2, MERLIN CLOSE, PORTHCAWL, CF36 3UB - £238,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

2 MERLIN CLOSE is a very small extended detached house of 84m², built sometime between 1950 and 1966, which could now be worth an estimated £426,048. It was last sold for £238,000 in October 2015, which was around 29% above the average October 2015 detached price in the Bridgend local authority area. The most recent EPC inspection was July 2015, where the current energy rating was D, and the potential energy rating was B.

2 MERLIN CLOSE Sold Prices

Land registry data shows two sales for 2 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 Bridgend local authority area for the corresponding sale date. Both of the two 2 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
2015 2 OCT	£238,000	£183,851	29% above HPI
1999 16 NOV	£93,000	£80,039	16% above HPI

2 MERLIN CLOSE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Bridgend local authority area over time, sourced from the HPI. The two 2 MERLIN CLOSE sales from November 1999 and October 2015 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 November 1999 sale was for 16% above the HPI. So the extrapolation line tracks at 16% above the HPI over time, until the October 2015 sale, where it rises to 29% above the HPI. The line then continues to track at 29% above the HPI.

What might 2 MERLIN CLOSE be worth now?

2 MERLIN CLOSE might now be worth an estimated £426,048.

This is based on house price inflation of 79%, between October 2015 and February 2025, for detached houses, in the Bridgend local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 79% inflationary increase is applied to the most recent sale price for 2 MERLIN CLOSE of £238,000 on 2nd October 2015. For the value to have increased from £238,000 to £426,048 over the ten years and eight months to February 2025, the following assumptions must hold true:

• The value of 2 MERLIN CLOSE has moved in line with the HPI for detached houses in the Bridgend local authority area.
• The October 2015 sale price of £238,000 represented a fair market value for the property.
• The size, condition, and specification of 2 MERLIN CLOSE has not materially changed since October 2015.

How Large is 2 MERLIN CLOSE?

2 MERLIN CLOSE is 84m², which includes one extension, according to the EPC inspection conducted in July 2015. This puts it in the smallest 20% of detached houses houses in Porthcawl, based on EPC data. The below chart shows the distribution of detached houses houses by size in Porthcawl, and where 2 MERLIN CLOSE lies on this distribution: 17% of detached houses houses are smaller than 2 MERLIN CLOSE, and 83% of houses are larger. Note that EPC data is not available for all properties in Porthcawl.

2 MERLIN CLOSE: Plot and Title Map

2 MERLIN CLOSE sits on a plot of roughly 0.111 of an acre, or 448m². The below map shows the location of 2 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 2 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 2 MERLIN CLOSE?

2 MERLIN CLOSE is located in PORTHCAWL, in the CF36 postcode district. The below map shows the position of No. 2 on MERLIN CLOSE.