1, MERLIN WAY, CHIPPING SODBURY, BRISTOL, BS37 6XP - £190,000

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 WAY is a very small detached house of 84m², built sometime between 1967 and 1975. It was last sold for £190,000 in June 2012, which was around 34% below the average June 2012 detached price in the South Gloucestershire local authority area. The most recent EPC inspection was July 2011, where the current energy rating was E, and the potential energy rating was D.

1 MERLIN WAY Sold Prices

Land registry data shows two sales for 1 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 South Gloucestershire local authority area for the corresponding sale date. Both of the two 1 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
2012 1 JUN	£190,000	£288,808	34% below HPI
2001 18 JUL	£109,000	£168,329	35% below HPI

1 MERLIN WAY Price Paid vs. HPI Average

The below graph shows the average detached house price in the South Gloucestershire local authority area over time, sourced from the HPI. The two 1 MERLIN WAY sales from July 2001 and June 2012 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 July 2001 sale was for 35% below the HPI. So the extrapolation line tracks at 35% below the HPI over time, until the June 2012 sale, where it rises to 34% below the HPI. The line then continues to track at 34% below the HPI.

What might 1 MERLIN WAY be worth now?

1 MERLIN WAY might now be worth an estimated £365,841.

This is based on house price inflation of 92.5%, between June 2012 and December 2024, for detached houses, in the South Gloucestershire local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 92.5% inflationary increase is applied to the most recent sale price for 1 MERLIN WAY of £190,000 on 1st June 2012. For the value to have increased from £190,000 to £365,841 over the eleven years and six months to December 2024, the following assumptions must hold true:

• The value of 1 MERLIN WAY has moved in line with the HPI for detached houses in the South Gloucestershire local authority area.
• The June 2012 sale price of £190,000 represented a fair market value for the property.
• The size, condition, and specification of 1 MERLIN WAY has not materially changed since June 2012.

How Large is 1 MERLIN WAY?

1 MERLIN WAY is 84m² according to the EPC inspection conducted in July 2011. This puts it in the smallest 20% of detached houses houses in Chipping Sodbury, based on EPC data. The below chart shows the distribution of detached houses houses by size in Chipping Sodbury, and where 1 MERLIN WAY lies on this distribution: 12% of detached houses houses are smaller than 1 MERLIN WAY, and 88% of houses are larger. Note that EPC data is not available for all properties in Chipping Sodbury.

1 MERLIN WAY: Plot and Title Map

1 MERLIN WAY sits on a plot of roughly 0.081 of an acre, or 328m². The below map shows the location of 1 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 1 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 1 MERLIN WAY?

1 MERLIN WAY is located in CHIPPING SODBURY, in the BS37 postcode district. The below map shows the position of No. 1 on MERLIN WAY.