Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources
18 MERLIN DRIVE is a small extended detached house of 103m², built sometime between 1996 and 2002. It was last sold for £395,000 in October 2018, which was around 22% below the average October 2018 detached price in the Central Bedfordshire local authority area. The most recent EPC inspection was June 2018, where the current energy rating was D, and the potential energy rating was C.
Land registry data shows four sales for 18 MERLIN DRIVE since 1st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Central Bedfordshire local authority area for the corresponding sale date. All of the four 18 MERLIN DRIVE 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 |
---|---|---|---|
2018 15 OCT | £395,000 | £508,026 | 22% below HPI |
2007 4 JUL | £265,000 | £331,509 | 20% below HPI |
2004 29 APR | £218,000 | £274,287 | 21% below HPI |
1999 29 SEP | £129,500 | £148,337 | 13% below HPI |
The below graph shows the average detached house price in the Central Bedfordshire local authority area over time, sourced from the HPI. The four 18 MERLIN DRIVE sales between September 1999 and October 2018 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 July 2007 sale was for 20% below the HPI. So the extrapolation line tracks at 20% below the HPI over time, until the October 2018 sale, where it falls to 22% below the HPI. The line then continues to track at 22% below the HPI.
18 MERLIN DRIVE is 103m², which includes two extensions, according to the EPC inspection conducted in June 2018. This puts it in the smallest 40% of detached houses in Sandy, based on EPC data. The below chart shows the distribution of detached houses by size in Sandy, and where 18 MERLIN DRIVE lies on this distribution: 30% of detached houses are smaller than 18 MERLIN DRIVE, and 67% of houses are larger. Note that EPC data is not available for all properties in Sandy.
18 MERLIN DRIVE sits on a plot of roughly 0.072 of an acre, or 293m². The below map shows the location of 18 MERLIN DRIVE, 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 DRIVE). 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.
18 MERLIN DRIVE is located in SANDY, in the SG19 postcode district. The below map shows the position of No. 18 on MERLIN DRIVE.