9, MERLIN WAY, EAST GRINSTEAD, RH19 3XG - £545,000

9 MERLIN WAY is a midsized extended detached house of 122m², built sometime between 1967 and 1975. It was last sold for £545,000 in September 2018, which was around 13% below the average September 2018 detached price in the Mid Sussex local authority area. The most recent EPC inspection was March 2018, where the current energy rating was D, and the potential energy rating was B.

9 MERLIN WAY Sold Prices

Land registry data shows two sales for 9 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 Mid Sussex local authority area for the corresponding sale date. Both of the two 9 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
2018 24 SEP	£545,000	£625,692	13% below HPI
2015 26 MAY	£425,000	£500,890	15% below HPI

9 MERLIN WAY Price Paid vs. HPI Average

The below graph shows the average detached house price in the Mid Sussex local authority area over time, sourced from the HPI. The two 9 MERLIN WAY sales from May 2015 and September 2018 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 May 2015 sale was for 15% below the HPI. So the extrapolation line tracks at 15% below the HPI over time, until the September 2018 sale, where it rises to 13% below the HPI. The line then continues to track at 13% below the HPI.

How Large is 9 MERLIN WAY?

9 MERLIN WAY is 122m², which includes one extension, according to the EPC inspection conducted in March 2018. This puts it in the largest 50% of detached houses in East Grinstead, based on EPC data. The below chart shows the distribution of detached houses by size in East Grinstead, and where 9 MERLIN WAY lies on this distribution: 51% of detached houses are smaller than 9 MERLIN WAY, and 48% of houses are larger. Note that EPC data is not available for all properties in East Grinstead.

9 MERLIN WAY: Plot and Title Map

9 MERLIN WAY sits on a plot of roughly 0.139 of an acre, or 561m². The below map shows the location of 9 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 9 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 9 MERLIN WAY?

9 MERLIN WAY is located in EAST GRINSTEAD, in the RH19 postcode district. The below map shows the position of No. 9 on MERLIN WAY.