2, MEVRIL SPRINGS WAY, WHALEY BRIDGE, HIGH PEAK, SK23 7GZ - £330,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

2 MEVRIL SPRINGS WAY is a small detached house of 101m², built sometime between 1996 and 2002, which could now be worth an estimated £463,616. It was last sold for £330,000 in February 2019, which was around 3% above the average February 2019 detached price in the High Peak local authority area. The most recent EPC inspection was November 2018, where the current energy rating was D, and the potential energy rating was B.

2 MEVRIL SPRINGS WAY Sold Prices

Land registry data shows three sales for 2 MEVRIL SPRINGS WAY since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the High Peak local authority area for the corresponding sale date. All of the three 2 MEVRIL SPRINGS WAY 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
2019 1 FEB	£330,000	£320,955	3% above HPI
2005 4 MAR	£249,950	£226,060	11% above HPI
2004 23 JUL	£249,500	£216,651	15% above HPI

2 MEVRIL SPRINGS WAY Price Paid vs. HPI Average

The below graph shows the average detached house price in the High Peak local authority area over time, sourced from the HPI. The three 2 MEVRIL SPRINGS WAY sales between July 2004 and February 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 March 2005 sale was for 11% above the HPI. So the extrapolation line tracks at 11% above the HPI over time, until the February 2019 sale, where it falls to 3% above the HPI. The line then continues to track at 3% above the HPI.

What might 2 MEVRIL SPRINGS WAY be worth now?

2 MEVRIL SPRINGS WAY might now be worth an estimated £463,616.

This is based on house price inflation of 40.5%, between February 2019 and February 2025, for detached houses, in the High Peak local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 40.5% inflationary increase is applied to the most recent sale price for 2 MEVRIL SPRINGS WAY of £330,000 on 1st February 2019. For the value to have increased from £330,000 to £463,616 over the six years to February 2025, the following assumptions must hold true:

• The value of 2 MEVRIL SPRINGS WAY has moved in line with the HPI for detached houses in the High Peak local authority area.
• The February 2019 sale price of £330,000 represented a fair market value for the property.
• The size, condition, and specification of 2 MEVRIL SPRINGS WAY has not materially changed since February 2019.

How Large is 2 MEVRIL SPRINGS WAY?

2 MEVRIL SPRINGS WAY is 101m² according to the EPC inspection conducted in November 2018. This puts it in the smallest 30% of detached houses houses in Whaley Bridge, based on EPC data. The below chart shows the distribution of detached houses houses by size in Whaley Bridge, and where 2 MEVRIL SPRINGS WAY lies on this distribution: 21% of detached houses houses are smaller than 2 MEVRIL SPRINGS WAY, and 78% of houses are larger. Note that EPC data is not available for all properties in Whaley Bridge.

2 MEVRIL SPRINGS WAY: Plot and Title Map

2 MEVRIL SPRINGS WAY sits on a plot of roughly 3.8 acres, or 15,243m². The below map shows the location of 2 MEVRIL SPRINGS 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 2 MEVRIL SPRINGS 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 2 MEVRIL SPRINGS WAY?

2 MEVRIL SPRINGS WAY is located in WHALEY BRIDGE, in the SK23 postcode district. The below map shows the position of No. 2 on MEVRIL SPRINGS WAY.