18, MERLIN CLOSE, HEAPEY, CHORLEY, PR6 9BB - £148,500

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

18 MERLIN CLOSE is a small extended detached house of 91m², built sometime between 1996 and 2002. It was last sold for £148,500 in July 2003, which was around 4% below the average July 2003 detached price in the Chorley local authority area. The most recent EPC inspection was October 2016, where the current energy rating was D, and the potential energy rating was B.

18 MERLIN CLOSE Sold Prices

Land registry data shows two sales for 18 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 Chorley local authority area for the corresponding sale date. One of the two 18 MERLIN CLOSE sales was for below the average price, whilst the other was 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
2003 8 JUL	£148,500	£155,443	4% below HPI
1996 6 SEP	£86,950	£83,366	4% above HPI

18 MERLIN CLOSE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Chorley local authority area over time, sourced from the HPI. The two 18 MERLIN CLOSE sales from September 1996 and July 2003 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 September 1996 sale was for 4% above the HPI. So the extrapolation line tracks at 4% above the HPI over time, until the July 2003 sale, where it falls to 4% below the HPI. The line then continues to track at 4% below the HPI.

How Large is 18 MERLIN CLOSE?

18 MERLIN CLOSE is 91m², which includes one extension, according to the EPC inspection conducted in October 2016. This puts it in the smallest 30% of detached houses in Chorley, based on EPC data. The below chart shows the distribution of detached houses by size in Chorley, and where 18 MERLIN CLOSE lies on this distribution: 23% of detached houses are smaller than 18 MERLIN CLOSE, and 76% of houses are larger. Note that EPC data is not available for all properties in Chorley.

18 MERLIN CLOSE: Plot and Title Map

18 MERLIN CLOSE sits on a plot of roughly 0.074 of an acre, or 300m². The below map shows the location of 18 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 18 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 18 MERLIN CLOSE?

18 MERLIN CLOSE is located in HEAPEY, in the PR6 postcode district. The below map shows the position of No. 18 on MERLIN CLOSE.