4, MERLIN CLOSE, BROCKWORTH, GLOUCESTER, GL3 4GA - £318,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

4 MERLIN CLOSE is a midsized detached house of 112m². It was last sold for £318,000 in August 2017, which was around 28% below the average August 2017 detached price in the Stroud local authority area. The most recent EPC inspection was April 2011, where the current energy rating was C, and the potential energy rating was C.

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 Stroud local authority area for the corresponding sale date. Both of the two 4 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
2017 21 AUG	£318,000	£442,843	28% below HPI
2011 20 MAY	£239,995	£316,561	24% below HPI

4 MERLIN CLOSE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Stroud local authority area over time, sourced from the HPI. The two 4 MERLIN CLOSE sales from May 2011 and August 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 2011 sale was for 24% below the HPI. So the extrapolation line tracks at 24% below the HPI over time, until the August 2017 sale, where it falls to 28% below the HPI. The line then continues to track at 28% below the HPI.

What might 4 MERLIN CLOSE be worth now?

4 MERLIN CLOSE might now be worth an estimated £378,856.

This is based on house price inflation of 19.1%, between August 2017 and December 2024, for detached houses, in the Stroud local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 19.1% inflationary increase is applied to the most recent sale price for 4 MERLIN CLOSE of £318,000 on 21st August 2017. For the value to have increased from £318,000 to £378,856 over the six years and eight months to December 2024, the following assumptions must hold true:

• The value of 4 MERLIN CLOSE has moved in line with the HPI for detached houses in the Stroud local authority area.
• The August 2017 sale price of £318,000 represented a fair market value for the property.
• The size, condition, and specification of 4 MERLIN CLOSE has not materially changed since August 2017.

How Large is 4 MERLIN CLOSE?

4 MERLIN CLOSE is 112m² according to the EPC inspection conducted in April 2011. This puts it in the smallest 50% of detached houses houses in Brockworth, based on EPC data. The below chart shows the distribution of detached houses houses by size in Brockworth, and where 4 MERLIN CLOSE lies on this distribution: 44% of detached houses houses are smaller than 4 MERLIN CLOSE, and 56% of houses are larger. Note that EPC data is not available for all properties in Brockworth.

4 MERLIN CLOSE: Plot and Title Map

4 MERLIN CLOSE sits on a plot of roughly 0.061 of an acre, or 246m². 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 BROCKWORTH, in the GL3 postcode district. The below map shows the position of No. 4 on MERLIN CLOSE.