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

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

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 25% 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. Both of the two 14 MERTON AVENUE 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
2017 22 MAY	£275,000	£219,834	25% above HPI
1998 20 MAR	£91,000	£85,164	7% above 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 was for 7% above the HPI. So the extrapolation line tracks at 7% above the HPI over time, until the May 2017 sale, where it rises to 25% above the HPI. The line then continues to track at 25% above the HPI.

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 in Fulwood, based on EPC data. The below chart shows the distribution of detached houses by size in Fulwood, and where 14 MERTON AVENUE lies on this distribution: 90% of detached 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.