12, MERLIN CLOSE, WALTHAM ABBEY, EN9 3NG - £517,500

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

12 MERLIN CLOSE is a large detached house of 141m², built sometime between 1991 and 1995. It was last sold for £517,500 in January 2016, which was around 34% below the average January 2016 detached price in the Epping Forest local authority area. The most recent EPC inspection was February 2011, where the current energy rating was D, and the potential energy rating was C.

12 MERLIN CLOSE Sold Prices

Land registry data shows four sales for 12 MERLIN CLOSE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Epping Forest local authority area for the corresponding sale date. All of the four 12 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
2016 7 JAN	£517,500	£780,639	34% below HPI
2014 30 OCT	£520,000	£686,490	24% below HPI
2011 30 JUN	£419,000	£547,208	23% below HPI
2004 13 DEC	£390,000	£462,413	16% below HPI

12 MERLIN CLOSE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Epping Forest local authority area over time, sourced from the HPI. The four 12 MERLIN CLOSE sales between December 2004 and January 2016 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 October 2014 sale was for 24% below the HPI. So the extrapolation line tracks at 24% below the HPI over time, until the January 2016 sale, where it falls to 34% below the HPI. The line then continues to track at 34% below the HPI.

How Large is 12 MERLIN CLOSE?

12 MERLIN CLOSE is 141m² according to the EPC inspection conducted in February 2011. This puts it in the largest 30% of detached houses in Waltham Abbey, based on EPC data. The below chart shows the distribution of detached houses by size in Waltham Abbey, and where 12 MERLIN CLOSE lies on this distribution: 70% of detached houses are smaller than 12 MERLIN CLOSE, and 30% of houses are larger. Note that EPC data is not available for all properties in Waltham Abbey.

12 MERLIN CLOSE: Plot and Title Map

12 MERLIN CLOSE sits on a plot of roughly 0.089 of an acre, or 361m². The below map shows the location of 12 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 12 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 12 MERLIN CLOSE?

12 MERLIN CLOSE is located in WALTHAM ABBEY, in the EN9 postcode district. The below map shows the position of No. 12 on MERLIN CLOSE.