45, MERLIN WAY, WOODVILLE, SWADLINCOTE, DE11 7QU - £293,000

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

45 MERLIN WAY is a very large extended detached house of 154m², built sometime between 1976 and 1982. It was last sold for £293,000 in August 2022, which was around 10% below the average August 2022 detached price in the South Derbyshire local authority area. The most recent EPC inspection was December 2018, where the current energy rating was D, and the potential energy rating was C.

45 MERLIN WAY Sold Prices

Land registry data shows two sales for 45 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 45 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
2022 17 AUG	£293,000	£325,439	10% below HPI
2019 29 MAR	£221,000	£267,358	17% below HPI

45 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 45 MERLIN WAY sales from March 2019 and August 2022 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 March 2019 sale was for 17% below the HPI. So the extrapolation line tracks at 17% below the HPI over time, until the August 2022 sale, where it rises to 10% below the HPI. The line then continues to track at 10% below the HPI.

How Large is 45 MERLIN WAY?

45 MERLIN WAY is 154m², which includes three extensions, according to the EPC inspection conducted in December 2018. This puts it in the largest 10% of detached houses in Woodville, based on EPC data. The below chart shows the distribution of detached houses by size in Woodville, and where 45 MERLIN WAY lies on this distribution: 93% of detached houses are smaller than 45 MERLIN WAY, and 6% of houses are larger. Note that EPC data is not available for all properties in Woodville.

45 MERLIN WAY: Plot and Title Map

45 MERLIN WAY sits on a plot of roughly 0.085 of an acre, or 344m². The below map shows the location of 45 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 45 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 45 MERLIN WAY?

45 MERLIN WAY is located in WOODVILLE, in the DE11 postcode district. The below map shows the position of No. 45 on MERLIN WAY.