6, MERLIN WAY, BICESTER, OX26 6YG - £404,000

6 MERLIN WAY is a small extended detached house of 100m², built sometime between 1991 and 1995. It was last sold for £404,000 in March 2021, which was around 17% below the average March 2021 detached price in the Cherwell local authority area. The most recent EPC inspection was January 2021, where the current energy rating was D, and the potential energy rating was C.

6 MERLIN WAY Sold Prices

Land registry data shows six sales for 6 MERLIN WAY since 1^st January 1995. The below table shows the price paid for the six sales, along with the average detached price in the Cherwell local authority area for the corresponding sale date. All of the six 6 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
2021 26 MAR	£404,000	£487,015	17% below HPI
2019 9 AUG	£350,000	£468,433	25% below HPI
2005 11 AUG	£233,000	£305,391	24% below HPI
1999 27 AUG	£129,995	£157,659	18% below HPI
1997 28 FEB	£92,000	£107,838	15% below HPI
1997 14 FEB	£92,000	£107,838	15% below HPI

6 MERLIN WAY Price Paid vs. HPI Average

The below graph shows the average detached house price in the Cherwell local authority area over time, sourced from the HPI. The six 6 MERLIN WAY sales between February 1997 and March 2021 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 August 2019 sale was for 25% below the HPI. So the extrapolation line tracks at 25% below the HPI over time, until the March 2021 sale, where it rises to 17% below the HPI. The line then continues to track at 17% below the HPI.

How Large is 6 MERLIN WAY?

6 MERLIN WAY is 100m², which includes one extension, according to the EPC inspection conducted in January 2021. This puts it in the smallest 40% of detached houses in Bicester, based on EPC data. The below chart shows the distribution of detached houses by size in Bicester, and where 6 MERLIN WAY lies on this distribution: 31% of detached houses are smaller than 6 MERLIN WAY, and 68% of houses are larger. Note that EPC data is not available for all properties in Bicester.

6 MERLIN WAY: Plot and Title Map

6 MERLIN WAY sits on a plot of roughly 0.057 of an acre, or 232m². The below map shows the location of 6 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 6 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 6 MERLIN WAY?

6 MERLIN WAY is located in BICESTER, in the OX26 postcode district. The below map shows the position of No. 6 on MERLIN WAY.