10, MERLIN CLOSE, BODICOTE, BANBURY, OX15 4GG - £440,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

10 MERLIN CLOSE is a midsized detached house of 122m². It was last sold for £440,000 in February 2021, which was around 10% below the average February 2021 detached price in the Cherwell local authority area. The most recent EPC inspection was July 2015, where the current energy rating was B, and the potential energy rating was A.

10 MERLIN CLOSE Sold Prices

Land registry data shows two sales for 10 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. Both of the two 10 MERLIN CLOSE 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
2021 19 FEB	£440,000	£491,489	10% below HPI
2015 8 JUL	£404,950	£440,569	8% below HPI

10 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 10 MERLIN CLOSE sales from July 2015 and February 2021 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 2015 sale was for 8% below the HPI. So the extrapolation line tracks at 8% below the HPI over time, until the February 2021 sale, where it falls to 10% below the HPI. The line then continues to track at 10% below the HPI.

How Large is 10 MERLIN CLOSE?

10 MERLIN CLOSE is 122m² according to the EPC inspection conducted in July 2015. This puts it in the smallest 50% of detached houses in Bodicote, based on EPC data. The below chart shows the distribution of detached houses by size in Bodicote, and where 10 MERLIN CLOSE lies on this distribution: 48% of detached houses are smaller than 10 MERLIN CLOSE, and 52% of houses are larger. Note that EPC data is not available for all properties in Bodicote.

10 MERLIN CLOSE: Plot and Title Map

10 MERLIN CLOSE sits on a plot of roughly 0.063 of an acre, or 254m². The below map shows the location of 10 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 10 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 10 MERLIN CLOSE?

10 MERLIN CLOSE is located in BODICOTE, in the OX15 postcode district. The below map shows the position of No. 10 on MERLIN CLOSE.