37, MERLIN WAY, CREWE, CW1 3YP - £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

37 MERLIN WAY is a very small detached house of 70m², built sometime between 1983 and 1990. It was last sold for £160,000 in April 2020, which was around 57% below the average April 2020 detached price in the Cheshire East local authority area. The most recent EPC inspection was July 2014, where the current energy rating was D, and the potential energy rating was B.

37 MERLIN WAY Sold Prices

Land registry data shows three sales for 37 MERLIN WAY since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Cheshire East local authority area for the corresponding sale date. All of the three 37 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
2020 3 APR	£160,000	£370,488	57% below HPI
2014 12 DEC	£140,000	£311,466	55% below HPI
2007 3 AUG	£127,500	£301,037	58% below HPI

37 MERLIN WAY Price Paid vs. HPI Average

The below graph shows the average detached house price in the Cheshire East local authority area over time, sourced from the HPI. The three 37 MERLIN WAY sales between August 2007 and April 2020 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 2014 sale was for 55% below the HPI. So the extrapolation line tracks at 55% below the HPI over time, until the April 2020 sale, where it falls to 57% below the HPI. The line then continues to track at 57% below the HPI.

How Large is 37 MERLIN WAY?

37 MERLIN WAY is 70m² according to the EPC inspection conducted in July 2014. This puts it in the smallest 20% of detached houses in Crewe, based on EPC data. The below chart shows the distribution of detached houses by size in Crewe, and where 37 MERLIN WAY lies on this distribution: 11% of detached houses are smaller than 37 MERLIN WAY, and 88% of houses are larger. Note that EPC data is not available for all properties in Crewe.

37 MERLIN WAY: Plot and Title Map

37 MERLIN WAY sits on a plot of roughly 0.060 of an acre, or 241m². The below map shows the location of 37 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 37 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 37 MERLIN WAY?

37 MERLIN WAY is located in CREWE, in the CW1 postcode district. The below map shows the position of No. 37 on MERLIN WAY.