25, MERLIN CLOSE, WALTHAM ABBEY, EN9 3NG - £244,000

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

25 MERLIN CLOSE is a small extended detached house of 104m², built sometime between 1991 and 1995. It was last sold for £244,000 in October 2002, which was around 40% below the average October 2002 detached price in the Epping Forest local authority area. The most recent EPC inspection was September 2022, where the current energy rating was E, and the potential energy rating was C.

25 MERLIN CLOSE Sold Prices

Land registry data shows two sales for 25 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 Epping Forest local authority area for the corresponding sale date. Both of the two 25 MERLIN CLOSE 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
2002 18 OCT	£244,000	£404,748	40% below HPI
1996 1 MAR	£96,250	£157,352	39% below HPI

25 MERLIN CLOSE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Epping Forest local authority area over time, sourced from the HPI. The two 25 MERLIN CLOSE sales from March 1996 and October 2002 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 March 1996 sale was for 39% below the HPI. So the extrapolation line tracks at 39% below the HPI over time, until the October 2002 sale, where it falls to 40% below the HPI. The line then continues to track at 40% below the HPI.

How Large is 25 MERLIN CLOSE?

25 MERLIN CLOSE is 104m², which includes one extension, according to the EPC inspection conducted in September 2022. This puts it in the smallest 40% of detached houses in Waltham Abbey, based on EPC data. The below chart shows the distribution of detached houses by size in Waltham Abbey, and where 25 MERLIN CLOSE lies on this distribution: 32% of detached houses are smaller than 25 MERLIN CLOSE, and 68% of houses are larger. Note that EPC data is not available for all properties in Waltham Abbey.

25 MERLIN CLOSE: Plot and Title Map

25 MERLIN CLOSE sits on a plot of roughly 0.059 of an acre, or 237m². The below map shows the location of 25 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 25 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 25 MERLIN CLOSE?

25 MERLIN CLOSE is located in WALTHAM ABBEY, in the EN9 postcode district. The below map shows the position of No. 25 on MERLIN CLOSE.