18, MERLIN WAY, FARNBOROUGH, GU14 0PF - £289,000

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

18 MERLIN WAY is a very small extended detached house of 89m², built sometime between 1983 and 1990. It was last sold for £289,000 in May 2013, which was around 16% below the average May 2013 detached price in the Rushmoor local authority area. The most recent EPC inspection was December 2012, where the current energy rating was E, and the potential energy rating was C.

18 MERLIN WAY Sold Prices

Land registry data shows three sales for 18 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 18 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
2013 20 MAY	£289,000	£342,426	16% below HPI
2006 27 JUL	£265,000	£308,343	14% below HPI
2001 13 JUN	£179,950	£219,198	18% below HPI

18 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 18 MERLIN WAY sales between June 2001 and May 2013 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 2006 sale was for 14% below the HPI. So the extrapolation line tracks at 14% below the HPI over time, until the May 2013 sale, where it falls to 16% below the HPI. The line then continues to track at 16% below the HPI.

How Large is 18 MERLIN WAY?

18 MERLIN WAY is 89m², which includes three extensions, according to the EPC inspection conducted in December 2012. This puts it in the smallest 20% of detached houses in Farnborough, based on EPC data. The below chart shows the distribution of detached houses by size in Farnborough, and where 18 MERLIN WAY lies on this distribution: 19% of detached houses are smaller than 18 MERLIN WAY, and 80% of houses are larger. Note that EPC data is not available for all properties in Farnborough.

18 MERLIN WAY: Plot and Title Map

18 MERLIN WAY sits on a plot of roughly 0.070 of an acre, or 283m². The below map shows the location of 18 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 18 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 18 MERLIN WAY?

18 MERLIN WAY is located in FARNBOROUGH, in the GU14 postcode district. The below map shows the position of No. 18 on MERLIN WAY.