3, MERTON PLACE, RHYL, LL18 2PA - £174,950

Based on the July 2024 Price Paid Data (released on 29th August 2024), the June 2024 House Price Index (released on 14th August 2024), and the July 2024 Energy Performance of Buildings Data (released on 29th August 2024). Sources

3 MERTON PLACE is a very small detached house of 62m², built sometime between 1967 and 1975. It was last sold for £174,950 in November 2021, which was around 25% below the average November 2021 detached price in the Denbighshire local authority area. The most recent EPC inspection was August 2014, where the current energy rating was D, and the potential energy rating was B.

3 MERTON PLACE Sold Prices

Land registry data shows four sales for 3 MERTON PLACE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Denbighshire local authority area for the corresponding sale date. All of the four 3 MERTON PLACE 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 5 NOV	£174,950	£234,327	25% below HPI
2016 16 MAY	£123,000	£175,994	30% below HPI
2014 7 MAR	£105,000	£161,450	35% below HPI
1998 14 SEP	£38,950	£63,660	39% below HPI

3 MERTON PLACE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Denbighshire local authority area over time, sourced from the HPI. The four 3 MERTON PLACE sales between September 1998 and November 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 May 2016 sale was for 30% below the HPI. So the extrapolation line tracks at 30% below the HPI over time, until the November 2021 sale, where it rises to 25% below the HPI. The line then continues to track at 25% below the HPI.

How Large is 3 MERTON PLACE?

3 MERTON PLACE is 62m² according to the EPC inspection conducted in August 2014. This puts it in the smallest 20% of detached houses in Rhyl, based on EPC data. The below chart shows the distribution of detached houses by size in Rhyl, and where 3 MERTON PLACE lies on this distribution: 18% of detached houses are smaller than 3 MERTON PLACE, and 81% of houses are larger. Note that EPC data is not available for all properties in Rhyl.

3 MERTON PLACE: Plot and Title Map

3 MERTON PLACE sits on a plot of roughly 0.048 of an acre, or 196m². The below map shows the location of 3 MERTON PLACE, 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 MERTON PLACE). 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 MERTON PLACE?

3 MERTON PLACE is located in RHYL, in the LL18 postcode district. The below map shows the position of No. 3 on MERTON PLACE.