38, MERLIN WAY, WOODVILLE, SWADLINCOTE, DE11 7QU - £175,000

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 WAY is a small extended detached house of 101m², built sometime between 1967 and 1975. It was last sold for £175,000 in April 2017, which was around 31% below the average April 2017 detached price in the South Derbyshire local authority area. The most recent EPC inspection was February 2017, where the current energy rating was D, and the potential energy rating was B.

38 MERLIN WAY Sold Prices

Land registry data shows two sales for 38 MERLIN WAY since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the South Derbyshire local authority area for the corresponding sale date. Both of the two 38 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
2017 7 APR	£175,000	£253,755	31% below HPI
2002 10 MAY	£91,000	£121,956	25% below HPI

38 MERLIN WAY Price Paid vs. HPI Average

The below graph shows the average detached house price in the South Derbyshire local authority area over time, sourced from the HPI. The two 38 MERLIN WAY sales from May 2002 and April 2017 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 May 2002 sale was for 25% below the HPI. So the extrapolation line tracks at 25% below the HPI over time, until the April 2017 sale, where it falls to 31% below the HPI. The line then continues to track at 31% below the HPI.

How Large is 38 MERLIN WAY?

38 MERLIN WAY is 101m², which includes two extensions, according to the EPC inspection conducted in February 2017. This puts it in the smallest 40% of detached houses in Woodville, based on EPC data. The below chart shows the distribution of detached houses by size in Woodville, and where 38 MERLIN WAY lies on this distribution: 37% of detached houses are smaller than 38 MERLIN WAY, and 63% of houses are larger. Note that EPC data is not available for all properties in Woodville.

38 MERLIN WAY: Plot and Title Map

38 MERLIN WAY sits on a plot of roughly 0.086 of an acre, or 348m². The below map shows the location of 38 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 38 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 38 MERLIN WAY?

38 MERLIN WAY is located in WOODVILLE, in the DE11 postcode district. The below map shows the position of No. 38 on MERLIN WAY.