5, MERRION CLOSE, LIVERPOOL, L25 7SY - £305,000

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.

5 MERRION CLOSE is a large detached house of 140m², built sometime between 1976 and 1982, which could now be worth an estimated £435,921. It was last sold for £305,000 in November 2019, which was around 19% above the average November 2019 detached price in the Liverpool local authority area. The most recent EPC inspection was March 2019, where the current energy rating was C, and the potential energy rating was B.

5 MERRION CLOSE Sold Prices

Land registry data shows two sales for 5 MERRION CLOSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Liverpool local authority area for the corresponding sale date. Both of the two 5 MERRION CLOSE 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
2019 8 NOV	£305,000	£255,241	19% above HPI
2007 10 SEP	£250,000	£228,768	9% above HPI

5 MERRION CLOSE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Liverpool local authority area over time, sourced from the HPI. The two 5 MERRION CLOSE sales from September 2007 and November 2019 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 September 2007 sale was for 9% above the HPI. So the extrapolation line tracks at 9% above the HPI over time, until the November 2019 sale, where it rises to 19% above the HPI. The line then continues to track at 19% above the HPI.

What might 5 MERRION CLOSE be worth now?

5 MERRION CLOSE might now be worth an estimated £435,921.

This is based on house price inflation of 42.9%, between November 2019 and February 2025, for detached houses, in the Liverpool local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 42.9% inflationary increase is applied to the most recent sale price for 5 MERRION CLOSE of £305,000 on 8th November 2019. For the value to have increased from £305,000 to £435,921 over the six years and nine months to February 2025, the following assumptions must hold true:

• The value of 5 MERRION CLOSE has moved in line with the HPI for detached houses in the Liverpool local authority area.
• The November 2019 sale price of £305,000 represented a fair market value for the property.
• The size, condition, and specification of 5 MERRION CLOSE has not materially changed since November 2019.

How Large is 5 MERRION CLOSE?

5 MERRION CLOSE is 140m² according to the EPC inspection conducted in March 2019. This puts it in the largest 30% of detached houses houses in Liverpool, based on EPC data. The below chart shows the distribution of detached houses houses by size in Liverpool, and where 5 MERRION CLOSE lies on this distribution: 73% of detached houses houses are smaller than 5 MERRION CLOSE, and 27% of houses are larger. Note that EPC data is not available for all properties in Liverpool.

5 MERRION CLOSE: Plot and Title Map

5 MERRION CLOSE sits on a plot of roughly 0.108 of an acre, or 438m². The below map shows the location of 5 MERRION CLOSE, 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 5 MERRION CLOSE). 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 5 MERRION CLOSE?

5 MERRION CLOSE is located in LIVERPOOL, in the L25 postcode district. The below map shows the position of No. 5 on MERRION CLOSE.