21, MERLECREST DRIVE, TARLETON, PRESTON, PR4 6BD - £205,000

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.

21 MERLECREST DRIVE is a very small terraced house of 77m², built sometime between 1996 and 2002, which could now be worth an estimated £224,731. It was last sold for £205,000 in October 2023, which was around 24% above the average October 2023 terraced price in the West Lancashire local authority area. The most recent EPC inspection was January 2015, where the current energy rating was C, and the potential energy rating was B.

21 MERLECREST DRIVE Sold Prices

Land registry data shows five sales for 21 MERLECREST DRIVE since 1^st January 1995. The below table shows the price paid for the five sales, along with the average terraced price in the West Lancashire local authority area for the corresponding sale date. All of the five 21 MERLECREST DRIVE 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
2023 18 OCT	£205,000	£165,633	24% above HPI
2021 25 NOV	£170,000	£141,015	21% above HPI
2016 31 MAR	£150,000	£119,184	26% above HPI
2005 1 JUN	£150,000	£103,029	46% above HPI
2001 28 AUG	£79,950	£48,180	66% above HPI

21 MERLECREST DRIVE 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 five 21 MERLECREST DRIVE sales between August 2001 and October 2023 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 November 2021 sale was for 21% above the HPI. So the extrapolation line tracks at 21% above the HPI over time, until the October 2023 sale, where it rises to 24% above the HPI. The line then continues to track at 24% above the HPI.

What might 21 MERLECREST DRIVE be worth now?

21 MERLECREST DRIVE might now be worth an estimated £224,731.

This is based on house price inflation of 9.6%, between October 2023 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 9.6% inflationary increase is applied to the most recent sale price for 21 MERLECREST DRIVE of £205,000 on 18th October 2023. For the value to have increased from £205,000 to £224,731 over the three years and six months to April 2026, the following assumptions must hold true:

• The value of 21 MERLECREST DRIVE has moved in line with the HPI for terraced houses in the West Lancashire local authority area.
• The October 2023 sale price of £205,000 represented a fair market value for the property.
• The size, condition, and specification of 21 MERLECREST DRIVE has not materially changed since October 2023.

How Large is 21 MERLECREST DRIVE?

21 MERLECREST DRIVE is 77m² according to the EPC inspection conducted in January 2015. This puts it in the smallest 10% of terraced houses houses in Tarleton, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Tarleton, and where 21 MERLECREST DRIVE lies on this distribution: 6% of terraced houses houses are smaller than 21 MERLECREST DRIVE, and 93% of houses are larger. Note that EPC data is not available for all properties in Tarleton.

21 MERLECREST DRIVE: Plot and Title Map

21 MERLECREST DRIVE sits on a plot of roughly 1.0 acres, or 4,060m². The below map shows the location of 21 MERLECREST DRIVE, 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 21 MERLECREST DRIVE). 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 21 MERLECREST DRIVE?

21 MERLECREST DRIVE is located in TARLETON, in the PR4 postcode district. The below map shows the position of No. 21 on MERLECREST DRIVE.