25, MERLIN WAY, CREWE, CW1 3YP - £154,000

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 WAY is a small extended detached house of 90m², built sometime between 1983 and 1990. It was last sold for £154,000 in January 2016, which was around 51% below the average January 2016 detached price in the Cheshire East local authority area. The most recent EPC inspection was May 2015, where the current energy rating was C, and the potential energy rating was B.

25 MERLIN WAY Sold Prices

Land registry data shows five sales for 25 MERLIN WAY since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the Cheshire East local authority area for the corresponding sale date. All of the five 25 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
2016 15 JAN	£154,000	£317,507	51% below HPI
2003 24 AUG	£118,950	£216,618	45% below HPI
2000 18 FEB	£55,000	£125,093	56% below HPI
1996 1 AUG	£50,000	£99,644	50% below HPI
1995 30 JUN	£50,000	£94,409	47% below HPI

25 MERLIN WAY Price Paid vs. HPI Average

The below graph shows the average detached house price in the Cheshire East local authority area over time, sourced from the HPI. The five 25 MERLIN WAY sales between June 1995 and January 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 August 2003 sale was for 45% below the HPI. So the extrapolation line tracks at 45% below the HPI over time, until the January 2016 sale, where it falls to 51% below the HPI. The line then continues to track at 51% below the HPI.

How Large is 25 MERLIN WAY?

25 MERLIN WAY is 90m², which includes one extension, according to the EPC inspection conducted in May 2015. This puts it in the smallest 40% of detached houses in Crewe, based on EPC data. The below chart shows the distribution of detached houses by size in Crewe, and where 25 MERLIN WAY lies on this distribution: 30% of detached houses are smaller than 25 MERLIN WAY, and 68% of houses are larger. Note that EPC data is not available for all properties in Crewe.

25 MERLIN WAY: Plot and Title Map

25 MERLIN WAY sits on a plot of roughly 0.071 of an acre, or 287m². The below map shows the location of 25 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 25 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 25 MERLIN WAY?

25 MERLIN WAY is located in CREWE, in the CW1 postcode district. The below map shows the position of No. 25 on MERLIN WAY.