EPC inspection was April 2011, where the current energy rating was E, and the potential energy rating was E.
Land registry data shows two sales for 2 MERCIAN CLOSE since 1st 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 2 MERCIAN CLOSE 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 |
---|---|---|---|
2011 28 SEP | £153,000 | £285,432 | 46% below HPI |
2009 18 SEP | £136,000 | £276,311 | 51% below HPI |
The below graph shows the average detached house price in the Cheshire East local authority area over time, sourced from the HPI. The two 2 MERCIAN CLOSE sales from September 2009 and September 2011 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 September 2009 sale was for 51% below the HPI. So the extrapolation line tracks at 51% below the HPI over time, until the September 2011 sale, where it rises to 46% below the HPI. The line then continues to track at 46% below the HPI.
2 MERCIAN CLOSE is 67m², which includes one extension, according to the EPC inspection conducted in April 2011. This puts it in the smallest 10% of detached houses in Shavington, based on EPC data. The below chart shows the distribution of detached houses by size in Shavington, and where 2 MERCIAN CLOSE lies on this distribution: 3% of detached houses are smaller than 2 MERCIAN CLOSE, and 97% of houses are larger. Note that EPC data is not available for all properties in Shavington.
2 MERCIAN CLOSE sits on a plot of roughly 0.111 of an acre, or 447m². The below map shows the location of 2 MERCIAN 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 2 MERCIAN 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.
2 MERCIAN CLOSE is located in SHAVINGTON, in the CW2 postcode district. The below map shows the position of No. 2 on MERCIAN CLOSE.