1, MERRICK AVENUE, PRESTON, PR1 5TL - £170,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

1 MERRICK AVENUE is a very small semi-detached house of 80m², built sometime between 1930 and 1949. It was last sold for £170,000 in December 2024, which was around 12% below the average December 2024 semi-detached price in the Preston local authority area. The most recent EPC inspection was June 2022, where the current energy rating was C, and the potential energy rating was B.

1 MERRICK AVENUE Sold Prices

Land registry data shows two sales for 1 MERRICK AVENUE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average semi-detached price in the Preston local authority area for the corresponding sale date. One of the two 1 MERRICK AVENUE sales was for below the average price, whilst the other was 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
2024 18 DEC	£170,000	£192,640	12% below HPI
2022 1 NOV	£184,500	£181,752	2% above HPI

1 MERRICK AVENUE Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Preston local authority area over time, sourced from the HPI. The two 1 MERRICK AVENUE sales from November 2022 and December 2024 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 2022 sale was for 2% above the HPI. So the extrapolation line tracks at 2% above the HPI over time, until the December 2024 sale, where it falls to 12% below the HPI. The line then continues to track at 12% below the HPI.

How Large is 1 MERRICK AVENUE?

1 MERRICK AVENUE is 80m² according to the EPC inspection conducted in June 2022. This puts it in the smallest 20% of semi-detached houses houses in Preston, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Preston, and where 1 MERRICK AVENUE lies on this distribution: 20% of semi-detached houses houses are smaller than 1 MERRICK AVENUE, and 79% of houses are larger. Note that EPC data is not available for all properties in Preston.

1 MERRICK AVENUE: Plot and Title Map

1 MERRICK AVENUE sits on a plot of roughly 0.061 of an acre, or 247m². The below map shows the location of 1 MERRICK AVENUE, 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 1 MERRICK AVENUE). 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 1 MERRICK AVENUE?

1 MERRICK AVENUE is located in PRESTON, in the PR1 postcode district. The below map shows the position of No. 1 on MERRICK AVENUE.