56, MERCURY WAY, SKELMERSDALE, WN8 6BF - £162,000

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

56 MERCURY WAY is a small extended detached house of 89m², built sometime between 1996 and 2002. It was last sold for £162,000 in February 2017, which was around 38% below the average February 2017 detached price in the West Lancashire local authority area. The most recent EPC inspection was June 2022, where the current energy rating was C, and the potential energy rating was B.

56 MERCURY WAY Sold Prices

Land registry data shows two sales for 56 MERCURY WAY since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the West Lancashire local authority area for the corresponding sale date. Both of the two 56 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 15 FEB	£162,000	£261,458	38% below HPI
2003 28 MAR	£104,995	£153,143	31% below HPI

56 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 two 56 MERCURY WAY sales from March 2003 and February 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 2003 sale was for 31% below the HPI. So the extrapolation line tracks at 31% below the HPI over time, until the February 2017 sale, where it falls to 38% below the HPI. The line then continues to track at 38% below the HPI.

What might 56 MERCURY WAY be worth now?

56 MERCURY WAY might now be worth an estimated £228,522.

This is based on house price inflation of 41.1%, between February 2017 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 41.1% inflationary increase is applied to the most recent sale price for 56 MERCURY WAY of £162,000 on 15th February 2017. For the value to have increased from £162,000 to £228,522 over the six years and two months to December 2024, the following assumptions must hold true:

• The value of 56 MERCURY WAY has moved in line with the HPI for detached houses in the West Lancashire local authority area.
• The February 2017 sale price of £162,000 represented a fair market value for the property.
• The size, condition, and specification of 56 MERCURY WAY has not materially changed since February 2017.

How Large is 56 MERCURY WAY?

56 MERCURY WAY is 89m², which includes one extension, according to the EPC inspection conducted in June 2022. This puts it in the smallest 30% of detached houses houses in Skelmersdale, based on EPC data. The below chart shows the distribution of detached houses houses by size in Skelmersdale, and where 56 MERCURY WAY lies on this distribution: 28% of detached houses houses are smaller than 56 MERCURY WAY, and 71% of houses are larger. Note that EPC data is not available for all properties in Skelmersdale.

56 MERCURY WAY: Plot and Title Map

56 MERCURY WAY sits on a plot of roughly 0.095 of an acre, or 385m². The below map shows the location of 56 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 56 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 56 MERCURY WAY?

56 MERCURY WAY is located in SKELMERSDALE, in the WN8 postcode district. The below map shows the position of No. 56 on MERCURY WAY.