15, MERLIN WAY, CREWE, CW1 3YP - £152,000

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

15 MERLIN WAY is a very small detached house of 66m², built sometime between 1991 and 1995. It was last sold for £152,000 in July 2019, which was around 58% below the average July 2019 detached price in the Cheshire East local authority area. The most recent EPC inspection was March 2019, where the current energy rating was C, and the potential energy rating was B.

15 MERLIN WAY Sold Prices

Land registry data shows four sales for 15 MERLIN WAY since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Cheshire East local authority area for the corresponding sale date. All of the four 15 MERLIN WAY 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
2019 12 JUL	£152,000	£361,554	58% below HPI
2010 17 DEC	£124,000	£281,579	56% below HPI
2006 8 DEC	£141,500	£281,657	50% below HPI
2003 5 AUG	£88,950	£216,618	59% below HPI

15 MERLIN WAY Price Paid vs. HPI Average

The below graph shows the average detached house price in the Cheshire East local authority area over time, sourced from the HPI. The four 15 MERLIN WAY sales between August 2003 and July 2019 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 December 2010 sale was for 56% below the HPI. So the extrapolation line tracks at 56% below the HPI over time, until the July 2019 sale, where it falls to 58% below the HPI. The line then continues to track at 58% below the HPI.

How Large is 15 MERLIN WAY?

15 MERLIN WAY is 66m² according to the EPC inspection conducted in March 2019. This puts it in the smallest 10% of detached houses in Crewe, based on EPC data. The below chart shows the distribution of detached houses by size in Crewe, and where 15 MERLIN WAY lies on this distribution: 8% of detached houses are smaller than 15 MERLIN WAY, and 92% of houses are larger. Note that EPC data is not available for all properties in Crewe.

15 MERLIN WAY: Plot and Title Map

15 MERLIN WAY sits on a plot of roughly 0.045 of an acre, or 182m². The below map shows the location of 15 MERLIN WAY, 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 WAY). 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 WAY?

15 MERLIN WAY is located in CREWE, in the CW1 postcode district. The below map shows the position of No. 15 on MERLIN WAY.