14, MERLAY CLOSE, YARM, TS15 9TE - £186,000

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

14 MERLAY CLOSE is a midsized detached house of 119m², built sometime between 1996 and 2002. It was last sold for £186,000 in April 2013, which was around 2% below the average April 2013 detached price in the Stockton-on-Tees local authority area. The most recent EPC inspection was March 2010, where the current energy rating was C, and the potential energy rating was C.

14 MERLAY CLOSE Sold Prices

Land registry data shows three sales for 14 MERLAY CLOSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Stockton-on-Tees local authority area for the corresponding sale date. Two of the three 14 MERLAY CLOSE sales were for below the average price, whilst one was for above 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 26 APR	£186,000	£190,177	2% below HPI
2008 18 MAR	£265,950	£215,624	23% above HPI
2001 12 OCT	£86,000	£91,624	6% below HPI

14 MERLAY CLOSE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Stockton-on-Tees local authority area over time, sourced from the HPI. The three 14 MERLAY CLOSE sales between October 2001 and April 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 March 2008 sale was for 23% above the HPI. So the extrapolation line tracks at 23% above the HPI over time, until the April 2013 sale, where it falls to 2% below the HPI. The line then continues to track at 2% below the HPI.

How Large is 14 MERLAY CLOSE?

14 MERLAY CLOSE is 119m² according to the EPC inspection conducted in March 2010. This puts it in the smallest 50% of detached houses in Yarm, based on EPC data. The below chart shows the distribution of detached houses by size in Yarm, and where 14 MERLAY CLOSE lies on this distribution: 49% of detached houses are smaller than 14 MERLAY CLOSE, and 51% of houses are larger. Note that EPC data is not available for all properties in Yarm.

14 MERLAY CLOSE: Plot and Title Map

14 MERLAY CLOSE sits on a plot of roughly 0.091 of an acre, or 370m². The below map shows the location of 14 MERLAY 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 14 MERLAY 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 14 MERLAY CLOSE?

14 MERLAY CLOSE is located in YARM, in the TS15 postcode district. The below map shows the position of No. 14 on MERLAY CLOSE.