22, MERLECREST DRIVE, TARLETON, PRESTON, PR4 6BD - £280,000

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

22 MERLECREST DRIVE is a small detached house of 103m², built sometime between 1996 and 2002, which could now be worth an estimated £342,983. It was last sold for £280,000 in August 2021, which was around 7% below the average August 2021 detached price in the West Lancashire local authority area. The most recent EPC inspection was July 2011, where the current energy rating was D, and the potential energy rating was C.

22 MERLECREST DRIVE Sold Prices

Land registry data shows three sales for 22 MERLECREST DRIVE since 1^st 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. Two of the three 22 MERLECREST DRIVE sales were for below the average price, whilst one was 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 6 AUG	£280,000	£301,093	7% below HPI
2019 5 FEB	£232,500	£282,828	18% below HPI
2001 16 NOV	£129,950	£119,575	9% above HPI

22 MERLECREST DRIVE 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 three 22 MERLECREST DRIVE sales between November 2001 and August 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 February 2019 sale was for 18% below the HPI. So the extrapolation line tracks at 18% below the HPI over time, until the August 2021 sale, where it rises to 7% below the HPI. The line then continues to track at 7% below the HPI.

What might 22 MERLECREST DRIVE be worth now?

22 MERLECREST DRIVE might now be worth an estimated £342,983.

This is based on house price inflation of 22.5%, between August 2021 and December 2024, for detached houses, in the West Lancashire local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 22.5% inflationary increase is applied to the most recent sale price for 22 MERLECREST DRIVE of £280,000 on 6th August 2021. For the value to have increased from £280,000 to £342,983 over the two years and eight months to December 2024, the following assumptions must hold true:

• The value of 22 MERLECREST DRIVE has moved in line with the HPI for detached houses in the West Lancashire local authority area.
• The August 2021 sale price of £280,000 represented a fair market value for the property.
• The size, condition, and specification of 22 MERLECREST DRIVE has not materially changed since August 2021.

How Large is 22 MERLECREST DRIVE?

22 MERLECREST DRIVE is 103m² according to the EPC inspection conducted in July 2011. This puts it in the smallest 30% of detached houses houses in Tarleton, based on EPC data. The below chart shows the distribution of detached houses houses by size in Tarleton, and where 22 MERLECREST DRIVE lies on this distribution: 29% of detached houses houses are smaller than 22 MERLECREST DRIVE, and 71% of houses are larger. Note that EPC data is not available for all properties in Tarleton.

22 MERLECREST DRIVE: Plot and Title Map

22 MERLECREST DRIVE sits on a plot of roughly 1.0 acres, or 4,060m². The below map shows the location of 22 MERLECREST 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 22 MERLECREST 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 22 MERLECREST DRIVE?

22 MERLECREST DRIVE is located in TARLETON, in the PR4 postcode district. The below map shows the position of No. 22 on MERLECREST DRIVE.