16, MERLIN WAY, FARNBOROUGH, GU14 0PF - £428,000

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

16 MERLIN WAY is a small extended detached house of 99m², built sometime between 1983 and 1990. It was last sold for £428,000 in March 2021, which was around 19% below the average March 2021 detached price in the Rushmoor local authority area. The most recent EPC inspection was January 2021, where the current energy rating was D, and the potential energy rating was C.

16 MERLIN WAY Sold Prices

Land registry data shows three sales for 16 MERLIN WAY since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Rushmoor local authority area for the corresponding sale date. All of the three 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
2021 29 MAR	£428,000	£527,148	19% below HPI
2012 14 DEC	£275,000	£341,641	20% below HPI
1998 17 DEC	£133,000	£153,221	13% below HPI

16 MERLIN WAY Price Paid vs. HPI Average

The below graph shows the average detached house price in the Rushmoor local authority area over time, sourced from the HPI. The three 16 MERLIN WAY sales between December 1998 and March 2021 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 2012 sale was for 20% below the HPI. So the extrapolation line tracks at 20% below the HPI over time, until the March 2021 sale, where it rises to 19% below the HPI. The line then continues to track at 19% below the HPI.

How Large is 16 MERLIN WAY?

16 MERLIN WAY is 99m², which includes two extensions, according to the EPC inspection conducted in January 2021. This puts it in the smallest 40% of detached houses in Farnborough, based on EPC data. The below chart shows the distribution of detached houses by size in Farnborough, and where 16 MERLIN WAY lies on this distribution: 31% of detached houses are smaller than 16 MERLIN WAY, and 68% of houses are larger. Note that EPC data is not available for all properties in Farnborough.

16 MERLIN WAY: Plot and Title Map

16 MERLIN WAY sits on a plot of roughly 0.062 of an acre, or 249m². 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.

Where is 16 MERLIN WAY?

16 MERLIN WAY is located in FARNBOROUGH, in the GU14 postcode district. The below map shows the position of No. 16 on MERLIN WAY.