1, MERINO CLOSE, STOKE-ON-TRENT, ST3 4TT - £59,500

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

1 MERINO CLOSE is a very small semi-detached house of 55m², built sometime between 1996 and 2002. It was last sold for £59,500 in May 2001, which was around 52% above the average May 2001 semi-detached price in the Stoke-on-Trent local authority area. The most recent EPC inspection was April 2010, where the current energy rating was C, and the potential energy rating was C.

1 MERINO CLOSE Sold Prices

Land registry data shows two sales for 1 MERINO CLOSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average semi-detached price in the Stoke-on-Trent local authority area for the corresponding sale date. Both of the two 1 MERINO CLOSE 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
2001 18 MAY	£59,500	£39,181	52% above HPI
1999 22 OCT	£55,995	£36,523	53% above HPI

1 MERINO CLOSE Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Stoke-on-Trent local authority area over time, sourced from the HPI. The two 1 MERINO CLOSE sales from October 1999 and May 2001 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 October 1999 sale was for 53% above the HPI. So the extrapolation line tracks at 53% above the HPI over time, until the May 2001 sale, where it falls to 52% above the HPI. The line then continues to track at 52% above the HPI.

What might 1 MERINO CLOSE be worth now?

1 MERINO CLOSE might now be worth an estimated £232,568.

This is based on house price inflation of 290.9%, between May 2001 and December 2024, for semi-detached houses, in the Stoke-on-Trent local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 290.9% inflationary increase is applied to the most recent sale price for 1 MERINO CLOSE of £59,500 on 18th May 2001. For the value to have increased from £59,500 to £232,568 over the 22 years and five months to December 2024, the following assumptions must hold true:

• The value of 1 MERINO CLOSE has moved in line with the HPI for semi-detached houses in the Stoke-on-Trent local authority area.
• The May 2001 sale price of £59,500 represented a fair market value for the property.
• The size, condition, and specification of 1 MERINO CLOSE has not materially changed since May 2001.

How Large is 1 MERINO CLOSE?

1 MERINO CLOSE is 55m² according to the EPC inspection conducted in April 2010. This puts it in the smallest 10% of semi-detached houses houses in Stoke-on-Trent, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Stoke-on-Trent, and where 1 MERINO CLOSE lies on this distribution: 4% of semi-detached houses houses are smaller than 1 MERINO CLOSE, and 96% of houses are larger. Note that EPC data is not available for all properties in Stoke-on-Trent.

1 MERINO CLOSE: Plot and Title Map

1 MERINO CLOSE sits on a plot of roughly 0.042 of an acre, or 170m². The below map shows the location of 1 MERINO CLOSE, 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 1 MERINO CLOSE). 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 1 MERINO CLOSE?

1 MERINO CLOSE is located in STOKE-ON-TRENT, in the ST3 postcode district. The below map shows the position of No. 1 on MERINO CLOSE.