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
17 MERLIN WAY is a very large detached house of 134m², built sometime between 1996 and 2002. It was last sold for £180,000 in May 2019, which was around 21% below the average May 2019 detached price in the Newcastle-under-Lyme local authority area. The most recent EPC inspection was October 2013, where the current energy rating was D, and the potential energy rating was B.
Land registry data shows five sales for 17 MERLIN WAY since 1st 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 17 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 3 MAY | £180,000 | £227,057 | 21% below HPI |
2019 26 APR | £188,000 | £229,606 | 18% below HPI |
2014 14 APR | £167,500 | £188,853 | 11% below HPI |
2005 18 MAR | £158,500 | £174,176 | 9% below HPI |
1997 21 NOV | £67,950 | £70,204 | 3% below HPI |
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 17 MERLIN WAY sales between November 1997 and May 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 April 2019 sale was for 18% below the HPI. So the extrapolation line tracks at 18% below the HPI over time, until the May 2019 sale, where it falls to 21% below the HPI. The line then continues to track at 21% below the HPI.
17 MERLIN WAY is 134m² according to the EPC inspection conducted in October 2013. This puts it in the largest 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 17 MERLIN WAY lies on this distribution: 89% of detached houses are smaller than 17 MERLIN WAY, and 11% of houses are larger. Note that EPC data is not available for all properties in Kidsgrove.
17 MERLIN WAY sits on a plot of roughly 0.062 of an acre, or 251m². The below map shows the location of 17 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 17 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.
17 MERLIN WAY is located in KIDSGROVE, in the ST7 postcode district. The below map shows the position of No. 17 on MERLIN WAY.