31, MERLIN CLOSE, WALTHAM ABBEY, EN9 3NG - £338,000

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

31 MERLIN CLOSE is a small detached house of 101m², built sometime between 1991 and 1995. It was last sold for £338,000 in December 2011, which was around 40% below the average December 2011 detached price in the Epping Forest local authority area. The most recent EPC inspection was July 2011, where the current energy rating was D, and the potential energy rating was C.

31 MERLIN CLOSE Sold Prices

Land registry data shows three sales for 31 MERLIN CLOSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Epping Forest local authority area for the corresponding sale date. All of the three 31 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
2011 6 DEC	£338,000	£564,659	40% below HPI
2005 19 MAY	£285,000	£447,563	36% below HPI
1999 26 NOV	£156,000	£254,892	39% below HPI

31 MERLIN CLOSE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Epping Forest local authority area over time, sourced from the HPI. The three 31 MERLIN CLOSE sales between November 1999 and December 2011 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 2005 sale was for 36% below the HPI. So the extrapolation line tracks at 36% below the HPI over time, until the December 2011 sale, where it falls to 40% below the HPI. The line then continues to track at 40% below the HPI.

How Large is 31 MERLIN CLOSE?

31 MERLIN CLOSE is 101m² according to the EPC inspection conducted in July 2011. This puts it in the smallest 30% of detached houses in Waltham Abbey, based on EPC data. The below chart shows the distribution of detached houses by size in Waltham Abbey, and where 31 MERLIN CLOSE lies on this distribution: 29% of detached houses are smaller than 31 MERLIN CLOSE, and 71% of houses are larger. Note that EPC data is not available for all properties in Waltham Abbey.

31 MERLIN CLOSE: Plot and Title Map

31 MERLIN CLOSE sits on a plot of roughly 0.072 of an acre, or 290m². The below map shows the location of 31 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 31 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 31 MERLIN CLOSE?

31 MERLIN CLOSE is located in WALTHAM ABBEY, in the EN9 postcode district. The below map shows the position of No. 31 on MERLIN CLOSE.