14, MERTON AVENUE, FULWOOD, PRESTON, PR2 8HX - £275,000

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

14 MERTON AVENUE is a very large detached house of 193m², built sometime between 1967 and 1975. It was last sold for £275,000 in May 2017, which was around 17% above the average May 2017 detached price in the Preston local authority area. The most recent EPC inspection was February 2017, where the current energy rating was D, and the potential energy rating was C.

14 MERTON AVENUE Sold Prices

Land registry data shows two sales for 14 MERTON AVENUE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Preston local authority area for the corresponding sale date. One of the two 14 MERTON AVENUE sales was for above the average price, whilst the other was roughly equal to 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
2017 22 MAY	£275,000	£234,299	17% above HPI
1998 20 MAR	£91,000	£90,768	Close to HPI

14 MERTON AVENUE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Preston local authority area over time, sourced from the HPI. The two 14 MERTON AVENUE sales from March 1998 and May 2017 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 March 1998 sale roughly matched the HPI. So the extrapolation line tracks roughly in line with the HPI over time, until the May 2017 sale, where it rises to 17% above the HPI. The line then continues to track at 17% above the HPI.

What might 14 MERTON AVENUE be worth now?

14 MERTON AVENUE might now be worth an estimated £381,905.

This is based on house price inflation of 38.9%, between May 2017 and December 2024, for detached houses, in the Preston local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 38.9% inflationary increase is applied to the most recent sale price for 14 MERTON AVENUE of £275,000 on 22nd May 2017. For the value to have increased from £275,000 to £381,905 over the six years and five months to December 2024, the following assumptions must hold true:

• The value of 14 MERTON AVENUE has moved in line with the HPI for detached houses in the Preston local authority area.
• The May 2017 sale price of £275,000 represented a fair market value for the property.
• The size, condition, and specification of 14 MERTON AVENUE has not materially changed since May 2017.

How Large is 14 MERTON AVENUE?

14 MERTON AVENUE is 193m² according to the EPC inspection conducted in February 2017. This puts it in the largest 10% of detached houses houses in Fulwood, based on EPC data. The below chart shows the distribution of detached houses houses by size in Fulwood, and where 14 MERTON AVENUE lies on this distribution: 91% of detached houses houses are smaller than 14 MERTON AVENUE, and 9% of houses are larger. Note that EPC data is not available for all properties in Fulwood.

14 MERTON AVENUE: Plot and Title Map

14 MERTON AVENUE sits on a plot of roughly 0.105 of an acre, or 424m². The below map shows the location of 14 MERTON AVENUE, 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 14 MERTON AVENUE). 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 14 MERTON AVENUE?

14 MERTON AVENUE is located in FULWOOD, in the PR2 postcode district. The below map shows the position of No. 14 on MERTON AVENUE.