10, MERCHANT CLOSE, PRESCOT, L34 1AJ - £262,000

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

10 MERCHANT CLOSE is a midsized detached house of 114m², which could now be worth an estimated £341,733. It was last sold for £262,000 in February 2021, which was around 12% above the average February 2021 detached price in the Knowsley local authority area. The most recent EPC inspection was January 2019, where the current energy rating was B, and the potential energy rating was A.

10 MERCHANT CLOSE Sold Prices

Land registry data shows two sales for 10 MERCHANT CLOSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Knowsley local authority area for the corresponding sale date. Both of the two 10 MERCHANT CLOSE 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
2021 23 FEB	£262,000	£233,304	12% above HPI
2019 1 FEB	£271,995	£213,035	28% above HPI

10 MERCHANT CLOSE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Knowsley local authority area over time, sourced from the HPI. The two 10 MERCHANT CLOSE sales from February 2019 and February 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 February 2019 sale was for 28% above the HPI. So the extrapolation line tracks at 28% above the HPI over time, until the February 2021 sale, where it falls to 12% above the HPI. The line then continues to track at 12% above the HPI.

What might 10 MERCHANT CLOSE be worth now?

10 MERCHANT CLOSE might now be worth an estimated £341,733.

This is based on house price inflation of 30.4%, between February 2021 and December 2024, for detached houses, in the Knowsley local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 30.4% inflationary increase is applied to the most recent sale price for 10 MERCHANT CLOSE of £262,000 on 23rd February 2021. For the value to have increased from £262,000 to £341,733 over the two years and two months to December 2024, the following assumptions must hold true:

• The value of 10 MERCHANT CLOSE has moved in line with the HPI for detached houses in the Knowsley local authority area.
• The February 2021 sale price of £262,000 represented a fair market value for the property.
• The size, condition, and specification of 10 MERCHANT CLOSE has not materially changed since February 2021.

How Large is 10 MERCHANT CLOSE?

10 MERCHANT CLOSE is 114m² according to the EPC inspection conducted in January 2019. This puts it in the largest 50% of detached houses houses in Prescot, based on EPC data. The below chart shows the distribution of detached houses houses by size in Prescot, and where 10 MERCHANT CLOSE lies on this distribution: 58% of detached houses houses are smaller than 10 MERCHANT CLOSE, and 41% of houses are larger. Note that EPC data is not available for all properties in Prescot.

10 MERCHANT CLOSE: Plot and Title Map

10 MERCHANT CLOSE sits on a plot of roughly 0.089 of an acre, or 359m². The below map shows the location of 10 MERCHANT CLOSE, 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 10 MERCHANT CLOSE). 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 10 MERCHANT CLOSE?

10 MERCHANT CLOSE is located in PRESCOT, in the L34 postcode district. The below map shows the position of No. 10 on MERCHANT CLOSE.