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

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

31 MERLIN CLOSE is a small detached house of 101m², built sometime between 1991 and 1995, which could now be worth an estimated £595,639. It was last sold for £338,000 in December 2011, which was around 43% 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	£589,543	43% below HPI
2005 19 MAY	£285,000	£467,287	39% below HPI
1999 26 NOV	£156,000	£266,125	41% 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 39% below the HPI. So the extrapolation line tracks at 39% below the HPI over time, until the December 2011 sale, where it falls to 43% below the HPI. The line then continues to track at 43% below the HPI.

What might 31 MERLIN CLOSE be worth now?

31 MERLIN CLOSE might now be worth an estimated £595,639.

This is based on house price inflation of 76.2%, between December 2011 and February 2025, for detached houses, in the Epping Forest local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 76.2% inflationary increase is applied to the most recent sale price for 31 MERLIN CLOSE of £338,000 on 6th December 2011. For the value to have increased from £338,000 to £595,639 over the fourteen years and ten months to February 2025, the following assumptions must hold true:

• The value of 31 MERLIN CLOSE has moved in line with the HPI for detached houses in the Epping Forest local authority area.
• The December 2011 sale price of £338,000 represented a fair market value for the property.
• The size, condition, and specification of 31 MERLIN CLOSE has not materially changed since December 2011.

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 houses in Waltham Abbey, based on EPC data. The below chart shows the distribution of detached houses houses by size in Waltham Abbey, and where 31 MERLIN CLOSE lies on this distribution: 29% of detached houses 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.