53, MERLIN WAY, MICKLEOVER, DERBY, DE3 0SL - £260,000

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

53 MERLIN WAY is a small extended detached house of 95m², built sometime between 1996 and 2002. It was last sold for £260,000 in December 2019, which was around 4% below the average December 2019 detached price in the South Derbyshire local authority area. The most recent EPC inspection was April 2016, where the current energy rating was C, and the potential energy rating was B.

53 MERLIN WAY Sold Prices

Land registry data shows four sales for 53 MERLIN WAY since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the South Derbyshire local authority area for the corresponding sale date. Most of the four 53 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
2019 19 DEC	£260,000	£271,322	4% below HPI
2013 22 MAR	£205,750	£199,510	3% above HPI
2005 18 NOV	£190,000	£213,482	11% below HPI
2000 29 SEP	£94,950	£98,101	3% below HPI

53 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 four 53 MERLIN WAY sales between September 2000 and December 2019 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 2013 sale was for 3% above the HPI. So the extrapolation line tracks at 3% above the HPI over time, until the December 2019 sale, where it falls to 4% below the HPI. The line then continues to track at 4% below the HPI.

How Large is 53 MERLIN WAY?

53 MERLIN WAY is 95m², which includes one extension, according to the EPC inspection conducted in April 2016. This puts it in the smallest 40% of detached houses in Derby, based on EPC data. The below chart shows the distribution of detached houses by size in Derby, and where 53 MERLIN WAY lies on this distribution: 37% of detached houses are smaller than 53 MERLIN WAY, and 62% of houses are larger. Note that EPC data is not available for all properties in Derby.

53 MERLIN WAY: Plot and Title Map

53 MERLIN WAY sits on a plot of roughly 0.052 of an acre, or 210m². The below map shows the location of 53 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 53 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 53 MERLIN WAY?

53 MERLIN WAY is located in MICKLEOVER, in the DE3 postcode district. The below map shows the position of No. 53 on MERLIN WAY.