5, STEADINGS RISE, MERE, KNUTSFORD, WA16 0WB - £1,100,000

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

5 STEADINGS RISE is a small extended detached house of 239m², built sometime between 1996 and 2002. It was last sold for £1,100,000 in March 2023, which was around 146% above the average March 2023 detached price in the Cheshire East local authority area. The most recent EPC inspection was November 2022, where the current energy rating was C, and the potential energy rating was C.

5 STEADINGS RISE Sold Prices

Land registry data shows three sales for 5 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 5 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
2023 31 MAR	£1,100,000	£447,607	146% above HPI
2003 10 SEP	£550,000	£219,812	150% above HPI
1997 18 APR	£287,500	£101,039	185% above HPI

5 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 5 STEADINGS RISE sales between April 1997 and March 2023 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 2003 sale was for 150% above the HPI. So the extrapolation line tracks at 150% above the HPI over time, until the March 2023 sale, where it falls to 146% above the HPI. The line then continues to track at 146% above the HPI.

How Large is 5 STEADINGS RISE?

5 STEADINGS RISE is 239m², which includes one extension, according to the EPC inspection conducted in November 2022. This puts it in the smallest 30% of detached houses in Mere, based on EPC data. The below chart shows the distribution of detached houses by size in Mere, and where 5 STEADINGS RISE lies on this distribution: 23% of detached houses are smaller than 5 STEADINGS RISE, and 77% of houses are larger. Note that EPC data is not available for all properties in Mere.

5 STEADINGS RISE: Plot and Title Map

5 STEADINGS RISE sits on a plot of roughly 1.5 acres, or 5,948m². The below map shows the location of 5 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 5 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 5 STEADINGS RISE?

5 STEADINGS RISE is located in MERE, in the WA16 postcode district. The below map shows the position of No. 5 on STEADINGS RISE.