33, MERLIN WAY, EAST GRINSTEAD, RH19 3XG - £405,500

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

33 MERLIN WAY is a midsized extended detached house of 128m², built sometime between 1976 and 1982. It was last sold for £405,500 in October 2014, which was around 20% below the average October 2014 detached price in the Mid Sussex local authority area. The most recent EPC inspection was March 2014, where the current energy rating was C, and the potential energy rating was B.

33 MERLIN WAY Sold Prices

Land registry data shows four sales for 33 MERLIN WAY since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Mid Sussex local authority area for the corresponding sale date. All of the four 33 MERLIN WAY 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
2014 27 OCT	£405,500	£508,796	20% below HPI
2007 18 MAY	£375,000	£404,198	7% below HPI
2004 12 AUG	£315,000	£365,493	14% below HPI
2002 30 APR	£250,000	£283,404	12% below HPI

33 MERLIN WAY Price Paid vs. HPI Average

The below graph shows the average detached house price in the Mid Sussex local authority area over time, sourced from the HPI. The four 33 MERLIN WAY sales between April 2002 and October 2014 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 2007 sale was for 7% below the HPI. So the extrapolation line tracks at 7% below the HPI over time, until the October 2014 sale, where it falls to 20% below the HPI. The line then continues to track at 20% below the HPI.

How Large is 33 MERLIN WAY?

33 MERLIN WAY is 128m², which includes two extensions, according to the EPC inspection conducted in March 2014. This puts it in the largest 50% of detached houses in East Grinstead, based on EPC data. The below chart shows the distribution of detached houses by size in East Grinstead, and where 33 MERLIN WAY lies on this distribution: 57% of detached houses are smaller than 33 MERLIN WAY, and 42% of houses are larger. Note that EPC data is not available for all properties in East Grinstead.

33 MERLIN WAY: Plot and Title Map

33 MERLIN WAY sits on a plot of roughly 0.097 of an acre, or 391m². The below map shows the location of 33 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 33 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 33 MERLIN WAY?

33 MERLIN WAY is located in EAST GRINSTEAD, in the RH19 postcode district. The below map shows the position of No. 33 on MERLIN WAY.