32, MERTON DRIVE, CHESTER, CH4 7PQ - £345,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

32 MERTON DRIVE is a very small detached house of 67m², built sometime between 1976 and 1982. It was last sold for £345,000 in November 2022, which was around 17% below the average November 2022 detached price in the Cheshire West and Chester local authority area. The most recent EPC inspection was November 2021, where the current energy rating was D, and the potential energy rating was B.

32 MERTON DRIVE Sold Prices

Land registry data shows two sales for 32 MERTON DRIVE 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 West and Chester local authority area for the corresponding sale date. Both of the two 32 MERTON DRIVE 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
2022 30 NOV	£345,000	£416,352	17% below HPI
2018 26 OCT	£215,000	£321,071	33% below HPI

32 MERTON DRIVE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Cheshire West and Chester local authority area over time, sourced from the HPI. The two 32 MERTON DRIVE sales from October 2018 and November 2022 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 2018 sale was for 33% below the HPI. So the extrapolation line tracks at 33% below the HPI over time, until the November 2022 sale, where it rises to 17% below the HPI. The line then continues to track at 17% below the HPI.

How Large is 32 MERTON DRIVE?

32 MERTON DRIVE is 67m² according to the EPC inspection conducted in November 2021. This puts it in the smallest 10% of detached houses in Chester, based on EPC data. The below chart shows the distribution of detached houses by size in Chester, and where 32 MERTON DRIVE lies on this distribution: 5% of detached houses are smaller than 32 MERTON DRIVE, and 94% of houses are larger. Note that EPC data is not available for all properties in Chester.

32 MERTON DRIVE: Plot and Title Map

32 MERTON DRIVE sits on a plot of roughly 0.104 of an acre, or 420m². The below map shows the location of 32 MERTON DRIVE, 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 32 MERTON DRIVE). 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 32 MERTON DRIVE?

32 MERTON DRIVE is located in CHESTER, in the CH4 postcode district. The below map shows the position of No. 32 on MERTON DRIVE.