24, MERLIN CLOSE, ROTHLEY, LEICESTER, LE7 7QJ - £328,000

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

24 MERLIN CLOSE is a midsized extended detached house of 118m², built sometime between 2003 and 2006, which could now be worth an estimated £414,017. It was last sold for £328,000 in June 2020, which was around 1% below the average June 2020 detached price in the Charnwood local authority area. The most recent EPC inspection was October 2019, where the current energy rating was D, and the potential energy rating was B.

24 MERLIN CLOSE Sold Prices

Land registry data shows three sales for 24 MERLIN CLOSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Charnwood local authority area for the corresponding sale date. Two of the three 24 MERLIN CLOSE sales were for below the average price, whilst one 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
2020 12 JUN	£328,000	£329,746	1% below HPI
2006 20 APR	£250,000	£225,448	11% above HPI
2001 16 FEB	£112,950	£118,826	5% below HPI

24 MERLIN CLOSE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Charnwood local authority area over time, sourced from the HPI. The three 24 MERLIN CLOSE sales between February 2001 and June 2020 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 April 2006 sale was for 11% above the HPI. So the extrapolation line tracks at 11% above the HPI over time, until the June 2020 sale, where it falls to 1% below the HPI. The line then continues to track at 1% below the HPI.

What might 24 MERLIN CLOSE be worth now?

24 MERLIN CLOSE might now be worth an estimated £414,017.

This is based on house price inflation of 26.2%, between June 2020 and February 2025, for detached houses, in the Charnwood local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 26.2% inflationary increase is applied to the most recent sale price for 24 MERLIN CLOSE of £328,000 on 12th June 2020. For the value to have increased from £328,000 to £414,017 over the five years and four months to February 2025, the following assumptions must hold true:

• The value of 24 MERLIN CLOSE has moved in line with the HPI for detached houses in the Charnwood local authority area.
• The June 2020 sale price of £328,000 represented a fair market value for the property.
• The size, condition, and specification of 24 MERLIN CLOSE has not materially changed since June 2020.

How Large is 24 MERLIN CLOSE?

24 MERLIN CLOSE is 118m², which includes one extension, according to the EPC inspection conducted in October 2019. This puts it in the smallest 50% of detached houses houses in Rothley, based on EPC data. The below chart shows the distribution of detached houses houses by size in Rothley, and where 24 MERLIN CLOSE lies on this distribution: 41% of detached houses houses are smaller than 24 MERLIN CLOSE, and 59% of houses are larger. Note that EPC data is not available for all properties in Rothley.

24 MERLIN CLOSE: Plot and Title Map

24 MERLIN CLOSE sits on a plot of roughly 0.069 of an acre, or 279m². The below map shows the location of 24 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 24 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 24 MERLIN CLOSE?

24 MERLIN CLOSE is located in ROTHLEY, in the LE7 postcode district. The below map shows the position of No. 24 on MERLIN CLOSE.