3, MERLIN WAY, KIDSGROVE, STOKE-ON-TRENT, ST7 4YL - £280,000

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

3 MERLIN WAY is a small detached house of 86m², built sometime between 1991 and 1995. It was last sold for £280,000 in May 2022, which was about the average May 2022 detached price in the Newcastle-under-Lyme local authority area. The most recent EPC inspection was January 2013, where the current energy rating was D, and the potential energy rating was B.

3 MERLIN WAY Sold Prices

Land registry data shows five sales for 3 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 Newcastle-under-Lyme local authority area for the corresponding sale date. The five 3 MERLIN WAY sales were a mix of roughly equal to the average price, and 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
2022 27 MAY	£280,000	£281,304	Close to HPI
2015 23 JAN	£153,000	£190,762	20% below HPI
2005 28 OCT	£158,000	£181,382	13% below HPI
2002 4 OCT	£94,000	£111,741	16% below HPI
1997 5 SEP	£66,950	£71,471	6% below HPI

3 MERLIN WAY Price Paid vs. HPI Average

The below graph shows the average detached house price in the Newcastle-under-Lyme local authority area over time, sourced from the HPI. The five 3 MERLIN WAY sales between September 1997 and May 2022 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 January 2015 sale was for 20% below the HPI. So the extrapolation line tracks at 20% below the HPI over time, until the May 2022 sale, where it rises to roughly the same level as the HPI. The line then continues to track in line with the HPI.

How Large is 3 MERLIN WAY?

3 MERLIN WAY is 86m² according to the EPC inspection conducted in January 2013. This puts it in the smallest 40% of detached houses in Kidsgrove, based on EPC data. The below chart shows the distribution of detached houses by size in Kidsgrove, and where 3 MERLIN WAY lies on this distribution: 36% of detached houses are smaller than 3 MERLIN WAY, and 63% of houses are larger. Note that EPC data is not available for all properties in Kidsgrove.

3 MERLIN WAY: Plot and Title Map

3 MERLIN WAY sits on a plot of roughly 0.053 of an acre, or 215m². The below map shows the location of 3 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 3 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 3 MERLIN WAY?

3 MERLIN WAY is located in KIDSGROVE, in the ST7 postcode district. The below map shows the position of No. 3 on MERLIN WAY.