15, MERCER DRIVE, GREAT HARWOOD, BLACKBURN, BB6 7TX - £320,000

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.

15 MERCER DRIVE is a large detached house of 147m², built sometime between 1996 and 2002, which could now be worth an estimated £412,332. It was last sold for £320,000 in January 2021, which was around 78% above the average January 2021 detached price in the Hyndburn local authority area. The most recent EPC inspection was August 2020, where the current energy rating was D, and the potential energy rating was B.

15 MERCER DRIVE Sold Prices

Land registry data shows two sales for 15 MERCER DRIVE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Hyndburn local authority area for the corresponding sale date. Both of the two 15 MERCER DRIVE 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
2021 8 JAN	£320,000	£179,706	78% above HPI
2002 26 APR	£173,995	£64,678	169% above HPI

15 MERCER DRIVE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Hyndburn local authority area over time, sourced from the HPI. The two 15 MERCER DRIVE sales from April 2002 and January 2021 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 April 2002 sale was for 169% above the HPI. So the extrapolation line tracks at 169% above the HPI over time, until the January 2021 sale, where it falls to 78% above the HPI. The line then continues to track at 78% above the HPI.

What might 15 MERCER DRIVE be worth now?

15 MERCER DRIVE might now be worth an estimated £412,332.

This is based on house price inflation of 28.9%, between January 2021 and February 2025, for detached houses, in the Hyndburn local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 28.9% inflationary increase is applied to the most recent sale price for 15 MERCER DRIVE of £320,000 on 8th January 2021. For the value to have increased from £320,000 to £412,332 over the three years and eleven months to February 2025, the following assumptions must hold true:

• The value of 15 MERCER DRIVE has moved in line with the HPI for detached houses in the Hyndburn local authority area.
• The January 2021 sale price of £320,000 represented a fair market value for the property.
• The size, condition, and specification of 15 MERCER DRIVE has not materially changed since January 2021.

How Large is 15 MERCER DRIVE?

15 MERCER DRIVE is 147m² according to the EPC inspection conducted in August 2020. This puts it in the largest 30% of detached houses houses in Great Harwood, based on EPC data. The below chart shows the distribution of detached houses houses by size in Great Harwood, and where 15 MERCER DRIVE lies on this distribution: 73% of detached houses houses are smaller than 15 MERCER DRIVE, and 27% of houses are larger. Note that EPC data is not available for all properties in Great Harwood.

15 MERCER DRIVE: Plot and Title Map

15 MERCER DRIVE sits on a plot of roughly 0.117 of an acre, or 475m². The below map shows the location of 15 MERCER DRIVE, 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 15 MERCER DRIVE). 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 15 MERCER DRIVE?

15 MERCER DRIVE is located in GREAT HARWOOD, in the BB6 postcode district. The below map shows the position of No. 15 on MERCER DRIVE.