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
42 MERE BANK is a very small extended detached house of 58m², built sometime between 1983 and 1990. It was last sold for £158,000 in February 2016, which was around 45% below the average February 2016 detached price in the Cheshire West and Chester local authority area. The most recent EPC inspection was January 2009, where the current energy rating was D, and the potential energy rating was C.
Land registry data shows three sales for 42 MERE BANK since 1st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Cheshire West and Chester local authority area for the corresponding sale date. All of the three 42 MERE BANK 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 |
---|---|---|---|
2016 15 FEB | £158,000 | £288,091 | 45% below HPI |
2007 17 APR | £165,000 | £270,805 | 39% below HPI |
1999 15 NOV | £78,000 | £117,295 | 34% below HPI |
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 three 42 MERE BANK sales between November 1999 and February 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 April 2007 sale was for 39% below the HPI. So the extrapolation line tracks at 39% below the HPI over time, until the February 2016 sale, where it falls to 45% below the HPI. The line then continues to track at 45% below the HPI.
42 MERE BANK is 58m², which includes one extension, according to the EPC inspection conducted in January 2009. This puts it in the smallest 10% of detached houses in Mere Heath, based on EPC data. The below chart shows the distribution of detached houses by size in Mere Heath, and where 42 MERE BANK lies on this distribution: Less than 1% of detached houses are smaller than 42 MERE BANK, and more than 99% of houses are larger. Note that EPC data is not available for all properties in Mere Heath.
42 MERE BANK sits on a plot of roughly 0.052 of an acre, or 210m². The below map shows the location of 42 MERE BANK, 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 42 MERE BANK). 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.
42 MERE BANK is located in DAVENHAM, in the CW9 postcode district. The below map shows the position of No. 42 on MERE BANK.