22, MERLAY CLOSE, YARM, TS15 9TE - £188,500

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

22 MERLAY CLOSE is a midsized extended detached house of 118m², built sometime between 1976 and 1982. It was last sold for £188,500 in February 2016, which was around 7% below the average February 2016 detached price in the Stockton-on-Tees local authority area. The most recent EPC inspection was February 2024, where the current energy rating was C, and the potential energy rating was C.

22 MERLAY CLOSE Sold Prices

Land registry data shows two sales for 22 MERLAY 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 Stockton-on-Tees local authority area for the corresponding sale date. One of the two 22 MERLAY CLOSE sales was for below the average price, whilst the other was 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
2016 11 FEB	£188,500	£201,816	7% below HPI
2008 6 FEB	£250,000	£213,042	17% above HPI

22 MERLAY CLOSE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Stockton-on-Tees local authority area over time, sourced from the HPI. The two 22 MERLAY CLOSE sales from February 2008 and February 2016 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 February 2008 sale was for 17% above the HPI. So the extrapolation line tracks at 17% above the HPI over time, until the February 2016 sale, where it falls to 7% below the HPI. The line then continues to track at 7% below the HPI.

How Large is 22 MERLAY CLOSE?

22 MERLAY CLOSE is 118m², which includes three extensions, according to the EPC inspection conducted in February 2024. This puts it in the smallest 50% of detached houses in Yarm, based on EPC data. The below chart shows the distribution of detached houses by size in Yarm, and where 22 MERLAY CLOSE lies on this distribution: 48% of detached houses are smaller than 22 MERLAY CLOSE, and 52% of houses are larger. Note that EPC data is not available for all properties in Yarm.

22 MERLAY CLOSE: Plot and Title Map

22 MERLAY CLOSE sits on a plot of roughly 0.094 of an acre, or 381m². The below map shows the location of 22 MERLAY 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 22 MERLAY 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 22 MERLAY CLOSE?

22 MERLAY CLOSE is located in YARM, in the TS15 postcode district. The below map shows the position of No. 22 on MERLAY CLOSE.