14, MERLIN CLOSE, BODICOTE, BANBURY, OX15 4GG - £305,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

14 MERLIN CLOSE is a very small semi-detached house of 83m², which could now be worth an estimated £379,855. It was last sold for £305,000 in October 2016, which was around 9% above the average October 2016 semi-detached price in the Cherwell local authority area. The most recent EPC inspection was June 2014, where the current energy rating was B, and the potential energy rating was A.

14 MERLIN CLOSE Sold Prices

Land registry data shows two sales for 14 MERLIN CLOSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average semi-detached price in the Cherwell local authority area for the corresponding sale date. Both of the two 14 MERLIN CLOSE sales were 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
2016 17 OCT	£305,000	£279,557	9% above HPI
2015 31 JUL	£279,950	£263,616	6% above HPI

14 MERLIN CLOSE Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Cherwell local authority area over time, sourced from the HPI. The two 14 MERLIN CLOSE sales from July 2015 and October 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 July 2015 sale was for 6% above the HPI. So the extrapolation line tracks at 6% above the HPI over time, until the October 2016 sale, where it rises to 9% above the HPI. The line then continues to track at 9% above the HPI.

What might 14 MERLIN CLOSE be worth now?

14 MERLIN CLOSE might now be worth an estimated £379,855.

This is based on house price inflation of 24.5%, between October 2016 and February 2025, for semi-detached houses, in the Cherwell local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 24.5% inflationary increase is applied to the most recent sale price for 14 MERLIN CLOSE of £305,000 on 17th October 2016. For the value to have increased from £305,000 to £379,855 over the nine years and eight months to February 2025, the following assumptions must hold true:

• The value of 14 MERLIN CLOSE has moved in line with the HPI for semi-detached houses in the Cherwell local authority area.
• The October 2016 sale price of £305,000 represented a fair market value for the property.
• The size, condition, and specification of 14 MERLIN CLOSE has not materially changed since October 2016.

How Large is 14 MERLIN CLOSE?

14 MERLIN CLOSE is 83m² according to the EPC inspection conducted in June 2014. This puts it in the smallest 10% of semi-detached houses houses in Bodicote, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Bodicote, and where 14 MERLIN CLOSE lies on this distribution: 5% of semi-detached houses houses are smaller than 14 MERLIN CLOSE, and 95% of houses are larger. Note that EPC data is not available for all properties in Bodicote.

14 MERLIN CLOSE: Plot and Title Map

14 MERLIN CLOSE sits on a plot of roughly 0.044 of an acre, or 178m². The below map shows the location of 14 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 14 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 14 MERLIN CLOSE?

14 MERLIN CLOSE is located in BODICOTE, in the OX15 postcode district. The below map shows the position of No. 14 on MERLIN CLOSE.