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
37 MERLIN DRIVE is a midsized extended detached house of 162m², built sometime between 2003 and 2006. It was last sold for £270,000 in November 2019, which was around 23% above the average November 2019 detached price in the Cumberland local authority area. The most recent EPC inspection was September 2024, where the current energy rating was C, and the potential energy rating was B.
Land registry data shows four sales for 37 MERLIN DRIVE since 1st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Cumberland local authority area for the corresponding sale date. All of the four 37 MERLIN DRIVE sales were 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 |
---|---|---|---|
2019 19 NOV | £270,000 | £219,108 | 23% above HPI |
2015 7 AUG | £250,000 | £200,162 | 25% above HPI |
2011 14 OCT | £250,000 | £197,779 | 26% above HPI |
2006 20 OCT | £236,500 | £202,016 | 17% above HPI |
The below graph shows the average detached house price in the Cumberland local authority area over time, sourced from the HPI. The four 37 MERLIN DRIVE sales between October 2006 and November 2019 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 August 2015 sale was for 25% above the HPI. So the extrapolation line tracks at 25% above the HPI over time, until the November 2019 sale, where it falls to 23% above the HPI. The line then continues to track at 23% above the HPI.
37 MERLIN DRIVE is 162m², which includes two extensions, according to the EPC inspection conducted in September 2024. This puts it in the largest 50% of detached houses in Moresby Parks, based on EPC data. The below chart shows the distribution of detached houses by size in Moresby Parks, and where 37 MERLIN DRIVE lies on this distribution: 52% of detached houses are smaller than 37 MERLIN DRIVE, and 48% of houses are larger. Note that EPC data is not available for all properties in Moresby Parks.
37 MERLIN DRIVE sits on a plot of roughly 169.8 acres, or 687,007m². The below map shows the location of 37 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 37 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.
37 MERLIN DRIVE is located in MORESBY PARKS, in the CA28 postcode district. The below map shows the position of No. 37 on MERLIN DRIVE.