4, MERLIN CLOSE, BELPER, DE56 0QL - £215,000

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

4 MERLIN CLOSE is a small extended detached house of 90m², built sometime between 1976 and 1982. It was last sold for £215,000 in November 2012, which was around 15% above the average November 2012 detached price in the Amber Valley local authority area. The most recent EPC inspection was December 2014, where the current energy rating was D, and the potential energy rating was B.

4 MERLIN CLOSE Sold Prices

Land registry data shows two sales for 4 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 Amber Valley local authority area for the corresponding sale date. Both of the two 4 MERLIN CLOSE 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
2012 14 NOV	£215,000	£187,389	15% above HPI
1997 20 JUN	£88,750	£67,067	32% above HPI

4 MERLIN CLOSE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Amber Valley local authority area over time, sourced from the HPI. The two 4 MERLIN CLOSE sales from June 1997 and November 2012 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 1997 sale was for 32% above the HPI. So the extrapolation line tracks at 32% above the HPI over time, until the November 2012 sale, where it falls to 15% above the HPI. The line then continues to track at 15% above the HPI.

How Large is 4 MERLIN CLOSE?

4 MERLIN CLOSE is 90m², which includes one extension, according to the EPC inspection conducted in December 2014. This puts it in the smallest 40% of detached houses in Belper, based on EPC data. The below chart shows the distribution of detached houses by size in Belper, and where 4 MERLIN CLOSE lies on this distribution: 39% of detached houses are smaller than 4 MERLIN CLOSE, and 61% of houses are larger. Note that EPC data is not available for all properties in Belper.

4 MERLIN CLOSE: Plot and Title Map

4 MERLIN CLOSE sits on a plot of roughly 0.093 of an acre, or 377m². The below map shows the location of 4 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 4 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 4 MERLIN CLOSE?

4 MERLIN CLOSE is located in BELPER, in the DE56 postcode district. The below map shows the position of No. 4 on MERLIN CLOSE.