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
FAIRWAY HOUSE is a large detached house of 319m², built in 2020. It was last sold for £2,610,000 in June 2022, which was around 502% above the average June 2022 detached price in the Cheshire East local authority area. The most recent EPC inspection was December 2021, where the current energy rating was B, and the potential energy rating was B.
Land registry data shows two sales for FAIRWAY HOUSE since 1st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Cheshire East local authority area for the corresponding sale date. Both of the two FAIRWAY HOUSE 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 24 JUN | £2,610,000 | £433,204 | 502% above HPI |
2021 22 JAN | £705,000 | £396,178 | 78% above HPI |
The below graph shows the average detached house price in the Cheshire East local authority area over time, sourced from the HPI. The two FAIRWAY HOUSE sales from January 2021 and June 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 January 2021 sale was for 78% above the HPI. So the extrapolation line tracks at 78% above the HPI over time, until the June 2022 sale, where it rises to 502% above the HPI. The line then continues to track at 502% above the HPI.
FAIRWAY HOUSE is 319m² according to the EPC inspection conducted in December 2021. This puts it in the largest 40% of detached houses in Mere, based on EPC data. The below chart shows the distribution of detached houses by size in Mere, and where FAIRWAY HOUSE lies on this distribution: 67% of detached houses are smaller than FAIRWAY HOUSE, and 33% of houses are larger. Note that EPC data is not available for all properties in Mere.
FAIRWAY HOUSE sits on a plot of roughly 0.451 of an acre, or 1,825m². The below map shows the location of FAIRWAY HOUSE, 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 FAIRWAY HOUSE). 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.
FAIRWAY HOUSE is located on CHESTER ROAD in MERE, in the WA16 postcode district. The below map shows the position of FAIRWAY HOUSE on CHESTER ROAD.