Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources
108 MERCURY WAY is a midsized detached house of 100m², built sometime between 2003 and 2006. It was last sold for £166,000 in May 2007, which was around 35% below the average May 2007 detached price in the West Lancashire local authority area. The most recent EPC inspection was January 2014, where the current energy rating was C, and the potential energy rating was B.
Land registry data shows four sales for 108 MERCURY WAY since 1st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the West Lancashire local authority area for the corresponding sale date. All of the four 108 MERCURY 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 |
---|---|---|---|
2007 11 MAY | £166,000 | £254,595 | 35% below HPI |
2005 13 OCT | £133,000 | £223,640 | 41% below HPI |
2004 28 MAY | £140,000 | £193,564 | 28% below HPI |
2003 27 JUN | £103,995 | £150,069 | 31% below HPI |
The below graph shows the average detached house price in the West Lancashire local authority area over time, sourced from the HPI. The four 108 MERCURY WAY sales between June 2003 and May 2007 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 2005 sale was for 41% below the HPI. So the extrapolation line tracks at 41% below the HPI over time, until the May 2007 sale, where it rises to 35% below the HPI. The line then continues to track at 35% below the HPI.
108 MERCURY WAY is 100m² according to the EPC inspection conducted in January 2014. This puts it in the smallest 50% of detached houses in Skelmersdale, based on EPC data. The below chart shows the distribution of detached houses by size in Skelmersdale, and where 108 MERCURY WAY lies on this distribution: 44% of detached houses are smaller than 108 MERCURY WAY, and 55% of houses are larger. Note that EPC data is not available for all properties in Skelmersdale.
108 MERCURY WAY sits on a plot of roughly 0.060 of an acre, or 244m². The below map shows the location of 108 MERCURY 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 108 MERCURY 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.
108 MERCURY WAY is located in SKELMERSDALE, in the WN8 postcode district. The below map shows the position of No. 108 on MERCURY WAY.