38, MERLIN CLOSE, SITTINGBOURNE, ME10 4TY - £235,000

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

38 MERLIN CLOSE is a small extended detached house of 91m², built sometime between 1967 and 1975. It was last sold for £235,000 in January 2015, which was around 21% below the average January 2015 detached price in the Swale local authority area. The most recent EPC inspection was September 2014, where the current energy rating was E, and the potential energy rating was C.

38 MERLIN CLOSE Sold Prices

Land registry data shows two sales for 38 MERLIN CLOSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Swale local authority area for the corresponding sale date. Both of the two 38 MERLIN CLOSE 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
2015 9 JAN	£235,000	£296,443	21% below HPI
2002 5 DEC	£175,000	£197,491	11% below HPI

38 MERLIN CLOSE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Swale local authority area over time, sourced from the HPI. The two 38 MERLIN CLOSE sales from December 2002 and January 2015 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 11% below the HPI. So the extrapolation line tracks at 11% below the HPI over time, until the January 2015 sale, where it falls to 21% below the HPI. The line then continues to track at 21% below the HPI.

How Large is 38 MERLIN CLOSE?

38 MERLIN CLOSE is 91m², which includes two extensions, according to the EPC inspection conducted in September 2014. This puts it in the smallest 30% of detached houses in Sittingbourne, based on EPC data. The below chart shows the distribution of detached houses by size in Sittingbourne, and where 38 MERLIN CLOSE lies on this distribution: 23% of detached houses are smaller than 38 MERLIN CLOSE, and 73% of houses are larger. Note that EPC data is not available for all properties in Sittingbourne.

38 MERLIN CLOSE: Plot and Title Map

38 MERLIN CLOSE sits on a plot of roughly 0.058 of an acre, or 236m². The below map shows the location of 38 MERLIN CLOSE, 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 CLOSE). 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 CLOSE?

38 MERLIN CLOSE is located in SITTINGBOURNE, in the ME10 postcode district. The below map shows the position of No. 38 on MERLIN CLOSE.