123, MERLIN DRIVE, QUEDGELEY, GLOUCESTER, GL2 4NJ - £284,432

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

123 MERLIN DRIVE is a small extended detached house of 95m², built sometime between 1996 and 2002. It was last sold for £284,432 in May 2021, which was around 22% below the average May 2021 detached price in the Gloucester local authority area. The most recent EPC inspection was April 2015, where the current energy rating was D, and the potential energy rating was B.

123 MERLIN DRIVE Sold Prices

Land registry data shows five sales for 123 MERLIN DRIVE since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the Gloucester local authority area for the corresponding sale date. All of the five 123 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
2021 18 MAY	£284,432	£364,187	22% below HPI
2015 24 JUL	£217,500	£268,643	19% below HPI
2000 7 DEC	£106,000	£127,588	17% below HPI
2000 28 APR	£99,950	£115,580	14% below HPI
1998 18 DEC	£88,350	£93,242	5% below HPI

123 MERLIN DRIVE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Gloucester local authority area over time, sourced from the HPI. The five 123 MERLIN DRIVE sales between December 1998 and May 2021 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 July 2015 sale was for 19% below the HPI. So the extrapolation line tracks at 19% below the HPI over time, until the May 2021 sale, where it falls to 22% below the HPI. The line then continues to track at 22% below the HPI.

How Large is 123 MERLIN DRIVE?

123 MERLIN DRIVE is 95m², which includes one extension, according to the EPC inspection conducted in April 2015. This puts it in the smallest 40% of detached houses in Quedgeley, based on EPC data. The below chart shows the distribution of detached houses by size in Quedgeley, and where 123 MERLIN DRIVE lies on this distribution: 37% of detached houses are smaller than 123 MERLIN DRIVE, and 62% of houses are larger. Note that EPC data is not available for all properties in Quedgeley.

123 MERLIN DRIVE: Plot and Title Map

123 MERLIN DRIVE sits on a plot of roughly 0.069 of an acre, or 278m². The below map shows the location of 123 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 123 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 123 MERLIN DRIVE?

123 MERLIN DRIVE is located in QUEDGELEY, in the GL2 postcode district. The below map shows the position of No. 123 on MERLIN DRIVE.