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
36 MERLIN DRIVE is a small extended detached house of 102m², built sometime between 1996 and 2002. It was last sold for £420,000 in November 2023, which was around 25% below the average November 2023 detached price in the Central Bedfordshire local authority area. The most recent EPC inspection was June 2022, where the current energy rating was D, and the potential energy rating was B.
Land registry data shows three sales for 36 MERLIN DRIVE since 1st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Central Bedfordshire local authority area for the corresponding sale date. All of the three 36 MERLIN DRIVE 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 |
---|---|---|---|
2023 17 NOV | £420,000 | £562,426 | 25% below HPI |
2002 11 DEC | £208,000 | £257,292 | 19% below HPI |
1999 5 JUL | £118,000 | £141,935 | 17% below HPI |
The below graph shows the average detached house price in the Central Bedfordshire local authority area over time, sourced from the HPI. The three 36 MERLIN DRIVE sales between July 1999 and November 2023 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 December 2002 sale was for 19% below the HPI. So the extrapolation line tracks at 19% below the HPI over time, until the November 2023 sale, where it falls to 25% below the HPI. The line then continues to track at 25% below the HPI.
36 MERLIN DRIVE is 102m², which includes one extension, according to the EPC inspection conducted in June 2022. This puts it in the smallest 30% of detached houses in Sandy, based on EPC data. The below chart shows the distribution of detached houses by size in Sandy, and where 36 MERLIN DRIVE lies on this distribution: 30% of detached houses are smaller than 36 MERLIN DRIVE, and 70% of houses are larger. Note that EPC data is not available for all properties in Sandy.
36 MERLIN DRIVE sits on a plot of roughly 0.079 of an acre, or 319m². The below map shows the location of 36 MERLIN DRIVE, 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 36 MERLIN DRIVE). 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.
36 MERLIN DRIVE is located in SANDY, in the SG19 postcode district. The below map shows the position of No. 36 on MERLIN DRIVE.