3, MERLIN CLOSE, BELPER, DE56 0QL - £175,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

3 MERLIN CLOSE is a midsized extended detached house of 104m², built sometime between 1991 and 1995. It was last sold for £175,000 in March 2009, which was around 2% below the average March 2009 detached price in the Amber Valley local authority area. The most recent EPC inspection was July 2012, where the current energy rating was B, and the potential energy rating was B.

3 MERLIN CLOSE Sold Prices

Land registry data shows four sales for 3 MERLIN CLOSE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Amber Valley local authority area for the corresponding sale date. Most of the four 3 MERLIN CLOSE sales were 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
2009 27 MAR	£175,000	£178,870	2% below HPI
2003 1 AUG	£168,500	£148,884	13% above HPI
2000 4 OCT	£96,500	£84,364	14% above HPI
1995 29 MAR	£70,000	£66,404	5% above HPI

3 MERLIN CLOSE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Amber Valley local authority area over time, sourced from the HPI. The four 3 MERLIN CLOSE sales between March 1995 and March 2009 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 13% above the HPI. So the extrapolation line tracks at 13% above the HPI over time, until the March 2009 sale, where it falls to 2% below the HPI. The line then continues to track at 2% below the HPI.

How Large is 3 MERLIN CLOSE?

3 MERLIN CLOSE is 104m², which includes one extension, according to the EPC inspection conducted in July 2012. This puts it in the largest 50% of detached houses in Belper, based on EPC data. The below chart shows the distribution of detached houses by size in Belper, and where 3 MERLIN CLOSE lies on this distribution: 57% of detached houses are smaller than 3 MERLIN CLOSE, and 43% of houses are larger. Note that EPC data is not available for all properties in Belper.

3 MERLIN CLOSE: Plot and Title Map

3 MERLIN CLOSE sits on a plot of roughly 0.063 of an acre, or 256m². The below map shows the location of 3 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 3 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 3 MERLIN CLOSE?

3 MERLIN CLOSE is located in BELPER, in the DE56 postcode district. The below map shows the position of No. 3 on MERLIN CLOSE.