7, MERES WAY, SOUTHPORT, PR8 4JB - £269,995

7 MERES WAY is a midsized extended detached house of 152m², built sometime between 1996 and 2002. It was last sold for £269,995 in March 2021, which was around 15% below the average March 2021 detached price in the Sefton local authority area. The most recent EPC inspection was February 2019, where the current energy rating was C, and the potential energy rating was C.

7 MERES WAY Sold Prices

Land registry data shows five sales for 7 MERES WAY since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the Sefton local authority area for the corresponding sale date. All of the five 7 MERES WAY sales were 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
2021 16 MAR	£269,995	£316,133	15% below HPI
2007 10 AUG	£217,000	£265,478	18% below HPI
2003 28 JUL	£165,000	£170,059	3% below HPI
2001 29 JUN	£115,875	£120,005	3% below HPI
1999 30 JUL	£81,000	£102,733	21% below HPI

7 MERES WAY Price Paid vs. HPI Average

The below graph shows the average detached house price in the Sefton local authority area over time, sourced from the HPI. The five 7 MERES WAY sales between July 1999 and March 2021 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 August 2007 sale was for 18% below the HPI. So the extrapolation line tracks at 18% below the HPI over time, until the March 2021 sale, where it rises to 15% below the HPI. The line then continues to track at 15% below the HPI.

How Large is 7 MERES WAY?

7 MERES WAY is 152m², which includes one extension, according to the EPC inspection conducted in February 2019. This puts it in the largest 50% of detached houses in Southport, based on EPC data. The below chart shows the distribution of detached houses by size in Southport, and where 7 MERES WAY lies on this distribution: 59% of detached houses are smaller than 7 MERES WAY, and 41% of houses are larger. Note that EPC data is not available for all properties in Southport.

7 MERES WAY: Plot and Title Map

7 MERES WAY sits on a plot of roughly 0.085 of an acre, or 345m². The below map shows the location of 7 MERES WAY, 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 7 MERES WAY). 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 7 MERES WAY?

7 MERES WAY is located in SOUTHPORT, in the PR8 postcode district. The below map shows the position of No. 7 on MERES WAY.