12, MERLIN DRIVE, SANDY, SG19 2UN - £395,000

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

12 MERLIN DRIVE is a small extended detached house of 105m², built sometime between 1996 and 2002. It was last sold for £395,000 in May 2023, which was around 31% below the average May 2023 detached price in the Central Bedfordshire local authority area. The most recent EPC inspection was September 2016, where the current energy rating was D, and the potential energy rating was C.

12 MERLIN DRIVE Sold Prices

Land registry data shows four sales for 12 MERLIN DRIVE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Central Bedfordshire local authority area for the corresponding sale date. All of the four 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
2023 26 MAY	£395,000	£570,486	31% below HPI
2020 20 JAN	£382,500	£493,646	23% below HPI
2003 21 MAR	£184,000	£264,281	30% below HPI
1998 3 AUG	£104,000	£131,558	21% below HPI

12 MERLIN DRIVE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Central Bedfordshire local authority area over time, sourced from the HPI. The four 12 MERLIN DRIVE sales between August 1998 and May 2023 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 January 2020 sale was for 23% below the HPI. So the extrapolation line tracks at 23% below the HPI over time, until the May 2023 sale, where it falls to 31% below the HPI. The line then continues to track at 31% below the HPI.

How Large is 12 MERLIN DRIVE?

12 MERLIN DRIVE is 105m², which includes two extensions, according to the EPC inspection conducted in September 2016. This puts it in the smallest 40% of detached houses in Sandy, based on EPC data. The below chart shows the distribution of detached houses by size in Sandy, and where 12 MERLIN DRIVE lies on this distribution: 33% of detached houses are smaller than 12 MERLIN DRIVE, and 66% of houses are larger. Note that EPC data is not available for all properties in Sandy.

12 MERLIN DRIVE: Plot and Title Map

12 MERLIN DRIVE sits on a plot of roughly 0.071 of an acre, or 285m². 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 SANDY, in the SG19 postcode district. The below map shows the position of No. 12 on MERLIN DRIVE.