4, MERCHANT ROAD, ORMSKIRK, L39 4AD - £190,000

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.

4 MERCHANT ROAD is a very small terraced house of 80m², built sometime between 2007 and 2011, which could now be worth an estimated £280,436. It was last sold for £190,000 in June 2017, which was around 54% above the average June 2017 terraced price in the West Lancashire local authority area. The most recent EPC inspection was February 2022, where the current energy rating was C, and the potential energy rating was A.

4 MERCHANT ROAD Sold Prices

Land registry data shows two sales for 4 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 4 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
2017 20 JUN	£190,000	£123,020	54% above HPI
2011 16 MAY	£174,995	£113,384	54% above HPI

4 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 4 MERCHANT ROAD sales from May 2011 and June 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 May 2011 sale was for 54% above the HPI. So the extrapolation line tracks at 54% above the HPI over time, until the June 2017 sale, which was also at 54% above the HPI.

What might 4 MERCHANT ROAD be worth now?

4 MERCHANT ROAD might now be worth an estimated £280,436.

This is based on house price inflation of 47.6%, between June 2017 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 47.6% inflationary increase is applied to the most recent sale price for 4 MERCHANT ROAD of £190,000 on 20th June 2017. For the value to have increased from £190,000 to £280,436 over the nine years and two months to April 2026, the following assumptions must hold true:

• The value of 4 MERCHANT ROAD has moved in line with the HPI for terraced houses in the West Lancashire local authority area.
• The June 2017 sale price of £190,000 represented a fair market value for the property.
• The size, condition, and specification of 4 MERCHANT ROAD has not materially changed since June 2017.

How Large is 4 MERCHANT ROAD?

4 MERCHANT ROAD is 80m² according to the EPC inspection conducted in February 2022. This puts it in the smallest 10% 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 4 MERCHANT ROAD lies on this distribution: 6% of terraced houses houses are smaller than 4 MERCHANT ROAD, and 93% of houses are larger. Note that EPC data is not available for all properties in Ormskirk.

4 MERCHANT ROAD: Plot and Title Map

4 MERCHANT ROAD sits on a plot of roughly 0.044 of an acre, or 180m². The below map shows the location of 4 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 4 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 4 MERCHANT ROAD?

4 MERCHANT ROAD is located in ORMSKIRK, in the L39 postcode district. The below map shows the position of No. 4 on MERCHANT ROAD.