2, MERLIN WAY, KIDSGROVE, STOKE-ON-TRENT, ST7 4YL - £220,000

2 MERLIN WAY is a large extended detached house of 115m², built sometime between 1991 and 1995. It was last sold for £220,000 in November 2020, which was around 13% below the average November 2020 detached price in the Newcastle-under-Lyme local authority area. The most recent EPC inspection was January 2020, where the current energy rating was C, and the potential energy rating was B.

2 MERLIN WAY Sold Prices

Land registry data shows five sales for 2 MERLIN WAY since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the Newcastle-under-Lyme local authority area for the corresponding sale date. Most of the five 2 MERLIN WAY 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
2020 4 NOV	£220,000	£252,895	13% below HPI
2009 6 NOV	£192,000	£178,004	8% above HPI
2006 13 APR	£193,000	£183,874	5% above HPI
2002 28 MAR	£112,000	£93,791	19% above HPI
1998 27 MAR	£78,000	£71,240	9% above HPI

2 MERLIN WAY Price Paid vs. HPI Average

The below graph shows the average detached house price in the Newcastle-under-Lyme local authority area over time, sourced from the HPI. The five 2 MERLIN WAY sales between March 1998 and November 2020 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 2009 sale was for 8% above the HPI. So the extrapolation line tracks at 8% above the HPI over time, until the November 2020 sale, where it falls to 13% below the HPI. The line then continues to track at 13% below the HPI.

How Large is 2 MERLIN WAY?

2 MERLIN WAY is 115m², which includes one extension, according to the EPC inspection conducted in January 2020. This puts it in the largest 30% of detached houses in Kidsgrove, based on EPC data. The below chart shows the distribution of detached houses by size in Kidsgrove, and where 2 MERLIN WAY lies on this distribution: 73% of detached houses are smaller than 2 MERLIN WAY, and 26% of houses are larger. Note that EPC data is not available for all properties in Kidsgrove.

2 MERLIN WAY: Plot and Title Map

2 MERLIN WAY sits on a plot of roughly 0.076 of an acre, or 309m². The below map shows the location of 2 MERLIN 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 2 MERLIN 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 2 MERLIN WAY?

2 MERLIN WAY is located in KIDSGROVE, in the ST7 postcode district. The below map shows the position of No. 2 on MERLIN WAY.