40, MERLIN WAY, HARTLEPOOL, TS26 0QT - £143,500

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

40 MERLIN WAY is a very small semi-detached house of 87m², which could now be worth an estimated £153,683. It was last sold for £143,500 in August 2023, which was around 7% above the average August 2023 semi-detached price in the Hartlepool local authority area. The most recent EPC inspection was October 2014, where the current energy rating was C, and the potential energy rating was A.

40 MERLIN WAY Sold Prices

Land registry data shows two sales for 40 MERLIN WAY since 1^st January 1995. The below table shows the price paid for the two sales, along with the average semi-detached price in the Hartlepool local authority area for the corresponding sale date. Both of the two 40 MERLIN WAY 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 AUG	£143,500	£134,476	7% above HPI
2014 19 DEC	£124,950	£99,906	25% above HPI

40 MERLIN WAY Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Hartlepool local authority area over time, sourced from the HPI. The two 40 MERLIN WAY sales from December 2014 and August 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 December 2014 sale was for 25% above the HPI. So the extrapolation line tracks at 25% above the HPI over time, until the August 2023 sale, where it falls to 7% above the HPI. The line then continues to track at 7% above the HPI.

What might 40 MERLIN WAY be worth now?

40 MERLIN WAY might now be worth an estimated £153,683.

This is based on house price inflation of 7.1%, between August 2023 and December 2024, for semi-detached houses, in the Hartlepool local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 7.1% inflationary increase is applied to the most recent sale price for 40 MERLIN WAY of £143,500 on 18th August 2023. For the value to have increased from £143,500 to £153,683 over the eight months to December 2024, the following assumptions must hold true:

• The value of 40 MERLIN WAY has moved in line with the HPI for semi-detached houses in the Hartlepool local authority area.
• The August 2023 sale price of £143,500 represented a fair market value for the property.
• The size, condition, and specification of 40 MERLIN WAY has not materially changed since August 2023.

How Large is 40 MERLIN WAY?

40 MERLIN WAY is 87m² according to the EPC inspection conducted in October 2014. This puts it in the smallest 20% of semi-detached houses houses in Hartlepool, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Hartlepool, and where 40 MERLIN WAY lies on this distribution: 15% of semi-detached houses houses are smaller than 40 MERLIN WAY, and 83% of houses are larger. Note that EPC data is not available for all properties in Hartlepool.

40 MERLIN WAY: Plot and Title Map

40 MERLIN WAY sits on a plot of roughly 0.040 of an acre, or 163m². The below map shows the location of 40 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 40 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 40 MERLIN WAY?

40 MERLIN WAY is located in HARTLEPOOL, in the TS26 postcode district. The below map shows the position of No. 40 on MERLIN WAY.