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
VIRGINIA LODGE is a very small extended detached house of 207m², built sometime between 1950 and 1966. It was last sold for £1,300,000 in October 2019, which was around 247% above the average October 2019 detached price in the Cheshire East local authority area. The most recent EPC inspection was May 2013, where the current energy rating was D, and the potential energy rating was C.
Land registry data shows three sales for VIRGINIA LODGE since 1st 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 VIRGINIA LODGE 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 |
---|---|---|---|
2019 28 OCT | £1,300,000 | £374,932 | 247% above HPI |
2010 12 MAR | £460,000 | £285,675 | 61% above HPI |
1997 24 FEB | £230,000 | £98,130 | 134% 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 three VIRGINIA LODGE sales between February 1997 and October 2019 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 March 2010 sale was for 61% above the HPI. So the extrapolation line tracks at 61% above the HPI over time, until the October 2019 sale, where it rises to 247% above the HPI. The line then continues to track at 247% above the HPI.
VIRGINIA LODGE is 207m², which includes one extension, according to the EPC inspection conducted in May 2013. This puts it in the smallest 10% of detached houses in Mere, based on EPC data. The below chart shows the distribution of detached houses by size in Mere, and where VIRGINIA LODGE lies on this distribution: 7% of detached houses are smaller than VIRGINIA LODGE, and 93% of houses are larger. Note that EPC data is not available for all properties in Mere.
VIRGINIA LODGE sits on a plot of roughly 0.406 of an acre, or 1,641m². The below map shows the location of VIRGINIA LODGE, 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 VIRGINIA LODGE). 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.
VIRGINIA LODGE is located on CHESTER ROAD in MERE, in the WA16 postcode district. The below map shows the position of VIRGINIA LODGE on CHESTER ROAD.