59, MERLIN WAY, BICESTER, OX26 6YG - £370,000

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

59 MERLIN WAY is a small detached house of 99m², built sometime between 1983 and 1990. It was last sold for £370,000 in September 2016, which was around 22% below the average September 2016 detached price in the Cherwell local authority area. The most recent EPC inspection was January 2016, where the current energy rating was D, and the potential energy rating was B.

59 MERLIN WAY Sold Prices

Land registry data shows five sales for 59 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 Cherwell local authority area for the corresponding sale date. All of the five 59 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
2016 9 SEP	£370,000	£474,702	22% below HPI
2016 10 JUN	£365,000	£470,621	22% below HPI
2005 28 JUL	£223,000	£302,443	26% below HPI
2001 28 SEP	£163,000	£210,270	22% below HPI
1996 26 APR	£80,000	£102,434	22% below HPI

59 MERLIN WAY Price Paid vs. HPI Average

The below graph shows the average detached house price in the Cherwell local authority area over time, sourced from the HPI. The five 59 MERLIN WAY sales between April 1996 and September 2016 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 June 2016 sale was for 22% below the HPI. So the extrapolation line tracks at 22% below the HPI over time, until the September 2016 sale, which was also at 22% below the HPI.

How Large is 59 MERLIN WAY?

59 MERLIN WAY is 99m² according to the EPC inspection conducted in January 2016. This puts it in the smallest 30% of detached houses in Bicester, based on EPC data. The below chart shows the distribution of detached houses by size in Bicester, and where 59 MERLIN WAY lies on this distribution: 30% of detached houses are smaller than 59 MERLIN WAY, and 70% of houses are larger. Note that EPC data is not available for all properties in Bicester.

59 MERLIN WAY: Plot and Title Map

59 MERLIN WAY sits on a plot of roughly 0.068 of an acre, or 277m². The below map shows the location of 59 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 59 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 59 MERLIN WAY?

59 MERLIN WAY is located in BICESTER, in the OX26 postcode district. The below map shows the position of No. 59 on MERLIN WAY.