1, MERLIN CLOSE, BODICOTE, BANBURY, OX15 4GG - £467,500

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

1 MERLIN CLOSE is a large detached house of 141m², which could now be worth an estimated £570,687. It was last sold for £467,500 in March 2019, which was about the average March 2019 detached price in the Cherwell local authority area. The most recent EPC inspection was October 2015, where the current energy rating was B, and the potential energy rating was A.

1 MERLIN CLOSE Sold Prices

Land registry data shows two sales for 1 MERLIN CLOSE 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 1 MERLIN CLOSE sales was roughly equal to the average price, whilst the other was 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
2019 11 MAR	£467,500	£466,159	Close to HPI
2015 30 OCT	£467,500	£441,538	6% above HPI

1 MERLIN CLOSE 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 1 MERLIN CLOSE sales from October 2015 and March 2019 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 2015 sale was for 6% above the HPI. So the extrapolation line tracks at 6% above the HPI over time, until the March 2019 sale, where it falls to roughly the same level as the HPI. The line then continues to track in line with the HPI.

What might 1 MERLIN CLOSE be worth now?

1 MERLIN CLOSE might now be worth an estimated £570,687.

This is based on house price inflation of 22.1%, between March 2019 and February 2025, for detached houses, in the Cherwell local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 22.1% inflationary increase is applied to the most recent sale price for 1 MERLIN CLOSE of £467,500 on 11th March 2019. For the value to have increased from £467,500 to £570,687 over the six years and one month to February 2025, the following assumptions must hold true:

• The value of 1 MERLIN CLOSE has moved in line with the HPI for detached houses in the Cherwell local authority area.
• The March 2019 sale price of £467,500 represented a fair market value for the property.
• The size, condition, and specification of 1 MERLIN CLOSE has not materially changed since March 2019.

How Large is 1 MERLIN CLOSE?

1 MERLIN CLOSE is 141m² according to the EPC inspection conducted in October 2015. This puts it in the largest 30% of detached houses houses in Bodicote, based on EPC data. The below chart shows the distribution of detached houses houses by size in Bodicote, and where 1 MERLIN CLOSE lies on this distribution: 76% of detached houses houses are smaller than 1 MERLIN CLOSE, and 24% of houses are larger. Note that EPC data is not available for all properties in Bodicote.

1 MERLIN CLOSE: Plot and Title Map

1 MERLIN CLOSE sits on a plot of roughly 0.079 of an acre, or 318m². The below map shows the location of 1 MERLIN 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 MERLIN 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 MERLIN CLOSE?

1 MERLIN CLOSE is located in BODICOTE, in the OX15 postcode district. The below map shows the position of No. 1 on MERLIN CLOSE.