6, MERLE WAY, FERNHURST, HASLEMERE, GU27 3NB - £445,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

6 MERLE WAY is a small extended detached house of 105m², built sometime between 1930 and 1949. It was last sold for £445,000 in April 2018, which was around 25% below the average April 2018 detached price in the Chichester local authority area. The most recent EPC inspection was January 2013, where the current energy rating was E, and the potential energy rating was D.

6 MERLE WAY Sold Prices

Land registry data shows two sales for 6 MERLE WAY since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Chichester local authority area for the corresponding sale date. Both of the two 6 MERLE 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
2018 12 APR	£445,000	£596,504	25% below HPI
1999 25 AUG	£165,000	£185,635	11% below HPI

6 MERLE WAY Price Paid vs. HPI Average

The below graph shows the average detached house price in the Chichester local authority area over time, sourced from the HPI. The two 6 MERLE WAY sales from August 1999 and April 2018 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 August 1999 sale was for 11% below the HPI. So the extrapolation line tracks at 11% below the HPI over time, until the April 2018 sale, where it falls to 25% below the HPI. The line then continues to track at 25% below the HPI.

How Large is 6 MERLE WAY?

6 MERLE WAY is 105m², which includes one extension, according to the EPC inspection conducted in January 2013. This puts it in the smallest 30% of detached houses in Fernhurst, based on EPC data. The below chart shows the distribution of detached houses by size in Fernhurst, and where 6 MERLE WAY lies on this distribution: 30% of detached houses are smaller than 6 MERLE WAY, and 69% of houses are larger. Note that EPC data is not available for all properties in Fernhurst.

6 MERLE WAY: Plot and Title Map

6 MERLE WAY sits on a plot of roughly 0.149 of an acre, or 601m². The below map shows the location of 6 MERLE 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 6 MERLE 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 6 MERLE WAY?

6 MERLE WAY is located in FERNHURST, in the GU27 postcode district. The below map shows the position of No. 6 on MERLE WAY.