15, MERLIN AVENUE, NORWICH, NR7 8BY - £253,000

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.

15 MERLIN AVENUE is a small extended detached house of 91m², built sometime between 1967 and 1975, which could now be worth an estimated £305,953. It was last sold for £253,000 in December 2018, which was around 28% below the average December 2018 detached price in the Broadland local authority area. The most recent EPC inspection was June 2018, where the current energy rating was D, and the potential energy rating was B.

15 MERLIN AVENUE Sold Prices

Land registry data shows two sales for 15 MERLIN AVENUE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Broadland local authority area for the corresponding sale date. Both of the two 15 MERLIN AVENUE 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
2018 14 DEC	£253,000	£350,241	28% below HPI
2007 24 AUG	£190,000	£261,354	27% below HPI

15 MERLIN AVENUE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Broadland local authority area over time, sourced from the HPI. The two 15 MERLIN AVENUE sales from August 2007 and December 2018 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 August 2007 sale was for 27% below the HPI. So the extrapolation line tracks at 27% below the HPI over time, until the December 2018 sale, where it falls to 28% below the HPI. The line then continues to track at 28% below the HPI.

What might 15 MERLIN AVENUE be worth now?

15 MERLIN AVENUE might now be worth an estimated £305,953.

This is based on house price inflation of 20.9%, between December 2018 and February 2025, for detached houses, in the Broadland local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 20.9% inflationary increase is applied to the most recent sale price for 15 MERLIN AVENUE of £253,000 on 14th December 2018. For the value to have increased from £253,000 to £305,953 over the seven years and ten months to February 2025, the following assumptions must hold true:

• The value of 15 MERLIN AVENUE has moved in line with the HPI for detached houses in the Broadland local authority area.
• The December 2018 sale price of £253,000 represented a fair market value for the property.
• The size, condition, and specification of 15 MERLIN AVENUE has not materially changed since December 2018.

How Large is 15 MERLIN AVENUE?

15 MERLIN AVENUE is 91m², which includes one extension, according to the EPC inspection conducted in June 2018. This puts it in the smallest 40% of detached houses houses in Norwich, based on EPC data. The below chart shows the distribution of detached houses houses by size in Norwich, and where 15 MERLIN AVENUE lies on this distribution: 31% of detached houses houses are smaller than 15 MERLIN AVENUE, and 68% of houses are larger. Note that EPC data is not available for all properties in Norwich.

15 MERLIN AVENUE: Plot and Title Map

15 MERLIN AVENUE sits on a plot of roughly 0.116 of an acre, or 471m². The below map shows the location of 15 MERLIN AVENUE, 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 15 MERLIN AVENUE). 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 15 MERLIN AVENUE?

15 MERLIN AVENUE is located in NORWICH, in the NR7 postcode district. The below map shows the position of No. 15 on MERLIN AVENUE.