15, MERLIN WAY, KIDSGROVE, STOKE-ON-TRENT, ST7 4YL - £162,000

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 68m², built sometime between 1996 and 2002. It was last sold for £162,000 in May 2014, which was around 15% below the average May 2014 detached price in the Newcastle-under-Lyme local authority area. The most recent EPC inspection was February 2024, where the current energy rating was C, and the potential energy rating was B.

15 MERLIN WAY Sold Prices

Land registry data shows five sales for 15 MERLIN WAY since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the Newcastle-under-Lyme local authority area for the corresponding sale date. All of the five 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
2014 23 MAY	£162,000	£189,608	15% below HPI
2007 15 JUN	£157,000	£199,174	21% below HPI
2003 5 DEC	£112,000	£142,433	21% below HPI
2001 20 APR	£68,000	£87,507	22% below HPI
1997 12 SEP	£59,950	£71,471	16% below HPI

15 MERLIN WAY Price Paid vs. HPI Average

The below graph shows the average detached house price in the Newcastle-under-Lyme local authority area over time, sourced from the HPI. The five 15 MERLIN WAY sales between September 1997 and May 2014 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 June 2007 sale was for 21% below the HPI. So the extrapolation line tracks at 21% below the HPI over time, until the May 2014 sale, where it rises to 15% below the HPI. The line then continues to track at 15% below the HPI.

How Large is 15 MERLIN WAY?

15 MERLIN WAY is 68m² according to the EPC inspection conducted in February 2024. This puts it in the smallest 20% of detached houses in Kidsgrove, based on EPC data. The below chart shows the distribution of detached houses by size in Kidsgrove, and where 15 MERLIN WAY lies on this distribution: 12% of detached houses are smaller than 15 MERLIN WAY, and 87% of houses are larger. Note that EPC data is not available for all properties in Kidsgrove.

15 MERLIN WAY: Plot and Title Map

15 MERLIN WAY sits on a plot of roughly 0.054 of an acre, or 219m². 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 KIDSGROVE, in the ST7 postcode district. The below map shows the position of No. 15 on MERLIN WAY.