3, STEADINGS RISE, MERE, KNUTSFORD, WA16 0WB - £765,000

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.

3 STEADINGS RISE is a small detached house of 241m², built sometime between 1996 and 2002, which could now be worth an estimated £1,137,714. It was last sold for £765,000 in April 2016, which was around 136% above the average April 2016 detached price in the Cheshire East local authority area. The most recent EPC inspection was September 2009, where the current energy rating was D, and the potential energy rating was C.

3 STEADINGS RISE Sold Prices

Land registry data shows three sales for 3 STEADINGS RISE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Cheshire East local authority area for the corresponding sale date. All of the three 3 STEADINGS RISE 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
2016 27 APR	£765,000	£324,293	136% above HPI
1998 10 DEC	£435,000	£114,000	282% above HPI
1997 18 APR	£269,000	£99,914	169% above HPI

3 STEADINGS RISE 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 three 3 STEADINGS RISE sales between April 1997 and April 2016 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 December 1998 sale was for 282% above the HPI. So the extrapolation line tracks at 282% above the HPI over time, until the April 2016 sale, where it falls to 136% above the HPI. The line then continues to track at 136% above the HPI.

What might 3 STEADINGS RISE be worth now?

3 STEADINGS RISE might now be worth an estimated £1,137,714.

This is based on house price inflation of 48.7%, between April 2016 and February 2025, 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 48.7% inflationary increase is applied to the most recent sale price for 3 STEADINGS RISE of £765,000 on 27th April 2016. For the value to have increased from £765,000 to £1,137,714 over the nine years and two months to February 2025, the following assumptions must hold true:

• The value of 3 STEADINGS RISE has moved in line with the HPI for detached houses in the Cheshire East local authority area.
• The April 2016 sale price of £765,000 represented a fair market value for the property.
• The size, condition, and specification of 3 STEADINGS RISE has not materially changed since April 2016.

How Large is 3 STEADINGS RISE?

3 STEADINGS RISE is 241m² according to the EPC inspection conducted in September 2009. This puts it in the smallest 30% of detached houses houses in Mere, based on EPC data. The below chart shows the distribution of detached houses houses by size in Mere, and where 3 STEADINGS RISE lies on this distribution: 25% of detached houses houses are smaller than 3 STEADINGS RISE, and 75% of houses are larger. Note that EPC data is not available for all properties in Mere.

3 STEADINGS RISE: Plot and Title Map

3 STEADINGS RISE sits on a plot of roughly 0.171 of an acre, or 690m². The below map shows the location of 3 STEADINGS RISE, 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 3 STEADINGS RISE). 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 3 STEADINGS RISE?

3 STEADINGS RISE is located in MERE, in the WA16 postcode district. The below map shows the position of No. 3 on STEADINGS RISE.