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
115 MERRYHILLS DRIVE is a midsized extended detached house of 152m², built sometime between 1976 and 1982. It was last sold for £559,000 in August 2013, which was around 11% below the average August 2013 detached price in the Enfield local authority area. The most recent EPC inspection was October 2022, where the current energy rating was D, and the potential energy rating was C.
Land registry data shows four sales for 115 MERRYHILLS DRIVE since 1st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Enfield local authority area for the corresponding sale date. All of the four 115 MERRYHILLS DRIVE 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 |
---|---|---|---|
2013 27 AUG | £559,000 | £628,849 | 11% below HPI |
2007 22 AUG | £435,000 | £557,773 | 22% below HPI |
1997 11 DEC | £209,000 | £218,890 | 5% below HPI |
1997 26 SEP | £176,000 | £210,940 | 17% below HPI |
The below graph shows the average detached house price in the Enfield local authority area over time, sourced from the HPI. The four 115 MERRYHILLS DRIVE sales between September 1997 and August 2013 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 August 2007 sale was for 22% below the HPI. So the extrapolation line tracks at 22% below the HPI over time, until the August 2013 sale, where it rises to 11% below the HPI. The line then continues to track at 11% below the HPI.
115 MERRYHILLS DRIVE is 152m², which includes three extensions, according to the EPC inspection conducted in October 2022. This puts it in the largest 50% of detached houses in London, based on EPC data. The below chart shows the distribution of detached houses by size in London, and where 115 MERRYHILLS DRIVE lies on this distribution: 55% of detached houses are smaller than 115 MERRYHILLS DRIVE, and 45% of houses are larger. Note that EPC data is not available for all properties in London.
115 MERRYHILLS DRIVE sits on a plot of roughly 0.060 of an acre, or 241m². The below map shows the location of 115 MERRYHILLS DRIVE, 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 MERRYHILLS DRIVE). 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.
115 MERRYHILLS DRIVE is located in ENFIELD, in the EN2 postcode district. The below map shows the position of No. 115 on MERRYHILLS DRIVE.