FAIRWAY HOUSE, CHESTER ROAD, MERE, KNUTSFORD, WA16 6LQ - £2,610,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

FAIRWAY HOUSE is a large detached house of 319m², built in 2020, which could now be worth an estimated £2,938,451. It was last sold for £2,610,000 in June 2022, which was around 509% 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.

FAIRWAY HOUSE Sold Prices

Land registry data shows two sales for FAIRWAY HOUSE 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 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	£428,382	509% above HPI
2021 22 JAN	£705,000	£391,768	80% above HPI

FAIRWAY HOUSE 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 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 80% above the HPI. So the extrapolation line tracks at 80% above the HPI over time, until the June 2022 sale, where it rises to 509% above the HPI. The line then continues to track at 509% above the HPI.

What might FAIRWAY HOUSE be worth now?

FAIRWAY HOUSE might now be worth an estimated £2,938,451.

This is based on house price inflation of 12.6%, between June 2022 and February 2025, for detached houses, in the Cheshire East local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 12.6% inflationary increase is applied to the most recent sale price for FAIRWAY HOUSE of £2,610,000 on 24th June 2022. For the value to have increased from £2,610,000 to £2,938,451 over the three years and four months to February 2025, the following assumptions must hold true:

• The value of FAIRWAY HOUSE has moved in line with the HPI for detached houses in the Cheshire East local authority area.
• The June 2022 sale price of £2,610,000 represented a fair market value for the property.
• The size, condition, and specification of FAIRWAY HOUSE has not materially changed since June 2022.

How Large is FAIRWAY HOUSE?

FAIRWAY HOUSE is 319m² according to the EPC inspection conducted in December 2021. This puts it in the largest 40% of detached houses houses in Mere, based on EPC data. The below chart shows the distribution of detached houses houses by size in Mere, and where FAIRWAY HOUSE lies on this distribution: 65% of detached houses houses are smaller than FAIRWAY HOUSE, and 35% of houses are larger. Note that EPC data is not available for all properties in Mere.

FAIRWAY HOUSE: Plot and Title Map

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.

Where is FAIRWAY HOUSE?

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.