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
56A MERE BANK is a large extended detached house of 143m², built sometime between 1991 and 1995. It was last sold for £430,000 in December 2022, which was around 3% above the average December 2022 detached price in the Cheshire West and Chester local authority area. The most recent EPC inspection was January 2019, where the current energy rating was D, and the potential energy rating was C.
Land registry data shows two sales for 56A MERE BANK since 1st 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 56A MERE BANK 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 |
---|---|---|---|
2022 15 DEC | £430,000 | £417,991 | 3% above HPI |
2002 9 AUG | £182,500 | £169,542 | 8% above 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 two 56A MERE BANK sales from August 2002 and December 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 August 2002 sale was for 8% above the HPI. So the extrapolation line tracks at 8% above the HPI over time, until the December 2022 sale, where it falls to 3% above the HPI. The line then continues to track at 3% above the HPI.
56A MERE BANK is 143m², which includes one extension, according to the EPC inspection conducted in January 2019. This puts it in the largest 30% 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 56A MERE BANK lies on this distribution: 72% of detached houses are smaller than 56A MERE BANK, and 28% of houses are larger. Note that EPC data is not available for all properties in Mere Heath.
56A MERE BANK sits on a plot of roughly 0.120 of an acre, or 486m². The below map shows the location of 56A 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 56A 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.
56A MERE BANK is located in DAVENHAM, in the CW9 postcode district. The below map shows the position of No. 56A on MERE BANK.