5, MERLIN WAY, CREWE, CW1 3YP - £145,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

5 MERLIN WAY is a very small detached house of 60m², built sometime between 1983 and 1990. It was last sold for £145,000 in December 2017, which was around 59% below the average December 2017 detached price in the Cheshire East local authority area. The most recent EPC inspection was April 2012, where the current energy rating was D, and the potential energy rating was B.

5 MERLIN WAY Sold Prices

Land registry data shows five sales for 5 MERLIN WAY since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the Cheshire East local authority area for the corresponding sale date. All of the five 5 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
2017 19 DEC	£145,000	£350,439	59% below HPI
2014 26 SEP	£135,000	£303,843	56% below HPI
2007 12 JAN	£136,000	£283,027	52% below HPI
2004 5 NOV	£119,000	£255,308	53% below HPI
2000 30 JUN	£52,000	£127,515	59% below HPI

5 MERLIN WAY Price Paid vs. HPI Average

The below graph shows the average detached house price in the Cheshire East local authority area over time, sourced from the HPI. The five 5 MERLIN WAY sales between June 2000 and December 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 September 2014 sale was for 56% below the HPI. So the extrapolation line tracks at 56% below the HPI over time, until the December 2017 sale, where it falls to 59% below the HPI. The line then continues to track at 59% below the HPI.

How Large is 5 MERLIN WAY?

5 MERLIN WAY is 60m² according to the EPC inspection conducted in April 2012. This puts it in the smallest 10% of detached houses in Crewe, based on EPC data. The below chart shows the distribution of detached houses by size in Crewe, and where 5 MERLIN WAY lies on this distribution: 3% of detached houses are smaller than 5 MERLIN WAY, and 96% of houses are larger. Note that EPC data is not available for all properties in Crewe.

5 MERLIN WAY: Plot and Title Map

5 MERLIN WAY sits on a plot of roughly 0.046 of an acre, or 186m². The below map shows the location of 5 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 5 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 5 MERLIN WAY?

5 MERLIN WAY is located in CREWE, in the CW1 postcode district. The below map shows the position of No. 5 on MERLIN WAY.