3, MERTON DRIVE, CHESTER, CH4 7PG - £290,000

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.

3 MERTON DRIVE is a large extended detached house of 136m², built sometime between 1967 and 1975, which could now be worth an estimated £485,792. It was last sold for £290,000 in January 2014, which was around 12% above the average January 2014 detached price in the Cheshire West and Chester local authority area. The most recent EPC inspection was June 2013, where the current energy rating was D, and the potential energy rating was B.

3 MERTON DRIVE Sold Prices

Land registry data shows two sales for 3 MERTON DRIVE 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. One of the two 3 MERTON DRIVE sales was for above the average price, whilst the other was for below 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
2014 3 JAN	£290,000	£258,554	12% above HPI
2006 30 JUN	£250,000	£258,762	3% below HPI

3 MERTON DRIVE 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 3 MERTON DRIVE sales from June 2006 and January 2014 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 June 2006 sale was for 3% below the HPI. So the extrapolation line tracks at 3% below the HPI over time, until the January 2014 sale, where it rises to 12% above the HPI. The line then continues to track at 12% above the HPI.

What might 3 MERTON DRIVE be worth now?

3 MERTON DRIVE might now be worth an estimated £485,792.

This is based on house price inflation of 67.5%, between January 2014 and October 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 67.5% inflationary increase is applied to the most recent sale price for 3 MERTON DRIVE of £290,000 on 3rd January 2014. For the value to have increased from £290,000 to £485,792 over the ten years and three months to October 2025, the following assumptions must hold true:

• The value of 3 MERTON DRIVE has moved in line with the HPI for detached houses in the Cheshire West and Chester local authority area.
• The January 2014 sale price of £290,000 represented a fair market value for the property.
• The size, condition, and specification of 3 MERTON DRIVE has not materially changed since January 2014.

How Large is 3 MERTON DRIVE?

3 MERTON DRIVE is 136m², which includes one extension, according to the EPC inspection conducted in June 2013. This puts it in the largest 40% 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 3 MERTON DRIVE lies on this distribution: 68% of detached houses houses are smaller than 3 MERTON DRIVE, and 31% of houses are larger. Note that EPC data is not available for all properties in Chester.

3 MERTON DRIVE: Plot and Title Map

3 MERTON DRIVE sits on a plot of roughly 0.147 of an acre, or 596m². The below map shows the location of 3 MERTON DRIVE, 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 3 MERTON DRIVE). 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 3 MERTON DRIVE?

3 MERTON DRIVE is located in CHESTER, in the CH4 postcode district. The below map shows the position of No. 3 on MERTON DRIVE.