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
7 MERLIN WAY is a very small detached house of 88m², built sometime from 2007 onwards. It was last sold for £350,000 in December 2020, which was around 45% below the average December 2020 detached price in the Bracknell Forest local authority area. The most recent EPC inspection was August 2018, where the current energy rating was C, and the potential energy rating was B.
Land registry data shows two sales for 7 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 Bracknell Forest local authority area for the corresponding sale date. Both of the two 7 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 |
---|---|---|---|
2020 14 DEC | £350,000 | £640,653 | 45% below HPI |
2008 16 JUN | £250,000 | £415,796 | 40% below HPI |
The below graph shows the average detached house price in the Bracknell Forest local authority area over time, sourced from the HPI. The two 7 MERLIN WAY sales from June 2008 and December 2020 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 2008 sale was for 40% below the HPI. So the extrapolation line tracks at 40% below the HPI over time, until the December 2020 sale, where it falls to 45% below the HPI. The line then continues to track at 45% below the HPI.
7 MERLIN WAY is 88m² according to the EPC inspection conducted in August 2018. This puts it in the smallest 20% of detached houses in Bracknell, based on EPC data. The below chart shows the distribution of detached houses by size in Bracknell, and where 7 MERLIN WAY lies on this distribution: 12% of detached houses are smaller than 7 MERLIN WAY, and 88% of houses are larger. Note that EPC data is not available for all properties in Bracknell.
7 MERLIN WAY sits on a plot of roughly 0.067 of an acre, or 272m². The below map shows the location of 7 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 7 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.
7 MERLIN WAY is located in BRACKNELL, in the RG12 postcode district. The below map shows the position of No. 7 on MERLIN WAY.