38, MERLIN WAY, KIDSGROVE, STOKE-ON-TRENT, ST7 4YL - £268,000

38 MERLIN WAY is a midsized extended detached house of 100m², built sometime between 1996 and 2002. It was last sold for £268,000 in July 2023, which was around 8% below the average July 2023 detached price in the Newcastle-under-Lyme local authority area. The most recent EPC inspection was August 2022, where the current energy rating was C, and the potential energy rating was B.

38 MERLIN WAY Sold Prices

Land registry data shows five sales for 38 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 38 MERLIN WAY 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 14 JUL	£268,000	£292,004	8% below HPI
2011 30 MAR	£171,000	£178,540	4% below HPI
2004 9 JUL	£158,950	£163,096	3% below HPI
2000 19 MAY	£89,950	£76,662	17% above HPI
1999 5 MAR	£74,950	£74,306	1% above HPI

38 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 38 MERLIN WAY sales between March 1999 and July 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 March 2011 sale was for 4% below the HPI. So the extrapolation line tracks at 4% below the HPI over time, until the July 2023 sale, where it falls to 8% below the HPI. The line then continues to track at 8% below the HPI.

How Large is 38 MERLIN WAY?

38 MERLIN WAY is 100m², which includes one extension, according to the EPC inspection conducted in August 2022. This puts it in the largest 50% of detached houses in Kidsgrove, based on EPC data. The below chart shows the distribution of detached houses by size in Kidsgrove, and where 38 MERLIN WAY lies on this distribution: 55% of detached houses are smaller than 38 MERLIN WAY, and 41% of houses are larger. Note that EPC data is not available for all properties in Kidsgrove.

38 MERLIN WAY: Plot and Title Map

38 MERLIN WAY sits on a plot of roughly 0.061 of an acre, or 247m². The below map shows the location of 38 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 38 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 38 MERLIN WAY?

38 MERLIN WAY is located in KIDSGROVE, in the ST7 postcode district. The below map shows the position of No. 38 on MERLIN WAY.