31, MERLIN WAY, KIDSGROVE, STOKE-ON-TRENT, ST7 4YL - £160,000

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

31 MERLIN WAY is a very large detached house of 124m², built sometime between 1991 and 1995. It was last sold for £160,000 in February 2012, which was around 11% below the average February 2012 detached price in the Newcastle-under-Lyme local authority area. The most recent EPC inspection was October 2010, where the current energy rating was C, and the potential energy rating was C.

31 MERLIN WAY Sold Prices

Land registry data shows two sales for 31 MERLIN WAY since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Newcastle-under-Lyme local authority area for the corresponding sale date. One of the two 31 MERLIN WAY sales was for below the average price, whilst the other was for above 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
2012 10 FEB	£160,000	£180,223	11% below HPI
1997 28 NOV	£83,950	£70,204	20% above HPI

31 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 two 31 MERLIN WAY sales from November 1997 and February 2012 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 November 1997 sale was for 20% above the HPI. So the extrapolation line tracks at 20% above the HPI over time, until the February 2012 sale, where it falls to 11% below the HPI. The line then continues to track at 11% below the HPI.

How Large is 31 MERLIN WAY?

31 MERLIN WAY is 124m² according to the EPC inspection conducted in October 2010. This puts it in the largest 20% of detached houses in Kidsgrove, based on EPC data. The below chart shows the distribution of detached houses by size in Kidsgrove, and where 31 MERLIN WAY lies on this distribution: 82% of detached houses are smaller than 31 MERLIN WAY, and 18% of houses are larger. Note that EPC data is not available for all properties in Kidsgrove.

31 MERLIN WAY: Plot and Title Map

31 MERLIN WAY sits on a plot of roughly 0.109 of an acre, or 440m². The below map shows the location of 31 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 31 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 31 MERLIN WAY?

31 MERLIN WAY is located in KIDSGROVE, in the ST7 postcode district. The below map shows the position of No. 31 on MERLIN WAY.