10, MERCIA GROVE, LEYLAND, PR25 5AE - £410,000

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.

10 MERCIA GROVE is a large detached house of 124m², which could now be worth an estimated £420,565. It was last sold for £410,000 in May 2023, which was around 30% above the average May 2023 detached price in the Chorley local authority area. The most recent EPC inspection was March 2017, where the current energy rating was B, and the potential energy rating was A.

10 MERCIA GROVE Sold Prices

Land registry data shows three sales for 10 MERCIA GROVE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Chorley local authority area for the corresponding sale date. All of the three 10 MERCIA GROVE 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
2023 26 MAY	£410,000	£316,488	30% above HPI
2019 24 OCT	£285,000	£261,676	9% above HPI
2017 29 MAR	£284,995	£240,390	19% above HPI

10 MERCIA GROVE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Chorley local authority area over time, sourced from the HPI. The three 10 MERCIA GROVE sales between March 2017 and May 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 October 2019 sale was for 9% above the HPI. So the extrapolation line tracks at 9% above the HPI over time, until the May 2023 sale, where it rises to 30% above the HPI. The line then continues to track at 30% above the HPI.

What might 10 MERCIA GROVE be worth now?

10 MERCIA GROVE might now be worth an estimated £420,565.

This is based on house price inflation of 2.6%, between May 2023 and February 2025, for detached houses, in the Chorley local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 2.6% inflationary increase is applied to the most recent sale price for 10 MERCIA GROVE of £410,000 on 26th May 2023. For the value to have increased from £410,000 to £420,565 over the two years and three months to February 2025, the following assumptions must hold true:

• The value of 10 MERCIA GROVE has moved in line with the HPI for detached houses in the Chorley local authority area.
• The May 2023 sale price of £410,000 represented a fair market value for the property.
• The size, condition, and specification of 10 MERCIA GROVE has not materially changed since May 2023.

How Large is 10 MERCIA GROVE?

10 MERCIA GROVE is 124m² according to the EPC inspection conducted in March 2017. This puts it in the largest 40% of detached houses houses in Leyland, based on EPC data. The below chart shows the distribution of detached houses houses by size in Leyland, and where 10 MERCIA GROVE lies on this distribution: 64% of detached houses houses are smaller than 10 MERCIA GROVE, and 35% of houses are larger. Note that EPC data is not available for all properties in Leyland.

10 MERCIA GROVE: Plot and Title Map

10 MERCIA GROVE sits on a plot of roughly 0.100 of an acre, or 406m². The below map shows the location of 10 MERCIA GROVE, 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 MERCIA GROVE). 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 MERCIA GROVE?

10 MERCIA GROVE is located in LEYLAND, in the PR25 postcode district. The below map shows the position of No. 10 on MERCIA GROVE.