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
44 MERLIN PARK is a midsized extended detached house of 114m², built sometime between 1983 and 1990. It was last sold for £382,500 in October 2020, which was around 12% below the average October 2020 detached price in the North Somerset local authority area. The most recent EPC inspection was June 2015, where the current energy rating was C, and the potential energy rating was B.
Land registry data shows six sales for 44 MERLIN PARK since 1st January 1995. The below table shows the price paid for the six sales, along with the average detached price in the North Somerset local authority area for the corresponding sale date. All of the six 44 MERLIN PARK 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 |
---|---|---|---|
2020 8 OCT | £382,500 | £435,506 | 12% below HPI |
2015 8 SEP | £339,995 | £348,617 | 2% below HPI |
2001 23 JUL | £145,000 | £164,676 | 12% below HPI |
2000 5 JUL | £119,000 | £146,467 | 19% below HPI |
1999 11 NOV | £120,000 | £132,608 | 10% below HPI |
1997 18 APR | £85,000 | £99,424 | 15% below HPI |
The below graph shows the average detached house price in the North Somerset local authority area over time, sourced from the HPI. The six 44 MERLIN PARK sales between April 1997 and October 2020 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 September 2015 sale was for 2% below the HPI. So the extrapolation line tracks at 2% below the HPI over time, until the October 2020 sale, where it falls to 12% below the HPI. The line then continues to track at 12% below the HPI.
44 MERLIN PARK is 114m², which includes one extension, according to the EPC inspection conducted in June 2015. This puts it in the smallest 50% of detached houses in Portishead, based on EPC data. The below chart shows the distribution of detached houses by size in Portishead, and where 44 MERLIN PARK lies on this distribution: 46% of detached houses are smaller than 44 MERLIN PARK, and 54% of houses are larger. Note that EPC data is not available for all properties in Portishead.
44 MERLIN PARK sits on a plot of roughly 0.085 of an acre, or 342m². The below map shows the location of 44 MERLIN PARK, 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 44 MERLIN PARK). 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.
44 MERLIN PARK is located in PORTISHEAD, in the BS20 postcode district. The below map shows the position of No. 44 on MERLIN PARK.