2, MERLIN CLOSE, RUGBY, CV23 0WH - £401,000

2 MERLIN CLOSE is a midsized extended detached house of 112m², built sometime between 1996 and 2002. It was last sold for £401,000 in February 2023, which was around 14% below the average February 2023 detached price in the Rugby local authority area. The most recent EPC inspection was February 2014, where the current energy rating was D, and the potential energy rating was B.

2 MERLIN CLOSE Sold Prices

Land registry data shows four sales for 2 MERLIN CLOSE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Rugby local authority area for the corresponding sale date. All of the four 2 MERLIN CLOSE 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
2023 28 FEB	£401,000	£465,441	14% below HPI
2013 31 JAN	£225,000	£255,911	12% below HPI
2006 6 MAR	£235,000	£259,674	10% below HPI
2002 19 JUN	£169,950	£175,242	3% below HPI

2 MERLIN CLOSE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Rugby local authority area over time, sourced from the HPI. The four 2 MERLIN CLOSE sales between June 2002 and February 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 January 2013 sale was for 12% below the HPI. So the extrapolation line tracks at 12% below the HPI over time, until the February 2023 sale, where it falls to 14% below the HPI. The line then continues to track at 14% below the HPI.

How Large is 2 MERLIN CLOSE?

2 MERLIN CLOSE is 112m², which includes one extension, according to the EPC inspection conducted in February 2014. This puts it in the smallest 50% of detached houses in Rugby, based on EPC data. The below chart shows the distribution of detached houses by size in Rugby, and where 2 MERLIN CLOSE lies on this distribution: 46% of detached houses are smaller than 2 MERLIN CLOSE, and 53% of houses are larger. Note that EPC data is not available for all properties in Rugby.

2 MERLIN CLOSE: Plot and Title Map

2 MERLIN CLOSE sits on a plot of roughly 0.076 of an acre, or 307m². The below map shows the location of 2 MERLIN CLOSE, 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 2 MERLIN CLOSE). 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 2 MERLIN CLOSE?

2 MERLIN CLOSE is located in RUGBY, in the CV23 postcode district. The below map shows the position of No. 2 on MERLIN CLOSE.