2, MERCURY WAY, SKELMERSDALE, WN8 6BF - £175,000

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

2 MERCURY WAY is a large detached house of 131m², built sometime between 1996 and 2002. It was last sold for £175,000 in December 2017, which was around 37% below the average December 2017 detached price in the West Lancashire local authority area. The most recent EPC inspection was November 2014, where the current energy rating was D, and the potential energy rating was C.

2 MERCURY WAY Sold Prices

Land registry data shows four sales for 2 MERCURY WAY since 1^st 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 2 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
2017 20 DEC	£175,000	£278,480	37% below HPI
2015 20 MAR	£150,000	£241,016	38% below HPI
2004 16 JUL	£159,000	£209,500	24% below HPI
2002 31 OCT	£115,995	£141,258	18% below HPI

2 MERCURY WAY Price Paid vs. HPI Average

The below graph shows the average detached house price in the West Lancashire local authority area over time, sourced from the HPI. The four 2 MERCURY WAY sales between October 2002 and December 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 2015 sale was for 38% below the HPI. So the extrapolation line tracks at 38% below the HPI over time, until the December 2017 sale, where it rises to 37% below the HPI. The line then continues to track at 37% below the HPI.

How Large is 2 MERCURY WAY?

2 MERCURY WAY is 131m² according to the EPC inspection conducted in November 2014. This puts it in the largest 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 2 MERCURY WAY lies on this distribution: 79% of detached houses are smaller than 2 MERCURY WAY, and 20% of houses are larger. Note that EPC data is not available for all properties in Skelmersdale.

2 MERCURY WAY: Plot and Title Map

2 MERCURY WAY sits on a plot of roughly 0.066 of an acre, or 267m². The below map shows the location of 2 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 2 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.

Where is 2 MERCURY WAY?

2 MERCURY WAY is located in SKELMERSDALE, in the WN8 postcode district. The below map shows the position of No. 2 on MERCURY WAY.