27, MERRICK AVENUE, PRESTON, PR1 5TL - £228,000

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

27 MERRICK AVENUE is a very large extended semi-detached house of 139m², built sometime between 1950 and 1966, which could now be worth an estimated £261,459. It was last sold for £228,000 in November 2021, which was around 36% above the average November 2021 semi-detached price in the Preston local authority area. The most recent EPC inspection was February 2021, where the current energy rating was D, and the potential energy rating was C.

27 MERRICK AVENUE Sold Prices

Land registry data shows three sales for 27 MERRICK AVENUE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average semi-detached price in the Preston local authority area for the corresponding sale date. All of the three 27 MERRICK 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
2021 19 NOV	£228,000	£167,988	36% above HPI
2012 5 APR	£178,000	£131,292	36% above HPI
1999 30 APR	£71,000	£51,185	39% above HPI

27 MERRICK AVENUE Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Preston local authority area over time, sourced from the HPI. The three 27 MERRICK AVENUE sales between April 1999 and November 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 2012 sale was for 36% above the HPI. So the extrapolation line tracks at 36% above the HPI over time, until the November 2021 sale, which was also at 36% above the HPI.

What might 27 MERRICK AVENUE be worth now?

27 MERRICK AVENUE might now be worth an estimated £261,459.

This is based on house price inflation of 14.7%, between November 2021 and December 2024, for semi-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 14.7% inflationary increase is applied to the most recent sale price for 27 MERRICK AVENUE of £228,000 on 19th November 2021. For the value to have increased from £228,000 to £261,459 over the two years and eleven months to December 2024, the following assumptions must hold true:

• The value of 27 MERRICK AVENUE has moved in line with the HPI for semi-detached houses in the Preston local authority area.
• The November 2021 sale price of £228,000 represented a fair market value for the property.
• The size, condition, and specification of 27 MERRICK AVENUE has not materially changed since November 2021.

How Large is 27 MERRICK AVENUE?

27 MERRICK AVENUE is 139m², which includes one extension, according to the EPC inspection conducted in February 2021. This puts it in the largest 20% of semi-detached houses houses in Preston, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Preston, and where 27 MERRICK AVENUE lies on this distribution: 81% of semi-detached houses houses are smaller than 27 MERRICK AVENUE, and 19% of houses are larger. Note that EPC data is not available for all properties in Preston.

27 MERRICK AVENUE: Plot and Title Map

27 MERRICK AVENUE sits on a plot of roughly 0.119 of an acre, or 481m². The below map shows the location of 27 MERRICK 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 27 MERRICK 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 27 MERRICK AVENUE?

27 MERRICK AVENUE is located in PRESTON, in the PR1 postcode district. The below map shows the position of No. 27 on MERRICK AVENUE.