29, MERCER WAY, NANTWICH, CW5 5YD - £359,000

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

29 MERCER WAY is a small detached house of 104m², built sometime between 1996 and 2002. It was last sold for £359,000 in November 2021, which was around 14% below the average November 2021 detached price in the Cheshire East local authority area. The most recent EPC inspection was January 2024, where the current energy rating was C, and the potential energy rating was B.

29 MERCER WAY Sold Prices

Land registry data shows two sales for 29 MERCER WAY 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. One of the two 29 MERCER WAY sales was for below the average price, whilst the other 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
2021 9 NOV	£359,000	£416,945	14% below HPI
1997 25 SEP	£124,950	£108,216	15% above HPI

29 MERCER WAY 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 29 MERCER WAY sales from September 1997 and November 2021 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 1997 sale was for 15% above the HPI. So the extrapolation line tracks at 15% above the HPI over time, until the November 2021 sale, where it falls to 14% below the HPI. The line then continues to track at 14% below the HPI.

How Large is 29 MERCER WAY?

29 MERCER WAY is 104m² according to the EPC inspection conducted in January 2024. This puts it in the smallest 30% of detached houses in Nantwich, based on EPC data. The below chart shows the distribution of detached houses by size in Nantwich, and where 29 MERCER WAY lies on this distribution: 26% of detached houses are smaller than 29 MERCER WAY, and 74% of houses are larger. Note that EPC data is not available for all properties in Nantwich.

29 MERCER WAY: Plot and Title Map

29 MERCER WAY sits on a plot of roughly 0.115 of an acre, or 464m². The below map shows the location of 29 MERCER 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 29 MERCER 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 29 MERCER WAY?

29 MERCER WAY is located in NANTWICH, in the CW5 postcode district. The below map shows the position of No. 29 on MERCER WAY.