17, MERLIN CLOSE, RUGBY, CV23 0WH - £315,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

17 MERLIN CLOSE is a very large extended detached house of 179m², built sometime between 1996 and 2002. It was last sold for £315,000 in July 2012, which was around 26% above the average July 2012 detached price in the Rugby local authority area. The most recent EPC inspection was July 2009, where the current energy rating was C, and the potential energy rating was C.

17 MERLIN CLOSE Sold Prices

Land registry data shows two sales for 17 MERLIN CLOSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Rugby local authority area for the corresponding sale date. Both of the two 17 MERLIN CLOSE sales were for above 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
2012 25 JUL	£315,000	£250,848	26% above HPI
2002 21 JUN	£233,450	£170,431	37% above HPI

17 MERLIN CLOSE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Rugby local authority area over time, sourced from the HPI. The two 17 MERLIN CLOSE sales from June 2002 and July 2012 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 2002 sale was for 37% above the HPI. So the extrapolation line tracks at 37% above the HPI over time, until the July 2012 sale, where it falls to 26% above the HPI. The line then continues to track at 26% above the HPI.

What might 17 MERLIN CLOSE be worth now?

17 MERLIN CLOSE might now be worth an estimated £570,256.

This is based on house price inflation of 81%, between July 2012 and December 2024, for detached houses, in the Rugby local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 81% inflationary increase is applied to the most recent sale price for 17 MERLIN CLOSE of £315,000 on 25th July 2012. For the value to have increased from £315,000 to £570,256 over the eleven years and seven months to December 2024, the following assumptions must hold true:

• The value of 17 MERLIN CLOSE has moved in line with the HPI for detached houses in the Rugby local authority area.
• The July 2012 sale price of £315,000 represented a fair market value for the property.
• The size, condition, and specification of 17 MERLIN CLOSE has not materially changed since July 2012.

How Large is 17 MERLIN CLOSE?

17 MERLIN CLOSE is 179m², which includes one extension, according to the EPC inspection conducted in July 2009. This puts it in the largest 20% of detached houses houses in Rugby, based on EPC data. The below chart shows the distribution of detached houses houses by size in Rugby, and where 17 MERLIN CLOSE lies on this distribution: 89% of detached houses houses are smaller than 17 MERLIN CLOSE, and 11% of houses are larger. Note that EPC data is not available for all properties in Rugby.

17 MERLIN CLOSE: Plot and Title Map

17 MERLIN CLOSE sits on a plot of roughly 0.120 of an acre, or 485m². The below map shows the location of 17 MERLIN CLOSE, 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 17 MERLIN CLOSE). 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 17 MERLIN CLOSE?

17 MERLIN CLOSE is located in RUGBY, in the CV23 postcode district. The below map shows the position of No. 17 on MERLIN CLOSE.