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

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

21 MERLIN WAY is a very small detached house of 78m², built sometime between 1983 and 1990. It was last sold for £422,500 in October 2017, which was around 19% 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	£518,412	19% below HPI
2014 20 JUN	£305,500	£391,175	22% 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 22% below the HPI. So the extrapolation line tracks at 22% below the HPI over time, until the October 2017 sale, where it rises to 19% below the HPI. The line then continues to track at 19% below the HPI.

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 in Farnborough, based on EPC data. The below chart shows the distribution of detached houses by size in Farnborough, and where 21 MERLIN WAY lies on this distribution: 8% of detached 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.