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
16 MERLIN WAY is a small extended detached house of 100m², built sometime between 1976 and 1982. It was last sold for £267,000 in May 2015, which was around 25% below the average May 2015 detached price in the South Gloucestershire local authority area. The most recent EPC inspection was April 2024, where the current energy rating was C, and the potential energy rating was B.
Land registry data shows two sales for 16 MERLIN WAY since 1st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the South Gloucestershire local authority area for the corresponding sale date. Both of the two 16 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 |
---|---|---|---|
2015 14 MAY | £267,000 | £355,657 | 25% below HPI |
2006 10 FEB | £187,000 | £273,642 | 32% below HPI |
The below graph shows the average detached house price in the South Gloucestershire local authority area over time, sourced from the HPI. The two 16 MERLIN WAY sales from February 2006 and May 2015 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 February 2006 sale was for 32% below the HPI. So the extrapolation line tracks at 32% below the HPI over time, until the May 2015 sale, where it rises to 25% below the HPI. The line then continues to track at 25% below the HPI.
16 MERLIN WAY is 100m², which includes one extension, according to the EPC inspection conducted in April 2024. This puts it in the smallest 40% of detached houses in Chipping Sodbury, based on EPC data. The below chart shows the distribution of detached houses by size in Chipping Sodbury, and where 16 MERLIN WAY lies on this distribution: 33% of detached houses are smaller than 16 MERLIN WAY, and 65% of houses are larger. Note that EPC data is not available for all properties in Chipping Sodbury.
16 MERLIN WAY sits on a plot of roughly 0.088 of an acre, or 355m². The below map shows the location of 16 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 16 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.
16 MERLIN WAY is located in CHIPPING SODBURY, in the BS37 postcode district. The below map shows the position of No. 16 on MERLIN WAY.