21, MERLIN WAY, FARNBOROUGH, GU14 0PF - £422,500

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

21 MERLIN WAY is a very small detached house of 78m², built sometime between 1983 and 1990, which could now be worth an estimated £469,790. It was last sold for £422,500 in October 2017, which was around 17% below the average October 2017 detached price in the Rushmoor local authority area. The most recent EPC inspection was March 2014, where the current energy rating was D, and the potential energy rating was B.

21 MERLIN WAY Sold Prices

Land registry data shows two sales for 21 MERLIN WAY since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Rushmoor local authority area for the corresponding sale date. Both of the two 21 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
2017 31 OCT	£422,500	£510,859	17% below HPI
2014 20 JUN	£305,500	£385,475	21% below HPI

21 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 two 21 MERLIN WAY sales from June 2014 and October 2017 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 June 2014 sale was for 21% below the HPI. So the extrapolation line tracks at 21% below the HPI over time, until the October 2017 sale, where it rises to 17% below the HPI. The line then continues to track at 17% below the HPI.

What might 21 MERLIN WAY be worth now?

21 MERLIN WAY might now be worth an estimated £469,790.

This is based on house price inflation of 11.2%, between October 2017 and December 2024, for detached houses, in the Rushmoor local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 11.2% inflationary increase is applied to the most recent sale price for 21 MERLIN WAY of £422,500 on 31st October 2017. For the value to have increased from £422,500 to £469,790 over the six years and ten months to December 2024, the following assumptions must hold true:

• The value of 21 MERLIN WAY has moved in line with the HPI for detached houses in the Rushmoor local authority area.
• The October 2017 sale price of £422,500 represented a fair market value for the property.
• The size, condition, and specification of 21 MERLIN WAY has not materially changed since October 2017.

How Large is 21 MERLIN WAY?

21 MERLIN WAY is 78m² according to the EPC inspection conducted in March 2014. This puts it in the smallest 10% of detached houses houses in Farnborough, based on EPC data. The below chart shows the distribution of detached houses houses by size in Farnborough, and where 21 MERLIN WAY lies on this distribution: 8% of detached houses houses are smaller than 21 MERLIN WAY, and 92% of houses are larger. Note that EPC data is not available for all properties in Farnborough.

21 MERLIN WAY: Plot and Title Map

21 MERLIN WAY sits on a plot of roughly 0.073 of an acre, or 296m². The below map shows the location of 21 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 21 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 21 MERLIN WAY?

21 MERLIN WAY is located in FARNBOROUGH, in the GU14 postcode district. The below map shows the position of No. 21 on MERLIN WAY.