1, MERLIN CLOSE, ROTHLEY, LEICESTER, LE7 7QJ - £453,000

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 MERLIN CLOSE is a midsized detached house of 123m², built sometime between 1996 and 2002, which could now be worth an estimated £471,270. It was last sold for £453,000 in August 2024, which was around 13% above the average August 2024 detached price in the Charnwood local authority area. The most recent EPC inspection was November 2022, where the current energy rating was C, and the potential energy rating was B.

1 MERLIN CLOSE Sold Prices

Land registry data shows five sales for 1 MERLIN CLOSE since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the Charnwood local authority area for the corresponding sale date. The five 1 MERLIN CLOSE sales were a mix of above the average price, and roughly equal to 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
2024 23 AUG	£453,000	£400,085	13% above HPI
2006 27 JAN	£240,000	£231,232	4% above HPI
2003 22 DEC	£207,000	£207,985	Close to HPI
2001 30 MAR	£137,000	£118,549	16% above HPI
2000 20 OCT	£132,950	£117,927	13% above HPI

1 MERLIN CLOSE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Charnwood local authority area over time, sourced from the HPI. The five 1 MERLIN CLOSE sales between October 2000 and August 2024 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 January 2006 sale was for 4% above the HPI. So the extrapolation line tracks at 4% above the HPI over time, until the August 2024 sale, where it rises to 13% above the HPI. The line then continues to track at 13% above the HPI.

What might 1 MERLIN CLOSE be worth now?

1 MERLIN CLOSE might now be worth an estimated £471,270.

This is based on house price inflation of 4%, between August 2024 and February 2025, for detached houses, in the Charnwood local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 4% inflationary increase is applied to the most recent sale price for 1 MERLIN CLOSE of £453,000 on 23rd August 2024. For the value to have increased from £453,000 to £471,270 over the one year and six months 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 Charnwood local authority area.
• The August 2024 sale price of £453,000 represented a fair market value for the property.
• The size, condition, and specification of 1 MERLIN CLOSE has not materially changed since August 2024.

How Large is 1 MERLIN CLOSE?

1 MERLIN CLOSE is 123m² according to the EPC inspection conducted in November 2022. This puts it in the smallest 50% of detached houses houses in Rothley, based on EPC data. The below chart shows the distribution of detached houses houses by size in Rothley, and where 1 MERLIN CLOSE lies on this distribution: 48% of detached houses houses are smaller than 1 MERLIN CLOSE, and 52% of houses are larger. Note that EPC data is not available for all properties in Rothley.

1 MERLIN CLOSE: Plot and Title Map

1 MERLIN CLOSE sits on a plot of roughly 0.097 of an acre, or 394m². 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 ROTHLEY, in the LE7 postcode district. The below map shows the position of No. 1 on MERLIN CLOSE.