1, MERLIN ROAD, LEICESTER, LE4 9AT - £205,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

1 MERLIN ROAD is a midsized detached house of 117m². It was last sold for £205,000 in December 2015, which was around 16% below the average December 2015 detached price in the Leicester local authority area. The most recent EPC inspection was December 2014, where the current energy rating was A, and the potential energy rating was A.

1 MERLIN ROAD Sold Prices

Land registry data shows three sales for 1 MERLIN ROAD since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Leicester local authority area for the corresponding sale date. All of the three 1 MERLIN ROAD 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
2015 23 DEC	£205,000	£243,541	16% below HPI
2015 20 NOV	£215,000	£242,926	11% below HPI
2014 10 OCT	£214,995	£225,693	5% below HPI

1 MERLIN ROAD Price Paid vs. HPI Average

The below graph shows the average detached house price in the Leicester local authority area over time, sourced from the HPI. The three 1 MERLIN ROAD sales between October 2014 and December 2015 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 November 2015 sale was for 11% below the HPI. So the extrapolation line tracks at 11% below the HPI over time, until the December 2015 sale, where it falls to 16% below the HPI. The line then continues to track at 16% below the HPI.

How Large is 1 MERLIN ROAD?

1 MERLIN ROAD is 117m² according to the EPC inspection conducted in December 2014. This puts it in the largest 50% of detached houses in Leicester, based on EPC data. The below chart shows the distribution of detached houses by size in Leicester, and where 1 MERLIN ROAD lies on this distribution: 51% of detached houses are smaller than 1 MERLIN ROAD, and 48% of houses are larger. Note that EPC data is not available for all properties in Leicester.

1 MERLIN ROAD: Plot and Title Map

1 MERLIN ROAD sits on a plot of roughly 0.047 of an acre, or 189m². The below map shows the location of 1 MERLIN ROAD, 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 ROAD). 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 ROAD?

1 MERLIN ROAD is located in LEICESTER, in the LE4 postcode district. The below map shows the position of No. 1 on MERLIN ROAD.