94, MERCURY WAY, SKELMERSDALE, WN8 6BF - £105,500

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.

94 MERCURY WAY is a very small terraced house of 66m², built sometime between 2003 and 2006, which could now be worth an estimated £169,274. It was last sold for £105,500 in March 2014, which was around 1% below the average March 2014 terraced price in the West Lancashire local authority area. The most recent EPC inspection was November 2013, where the current energy rating was C, and the potential energy rating was B.

94 MERCURY WAY Sold Prices

Land registry data shows three sales for 94 MERCURY WAY since 1^st January 1995. The below table shows the price paid for the three sales, along with the average terraced price in the West Lancashire local authority area for the corresponding sale date. One of the three 94 MERCURY WAY sales was for below the average price, whilst two 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 7 MAR	£105,500	£106,681	1% below HPI
2007 2 NOV	£127,000	£119,169	7% above HPI
2004 17 DEC	£114,950	£96,241	19% above HPI

94 MERCURY WAY 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 three 94 MERCURY WAY sales between December 2004 and March 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 November 2007 sale was for 7% above the HPI. So the extrapolation line tracks at 7% above the HPI over time, until the March 2014 sale, where it falls to 1% below the HPI. The line then continues to track at 1% below the HPI.

What might 94 MERCURY WAY be worth now?

94 MERCURY WAY might now be worth an estimated £169,274.

This is based on house price inflation of 60.4%, between March 2014 and June 2025, 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 60.4% inflationary increase is applied to the most recent sale price for 94 MERCURY WAY of £105,500 on 7th March 2014. For the value to have increased from £105,500 to £169,274 over the ten years and nine months to June 2025, the following assumptions must hold true:

• The value of 94 MERCURY WAY has moved in line with the HPI for terraced houses in the West Lancashire local authority area.
• The March 2014 sale price of £105,500 represented a fair market value for the property.
• The size, condition, and specification of 94 MERCURY WAY has not materially changed since March 2014.

How Large is 94 MERCURY WAY?

94 MERCURY WAY is 66m² according to the EPC inspection conducted in November 2013. This puts it in the smallest 10% of terraced houses houses in Skelmersdale, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Skelmersdale, and where 94 MERCURY WAY lies on this distribution: 3% of terraced houses houses are smaller than 94 MERCURY WAY, and 97% of houses are larger. Note that EPC data is not available for all properties in Skelmersdale.

94 MERCURY WAY: Plot and Title Map

94 MERCURY WAY sits on a plot of roughly 0.042 of an acre, or 170m². The below map shows the location of 94 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 94 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 94 MERCURY WAY?

94 MERCURY WAY is located in SKELMERSDALE, in the WN8 postcode district. The below map shows the position of No. 94 on MERCURY WAY.