38, MERLIN AVENUE, PENALLTA, HENGOED, CF82 6AY - £410,000

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

38 MERLIN AVENUE is a midsized detached house of 116m², built sometime between 2007 and 2011. It was last sold for £410,000 in July 2023, which was around 39% above the average July 2023 detached price in the Caerphilly local authority area. The most recent EPC inspection was April 2023, where the current energy rating was C, and the potential energy rating was B.

38 MERLIN AVENUE Sold Prices

Land registry data shows two sales for 38 MERLIN AVENUE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Caerphilly local authority area for the corresponding sale date. Both of the two 38 MERLIN AVENUE 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
2023 18 JUL	£410,000	£295,626	39% above HPI
2013 27 JUN	£227,000	£164,350	38% above HPI

38 MERLIN AVENUE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Caerphilly local authority area over time, sourced from the HPI. The two 38 MERLIN AVENUE sales from June 2013 and July 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 June 2013 sale was for 38% above the HPI. So the extrapolation line tracks at 38% above the HPI over time, until the July 2023 sale, where it rises to 39% above the HPI. The line then continues to track at 39% above the HPI.

How Large is 38 MERLIN AVENUE?

38 MERLIN AVENUE is 116m² according to the EPC inspection conducted in April 2023. This puts it in the largest 50% of detached houses in Ystrad Mynach, based on EPC data. The below chart shows the distribution of detached houses by size in Ystrad Mynach, and where 38 MERLIN AVENUE lies on this distribution: 58% of detached houses are smaller than 38 MERLIN AVENUE, and 42% of houses are larger. Note that EPC data is not available for all properties in Ystrad Mynach.

38 MERLIN AVENUE: Plot and Title Map

38 MERLIN AVENUE sits on a plot of roughly 0.086 of an acre, or 349m². The below map shows the location of 38 MERLIN AVENUE, 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 38 MERLIN AVENUE). 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 38 MERLIN AVENUE?

38 MERLIN AVENUE is located in PENALLTA, in the CF82 postcode district. The below map shows the position of No. 38 on MERLIN AVENUE.