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
114 MERCURY WAY is a small detached house of 88m², built sometime between 2003 and 2006. It was last sold for £160,000 in September 2019, which was around 44% below the average September 2019 detached price in the West Lancashire local authority area. The most recent EPC inspection was July 2019, where the current energy rating was C, and the potential energy rating was B.
Land registry data shows three sales for 114 MERCURY WAY since 1st 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 114 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 |
---|---|---|---|
2019 26 SEP | £160,000 | £287,729 | 44% below HPI |
2003 18 DEC | £125,950 | £174,058 | 28% below HPI |
2003 18 JUL | £104,995 | £157,982 | 34% 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 three 114 MERCURY WAY sales between July 2003 and September 2019 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 December 2003 sale was for 28% below the HPI. So the extrapolation line tracks at 28% below the HPI over time, until the September 2019 sale, where it falls to 44% below the HPI. The line then continues to track at 44% below the HPI.
114 MERCURY WAY is 88m² according to the EPC inspection conducted in July 2019. This puts it in the smallest 30% of detached houses in Skelmersdale, based on EPC data. The below chart shows the distribution of detached houses by size in Skelmersdale, and where 114 MERCURY WAY lies on this distribution: 27% of detached houses are smaller than 114 MERCURY WAY, and 72% of houses are larger. Note that EPC data is not available for all properties in Skelmersdale.
114 MERCURY WAY sits on a plot of roughly 0.063 of an acre, or 254m². The below map shows the location of 114 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 114 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.
114 MERCURY WAY is located in SKELMERSDALE, in the WN8 postcode district. The below map shows the position of No. 114 on MERCURY WAY.