12, MERCHANT ROAD, ORMSKIRK, L39 4AD - £141,500

12 MERCHANT ROAD is a very small detached house of 5m². It was last sold for £141,500 in July 2015, which was around 43% below the average July 2015 detached price in the West Lancashire local authority area. The most recent EPC inspection was April 2011, where the current energy rating was B, and the potential energy rating was B.

12 MERCHANT ROAD Sold Prices

Land registry data shows two sales for 12 MERCHANT ROAD 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 12 MERCHANT ROAD 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
2015 17 JUL	£141,500	£248,822	43% below HPI
2011 20 MAY	£146,295	£254,173	42% below HPI

12 MERCHANT ROAD 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 12 MERCHANT ROAD sales from May 2011 and July 2015 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 May 2011 sale was for 42% below the HPI. So the extrapolation line tracks at 42% below the HPI over time, until the July 2015 sale, where it falls to 43% below the HPI. The line then continues to track at 43% below the HPI.

How Large is 12 MERCHANT ROAD?

12 MERCHANT ROAD is 5m² according to the EPC inspection conducted in April 2011. This puts it in the smallest 10% of detached houses in Ormskirk, based on EPC data. The below chart shows the distribution of detached houses by size in Ormskirk, and where 12 MERCHANT ROAD lies on this distribution: Less than 1% of detached houses are smaller than 12 MERCHANT ROAD, and more than 99% of houses are larger. Note that EPC data is not available for all properties in Ormskirk.

12 MERCHANT ROAD: Plot and Title Map

12 MERCHANT ROAD sits on a plot of roughly 0.059 of an acre, or 240m². The below map shows the location of 12 MERCHANT ROAD, 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 12 MERCHANT ROAD). 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 12 MERCHANT ROAD?

12 MERCHANT ROAD is located in ORMSKIRK, in the L39 postcode district. The below map shows the position of No. 12 on MERCHANT ROAD.