5, MERLIN WAY, SWINDON, SN3 5AN - £495,000

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 WAY is a very large extended detached house of 179m², built sometime between 1967 and 1975, which could now be worth an estimated £507,316. It was last sold for £495,000 in June 2022, which was around 12% above the average June 2022 detached price in the Swindon local authority area. The most recent EPC inspection was July 2018, where the current energy rating was C, and the potential energy rating was C.

5 MERLIN WAY Sold Prices

Land registry data shows three sales for 5 MERLIN WAY since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Swindon local authority area for the corresponding sale date. Two of the three 5 MERLIN WAY sales were for above the average price, whilst one was 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 24 JUN	£495,000	£442,687	12% above HPI
2019 9 MAY	£430,000	£380,572	13% above HPI
2016 15 JUL	£300,000	£350,565	14% below HPI

5 MERLIN WAY Price Paid vs. HPI Average

The below graph shows the average detached house price in the Swindon local authority area over time, sourced from the HPI. The three 5 MERLIN WAY sales between July 2016 and June 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 May 2019 sale was for 13% above the HPI. So the extrapolation line tracks at 13% above the HPI over time, until the June 2022 sale, where it falls to 12% above the HPI. The line then continues to track at 12% above the HPI.

What might 5 MERLIN WAY be worth now?

5 MERLIN WAY might now be worth an estimated £507,316.

This is based on house price inflation of 2.5%, between June 2022 and February 2025, for detached houses, in the Swindon local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 2.5% inflationary increase is applied to the most recent sale price for 5 MERLIN WAY of £495,000 on 24th June 2022. For the value to have increased from £495,000 to £507,316 over the three years and four months to February 2025, the following assumptions must hold true:

• The value of 5 MERLIN WAY has moved in line with the HPI for detached houses in the Swindon local authority area.
• The June 2022 sale price of £495,000 represented a fair market value for the property.
• The size, condition, and specification of 5 MERLIN WAY has not materially changed since June 2022.

How Large is 5 MERLIN WAY?

5 MERLIN WAY is 179m², which includes two extensions, according to the EPC inspection conducted in July 2018. This puts it in the largest 10% of detached houses houses in Swindon, based on EPC data. The below chart shows the distribution of detached houses houses by size in Swindon, and where 5 MERLIN WAY lies on this distribution: 93% of detached houses houses are smaller than 5 MERLIN WAY, and 7% of houses are larger. Note that EPC data is not available for all properties in Swindon.

5 MERLIN WAY: Plot and Title Map

5 MERLIN WAY sits on a plot of roughly 0.151 of an acre, or 613m². 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 SWINDON, in the SN3 postcode district. The below map shows the position of No. 5 on MERLIN WAY.