16, MERCHANT ROAD, ORMSKIRK, L39 4AD - £182,950

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.

16 MERCHANT ROAD is a small terraced house of 104m², which could now be worth an estimated £303,188. It was last sold for £182,950 in June 2014, which was around 67% above the average June 2014 terraced price in the West Lancashire local authority area. The most recent EPC inspection was June 2011, where the current energy rating was B, and the potential energy rating was B.

16 MERCHANT ROAD Sold Prices

Land registry data shows two sales for 16 MERCHANT ROAD since 1^st January 1995. The below table shows the price paid for the two sales, along with the average terraced price in the West Lancashire local authority area for the corresponding sale date. Both of the two 16 MERCHANT ROAD 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
2014 16 JUN	£182,950	£109,566	67% above HPI
2011 31 AUG	£189,995	£111,791	70% above HPI

16 MERCHANT ROAD Price Paid vs. HPI Average

The below graph shows the average terraced house price in the West Lancashire local authority area over time, sourced from the HPI. The two 16 MERCHANT ROAD sales from August 2011 and June 2014 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 August 2011 sale was for 70% above the HPI. So the extrapolation line tracks at 70% above the HPI over time, until the June 2014 sale, where it falls to 67% above the HPI. The line then continues to track at 67% above the HPI.

What might 16 MERCHANT ROAD be worth now?

16 MERCHANT ROAD might now be worth an estimated £303,188.

This is based on house price inflation of 65.7%, between June 2014 and April 2026, for terraced 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 65.7% inflationary increase is applied to the most recent sale price for 16 MERCHANT ROAD of £182,950 on 16th June 2014. For the value to have increased from £182,950 to £303,188 over the twelve years and two months to April 2026, the following assumptions must hold true:

• The value of 16 MERCHANT ROAD has moved in line with the HPI for terraced houses in the West Lancashire local authority area.
• The June 2014 sale price of £182,950 represented a fair market value for the property.
• The size, condition, and specification of 16 MERCHANT ROAD has not materially changed since June 2014.

How Large is 16 MERCHANT ROAD?

16 MERCHANT ROAD is 104m² according to the EPC inspection conducted in June 2011. This puts it in the smallest 30% of terraced houses houses in Ormskirk, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Ormskirk, and where 16 MERCHANT ROAD lies on this distribution: 23% of terraced houses houses are smaller than 16 MERCHANT ROAD, and 77% of houses are larger. Note that EPC data is not available for all properties in Ormskirk.

16 MERCHANT ROAD: Plot and Title Map

16 MERCHANT ROAD sits on a plot of roughly 0.029 of an acre, or 118m². The below map shows the location of 16 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 16 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 16 MERCHANT ROAD?

16 MERCHANT ROAD is located in ORMSKIRK, in the L39 postcode district. The below map shows the position of No. 16 on MERCHANT ROAD.