7, MERLIN WAY, BICESTER, OX26 6YG - £315,000

7 MERLIN WAY is a small extended detached house of 98m², built sometime between 1983 and 1990. It was last sold for £315,000 in May 2006, which was around 1% above the average May 2006 detached price in the Cherwell local authority area. The most recent EPC inspection was April 2013, where the current energy rating was D, and the potential energy rating was B.

7 MERLIN WAY Sold Prices

Land registry data shows two sales for 7 MERLIN WAY since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Cherwell local authority area for the corresponding sale date. One of the two 7 MERLIN WAY sales was for above the average price, whilst the other was 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
2006 4 MAY	£315,000	£312,706	1% above HPI
1996 27 SEP	£92,500	£108,424	15% below HPI

7 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 two 7 MERLIN WAY sales from September 1996 and May 2006 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 September 1996 sale was for 15% below the HPI. So the extrapolation line tracks at 15% below the HPI over time, until the May 2006 sale, where it rises to 1% above the HPI. The line then continues to track at 1% above the HPI.

How Large is 7 MERLIN WAY?

7 MERLIN WAY is 98m², which includes one extension, according to the EPC inspection conducted in April 2013. This puts it in the smallest 30% of detached houses in Bicester, based on EPC data. The below chart shows the distribution of detached houses by size in Bicester, and where 7 MERLIN WAY lies on this distribution: 29% of detached houses are smaller than 7 MERLIN WAY, and 70% of houses are larger. Note that EPC data is not available for all properties in Bicester.

7 MERLIN WAY: Plot and Title Map

7 MERLIN WAY sits on a plot of roughly 0.086 of an acre, or 350m². The below map shows the location of 7 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 7 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 7 MERLIN WAY?

7 MERLIN WAY is located in BICESTER, in the OX26 postcode district. The below map shows the position of No. 7 on MERLIN WAY.