3, MERLIN CLOSE, TONBRIDGE, TN10 4JL - £420,000

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

3 MERLIN CLOSE is a very small detached house of 70m², built sometime between 1950 and 1966. It was last sold for £420,000 in August 2021, which was around 34% below the average August 2021 detached price in the Tonbridge and Malling local authority area. The most recent EPC inspection was March 2021, where the current energy rating was B, and the potential energy rating was B.

3 MERLIN CLOSE Sold Prices

Land registry data shows two sales for 3 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 Tonbridge and Malling local authority area for the corresponding sale date. Both of the two 3 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
2021 24 AUG	£420,000	£632,148	34% below HPI
2001 4 JUL	£180,000	£229,007	21% below HPI

3 MERLIN CLOSE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Tonbridge and Malling local authority area over time, sourced from the HPI. The two 3 MERLIN CLOSE sales from July 2001 and August 2021 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 July 2001 sale was for 21% below the HPI. So the extrapolation line tracks at 21% below the HPI over time, until the August 2021 sale, where it falls to 34% below the HPI. The line then continues to track at 34% below the HPI.

What might 3 MERLIN CLOSE be worth now?

3 MERLIN CLOSE might now be worth an estimated £447,076.

This is based on house price inflation of 6.4%, between August 2021 and December 2024, for detached houses, in the Tonbridge and Malling local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 6.4% inflationary increase is applied to the most recent sale price for 3 MERLIN CLOSE of £420,000 on 24th August 2021. For the value to have increased from £420,000 to £447,076 over the two years and eight months to December 2024, the following assumptions must hold true:

• The value of 3 MERLIN CLOSE has moved in line with the HPI for detached houses in the Tonbridge and Malling local authority area.
• The August 2021 sale price of £420,000 represented a fair market value for the property.
• The size, condition, and specification of 3 MERLIN CLOSE has not materially changed since August 2021.

How Large is 3 MERLIN CLOSE?

3 MERLIN CLOSE is 70m² according to the EPC inspection conducted in March 2021. This puts it in the smallest 10% of detached houses houses in Tonbridge, based on EPC data. The below chart shows the distribution of detached houses houses by size in Tonbridge, and where 3 MERLIN CLOSE lies on this distribution: 4% of detached houses houses are smaller than 3 MERLIN CLOSE, and 96% of houses are larger. Note that EPC data is not available for all properties in Tonbridge.

3 MERLIN CLOSE: Plot and Title Map

3 MERLIN CLOSE sits on a plot of roughly 0.077 of an acre, or 310m². 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 TONBRIDGE, in the TN10 postcode district. The below map shows the position of No. 3 on MERLIN CLOSE.