15, MERCIA GROVE, SAIGHTON, CHESTER, CH3 6FP - £345,000

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.

15 MERCIA GROVE is a midsized detached house of 115m², which could now be worth an estimated £449,673. It was last sold for £345,000 in June 2020, which was around 7% above the average June 2020 detached price in the Cheshire West and Chester local authority area. The most recent EPC inspection was April 2017, where the current energy rating was B, and the potential energy rating was A.

15 MERCIA GROVE Sold Prices

Land registry data shows two sales for 15 MERCIA GROVE 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 West and Chester local authority area for the corresponding sale date. Both of the two 15 MERCIA GROVE 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 30 JUN	£345,000	£322,698	7% above HPI
2017 12 MAY	£339,495	£295,548	15% above HPI

15 MERCIA GROVE Price Paid vs. HPI Average

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 15 MERCIA GROVE sales from May 2017 and June 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 May 2017 sale was for 15% above the HPI. So the extrapolation line tracks at 15% above the HPI over time, until the June 2020 sale, where it falls to 7% above the HPI. The line then continues to track at 7% above the HPI.

What might 15 MERCIA GROVE be worth now?

15 MERCIA GROVE might now be worth an estimated £449,673.

This is based on house price inflation of 30.3%, between June 2020 and June 2025, for detached houses, in the Cheshire West and Chester local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 30.3% inflationary increase is applied to the most recent sale price for 15 MERCIA GROVE of £345,000 on 30th June 2020. For the value to have increased from £345,000 to £449,673 over the five years to June 2025, the following assumptions must hold true:

• The value of 15 MERCIA GROVE has moved in line with the HPI for detached houses in the Cheshire West and Chester local authority area.
• The June 2020 sale price of £345,000 represented a fair market value for the property.
• The size, condition, and specification of 15 MERCIA GROVE has not materially changed since June 2020.

How Large is 15 MERCIA GROVE?

15 MERCIA GROVE is 115m² according to the EPC inspection conducted in April 2017. This puts it in the smallest 50% of detached houses houses in Chester, based on EPC data. The below chart shows the distribution of detached houses houses by size in Chester, and where 15 MERCIA GROVE lies on this distribution: 48% of detached houses houses are smaller than 15 MERCIA GROVE, and 51% of houses are larger. Note that EPC data is not available for all properties in Chester.

15 MERCIA GROVE: Plot and Title Map

15 MERCIA GROVE sits on a plot of roughly 0.072 of an acre, or 292m². The below map shows the location of 15 MERCIA GROVE, 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 15 MERCIA GROVE). 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 15 MERCIA GROVE?

15 MERCIA GROVE is located in SAIGHTON, in the CH3 postcode district. The below map shows the position of No. 15 on MERCIA GROVE.