12, MERLIN DRIVE, ELY, CB6 3EA - £186,500

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 DRIVE is a very small detached house of 76m², built sometime between 1976 and 1982. It was last sold for £186,500 in January 2011, which was around 22% below the average January 2011 detached price in the East Cambridgeshire local authority area. The most recent EPC inspection was September 2022, where the current energy rating was D, and the potential energy rating was B.

12 MERLIN DRIVE Sold Prices

Land registry data shows two sales for 12 MERLIN DRIVE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the East Cambridgeshire local authority area for the corresponding sale date. Both of the two 12 MERLIN 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
2011 21 JAN	£186,500	£240,483	22% below HPI
1997 5 NOV	£79,950	£91,435	13% below HPI

12 MERLIN DRIVE Price Paid vs. HPI Average

The below graph shows the average detached house price in the East Cambridgeshire local authority area over time, sourced from the HPI. The two 12 MERLIN DRIVE sales from November 1997 and January 2011 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 November 1997 sale was for 13% below the HPI. So the extrapolation line tracks at 13% below the HPI over time, until the January 2011 sale, where it falls to 22% below the HPI. The line then continues to track at 22% below the HPI.

How Large is 12 MERLIN DRIVE?

12 MERLIN DRIVE is 76m² according to the EPC inspection conducted in September 2022. This puts it in the smallest 10% of detached houses in Ely, based on EPC data. The below chart shows the distribution of detached houses by size in Ely, and where 12 MERLIN DRIVE lies on this distribution: 8% of detached houses are smaller than 12 MERLIN DRIVE, and 91% of houses are larger. Note that EPC data is not available for all properties in Ely.

12 MERLIN DRIVE: Plot and Title Map

12 MERLIN DRIVE sits on a plot of roughly 0.130 of an acre, or 527m². The below map shows the location of 12 MERLIN 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 12 MERLIN 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.

Where is 12 MERLIN DRIVE?

12 MERLIN DRIVE is located in ELY, in the CB6 postcode district. The below map shows the position of No. 12 on MERLIN DRIVE.