14, MERLIN CLOSE, HEAPEY, CHORLEY, PR6 9BB - £192,500

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

14 MERLIN CLOSE is a very small detached house of 78m², built sometime between 1991 and 1995. It was last sold for £192,500 in March 2010, which was around 12% below the average March 2010 detached price in the Chorley local authority area. The most recent EPC inspection was November 2009, where the current energy rating was E, and the potential energy rating was D.

14 MERLIN CLOSE Sold Prices

Land registry data shows five sales for 14 MERLIN CLOSE since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the Chorley local authority area for the corresponding sale date. All of the five 14 MERLIN CLOSE 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
2010 22 MAR	£192,500	£218,311	12% below HPI
2007 30 MAR	£196,000	£228,630	14% below HPI
2002 23 AUG	£119,000	£128,774	8% below HPI
1999 17 SEP	£81,000	£91,006	11% below HPI
1996 25 SEP	£77,950	£83,366	6% below HPI

14 MERLIN CLOSE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Chorley local authority area over time, sourced from the HPI. The five 14 MERLIN CLOSE sales between September 1996 and March 2010 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 2007 sale was for 14% below the HPI. So the extrapolation line tracks at 14% below the HPI over time, until the March 2010 sale, where it rises to 12% below the HPI. The line then continues to track at 12% below the HPI.

How Large is 14 MERLIN CLOSE?

14 MERLIN CLOSE is 78m² according to the EPC inspection conducted in November 2009. This puts it in the smallest 20% of detached houses in Chorley, based on EPC data. The below chart shows the distribution of detached houses by size in Chorley, and where 14 MERLIN CLOSE lies on this distribution: 12% of detached houses are smaller than 14 MERLIN CLOSE, and 88% of houses are larger. Note that EPC data is not available for all properties in Chorley.

14 MERLIN CLOSE: Plot and Title Map

14 MERLIN CLOSE sits on a plot of roughly 0.055 of an acre, or 225m². 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 HEAPEY, in the PR6 postcode district. The below map shows the position of No. 14 on MERLIN CLOSE.