LAKE COTTAGE, MERE LANE, PICKMERE, KNUTSFORD, WA16 0LR - £575,000

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

LAKE COTTAGE is a large extended detached house of 190m², built sometime between 1900 and 1929. It was last sold for £575,000 in April 2020, which was around 55% above the average April 2020 detached price in the Cheshire East local authority area. The most recent EPC inspection was August 2017, where the current energy rating was D, and the potential energy rating was C.

LAKE COTTAGE Sold Prices

Land registry data shows three sales for LAKE COTTAGE 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 LAKE COTTAGE 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
2020 3 APR	£575,000	£370,488	55% above HPI
2017 22 NOV	£495,000	£352,995	40% above HPI
1998 7 DEC	£190,000	£115,283	65% above HPI

LAKE COTTAGE 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 LAKE COTTAGE sales between December 1998 and April 2020 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 November 2017 sale was for 40% above the HPI. So the extrapolation line tracks at 40% above the HPI over time, until the April 2020 sale, where it rises to 55% above the HPI. The line then continues to track at 55% above the HPI.

How Large is LAKE COTTAGE?

LAKE COTTAGE is 190m², which includes three extensions, according to the EPC inspection conducted in August 2017. This puts it in the largest 40% of detached houses in Pickmere, based on EPC data. The below chart shows the distribution of detached houses by size in Pickmere, and where LAKE COTTAGE lies on this distribution: 65% of detached houses are smaller than LAKE COTTAGE, and 35% of houses are larger. Note that EPC data is not available for all properties in Pickmere.

LAKE COTTAGE: Plot and Title Map

LAKE COTTAGE sits on a plot of roughly 0.244 of an acre, or 986m². The below map shows the location of LAKE COTTAGE, 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 LAKE COTTAGE). 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 LAKE COTTAGE?

LAKE COTTAGE is located on MERE LANE in PICKMERE, in the WA16 postcode district. The below map shows the position of LAKE COTTAGE on MERE LANE.