5, MERLIN DRIVE, HUCKNALL, NOTTINGHAM, NG15 6FX - £120,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

5 MERLIN DRIVE is a very small extended semi-detached house of 72m², built sometime between 1930 and 1949, which could now be worth an estimated £230,406. It was last sold for £120,000 in April 2012, which was around 28% above the average April 2012 semi-detached price in the Ashfield local authority area. The most recent EPC inspection was September 2011, where the current energy rating was D, and the potential energy rating was D.

5 MERLIN DRIVE Sold Prices

Land registry data shows two sales for 5 MERLIN DRIVE 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 Ashfield local authority area for the corresponding sale date. Both of the two 5 MERLIN DRIVE 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 10 APR	£120,000	£93,549	28% above HPI
2006 31 OCT	£123,500	£105,757	17% above HPI

5 MERLIN DRIVE Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Ashfield local authority area over time, sourced from the HPI. The two 5 MERLIN DRIVE sales from October 2006 and April 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 October 2006 sale was for 17% above the HPI. So the extrapolation line tracks at 17% above the HPI over time, until the April 2012 sale, where it rises to 28% above the HPI. The line then continues to track at 28% above the HPI.

What might 5 MERLIN DRIVE be worth now?

5 MERLIN DRIVE might now be worth an estimated £230,406.

This is based on house price inflation of 92%, between April 2012 and February 2025, for semi-detached houses, in the Ashfield local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 92% inflationary increase is applied to the most recent sale price for 5 MERLIN DRIVE of £120,000 on 10th April 2012. For the value to have increased from £120,000 to £230,406 over the thirteen years and two months to February 2025, the following assumptions must hold true:

• The value of 5 MERLIN DRIVE has moved in line with the HPI for semi-detached houses in the Ashfield local authority area.
• The April 2012 sale price of £120,000 represented a fair market value for the property.
• The size, condition, and specification of 5 MERLIN DRIVE has not materially changed since April 2012.

How Large is 5 MERLIN DRIVE?

5 MERLIN DRIVE is 72m², which includes one extension, according to the EPC inspection conducted in September 2011. This puts it in the smallest 10% of semi-detached houses houses in Hucknall, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Hucknall, and where 5 MERLIN DRIVE lies on this distribution: 9% of semi-detached houses houses are smaller than 5 MERLIN DRIVE, and 91% of houses are larger. Note that EPC data is not available for all properties in Hucknall.

5 MERLIN DRIVE: Plot and Title Map

5 MERLIN DRIVE sits on a plot of roughly 0.045 of an acre, or 184m². The below map shows the location of 5 MERLIN DRIVE, 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 5 MERLIN DRIVE). 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 5 MERLIN DRIVE?

5 MERLIN DRIVE is located in HUCKNALL, in the NG15 postcode district. The below map shows the position of No. 5 on MERLIN DRIVE.