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
6 MERLIN WAY is a large detached house of 118m², built sometime between 1996 and 2002. It was last sold for £192,000 in September 2014, which was around 1% below the average September 2014 detached price in the Newcastle-under-Lyme local authority area. The most recent EPC inspection was July 2014, where the current energy rating was D, and the potential energy rating was C.
Land registry data shows two sales for 6 MERLIN WAY since 1st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Newcastle-under-Lyme local authority area for the corresponding sale date. One of the two 6 MERLIN WAY sales was for below the average price, whilst the other was for above 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 |
---|---|---|---|
2014 26 SEP | £192,000 | £193,188 | 1% below HPI |
1998 5 JUN | £81,500 | £73,216 | 11% above HPI |
The below graph shows the average detached house price in the Newcastle-under-Lyme local authority area over time, sourced from the HPI. The two 6 MERLIN WAY sales from June 1998 and September 2014 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 1998 sale was for 11% above the HPI. So the extrapolation line tracks at 11% above the HPI over time, until the September 2014 sale, where it falls to 1% below the HPI. The line then continues to track at 1% below the HPI.
6 MERLIN WAY is 118m² according to the EPC inspection conducted in July 2014. This puts it in the largest 30% of detached houses in Kidsgrove, based on EPC data. The below chart shows the distribution of detached houses by size in Kidsgrove, and where 6 MERLIN WAY lies on this distribution: 76% of detached houses are smaller than 6 MERLIN WAY, and 23% of houses are larger. Note that EPC data is not available for all properties in Kidsgrove.
6 MERLIN WAY sits on a plot of roughly 0.065 of an acre, or 262m². The below map shows the location of 6 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 6 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.
6 MERLIN WAY is located in KIDSGROVE, in the ST7 postcode district. The below map shows the position of No. 6 on MERLIN WAY.