115, MERLIN WAY, CHIPPING SODBURY, BRISTOL, BS37 6XT - £265,000

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

115 MERLIN WAY is a very small detached house of 78m², built sometime between 1967 and 1975. It was last sold for £265,000 in April 2024, which was around 51% below the average April 2024 detached price in the South Gloucestershire local authority area. The most recent EPC inspection was July 2023, where the current energy rating was E, and the potential energy rating was B.

115 MERLIN WAY Sold Prices

Land registry data shows two sales for 115 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 115 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
2024 19 APR	£265,000	£543,658	51% below HPI
2003 12 SEP	£140,000	£245,308	43% below HPI

115 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 115 MERLIN WAY sales from September 2003 and April 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 September 2003 sale was for 43% below the HPI. So the extrapolation line tracks at 43% below the HPI over time, until the April 2024 sale, where it falls to 51% below the HPI. The line then continues to track at 51% below the HPI.

How Large is 115 MERLIN WAY?

115 MERLIN WAY is 78m² according to the EPC inspection conducted in July 2023. This puts it in the smallest 10% of detached houses in Chipping Sodbury, based on EPC data. The below chart shows the distribution of detached houses by size in Chipping Sodbury, and where 115 MERLIN WAY lies on this distribution: 5% of detached houses are smaller than 115 MERLIN WAY, and 94% of houses are larger. Note that EPC data is not available for all properties in Chipping Sodbury.

115 MERLIN WAY: Plot and Title Map

115 MERLIN WAY sits on a plot of roughly 0.054 of an acre, or 218m². The below map shows the location of 115 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 115 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 115 MERLIN WAY?

115 MERLIN WAY is located in CHIPPING SODBURY, in the BS37 postcode district. The below map shows the position of No. 115 on MERLIN WAY.