10, MERCHANT ROAD, ORMSKIRK, L39 4AD - £275,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

10 MERCHANT ROAD is a small detached house of 103m², built sometime between 2007 and 2011. It was last sold for £275,000 in September 2023, which was around 23% below the average September 2023 detached price in the West Lancashire local authority area. The most recent EPC inspection was September 2024, where the current energy rating was C, and the potential energy rating was B.

10 MERCHANT ROAD Sold Prices

Land registry data shows three sales for 10 MERCHANT ROAD since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the West Lancashire local authority area for the corresponding sale date. All of the three 10 MERCHANT ROAD 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
2023 27 SEP	£275,000	£357,391	23% below HPI
2016 1 JUN	£210,000	£268,602	22% below HPI
2011 28 APR	£197,995	£247,639	20% below HPI

10 MERCHANT ROAD Price Paid vs. HPI Average

The below graph shows the average detached house price in the West Lancashire local authority area over time, sourced from the HPI. The three 10 MERCHANT ROAD sales between April 2011 and September 2023 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 2016 sale was for 22% below the HPI. So the extrapolation line tracks at 22% below the HPI over time, until the September 2023 sale, where it falls to 23% below the HPI. The line then continues to track at 23% below the HPI.

How Large is 10 MERCHANT ROAD?

10 MERCHANT ROAD is 103m² according to the EPC inspection conducted in September 2024. This puts it in the smallest 30% of detached houses in Ormskirk, based on EPC data. The below chart shows the distribution of detached houses by size in Ormskirk, and where 10 MERCHANT ROAD lies on this distribution: 22% of detached houses are smaller than 10 MERCHANT ROAD, and 78% of houses are larger. Note that EPC data is not available for all properties in Ormskirk.

10 MERCHANT ROAD: Plot and Title Map

10 MERCHANT ROAD sits on a plot of roughly 0.028 of an acre, or 115m². The below map shows the location of 10 MERCHANT ROAD, 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 ROAD). 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 ROAD?

10 MERCHANT ROAD is located in ORMSKIRK, in the L39 postcode district. The below map shows the position of No. 10 on MERCHANT ROAD.