78, MERLIN WAY, CHIPPING SODBURY, BRISTOL, BS37 6XS - £338,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

78 MERLIN WAY is a small extended detached house of 95m², built sometime between 1967 and 1975. It was last sold for £338,000 in October 2018, which was around 24% below the average October 2018 detached price in the South Gloucestershire local authority area. The most recent EPC inspection was February 2014, where the current energy rating was D, and the potential energy rating was C.

78 MERLIN WAY Sold Prices

Land registry data shows six sales for 78 MERLIN WAY since 1^st January 1995. The below table shows the price paid for the six sales, along with the average detached price in the South Gloucestershire local authority area for the corresponding sale date. All of the six 78 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
2018 31 OCT	£338,000	£444,542	24% below HPI
2014 29 MAY	£245,000	£323,652	24% below HPI
2004 5 NOV	£205,000	£268,180	24% below HPI
2001 5 OCT	£118,000	£176,235	33% below HPI
2001 28 FEB	£112,000	£156,171	28% below HPI
1995 6 JAN	£62,500	£88,529	29% below HPI

78 MERLIN WAY Price Paid vs. HPI Average

The below graph shows the average detached house price in the South Gloucestershire local authority area over time, sourced from the HPI. The six 78 MERLIN WAY sales between January 1995 and October 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 May 2014 sale was for 24% below the HPI. So the extrapolation line tracks at 24% below the HPI over time, until the October 2018 sale, which was also at 24% below the HPI.

What might 78 MERLIN WAY be worth now?

78 MERLIN WAY might now be worth an estimated £422,817.

This is based on house price inflation of 25.1%, between October 2018 and December 2024, for detached houses, in the South Gloucestershire local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 25.1% inflationary increase is applied to the most recent sale price for 78 MERLIN WAY of £338,000 on 31st October 2018. For the value to have increased from £338,000 to £422,817 over the five years and ten months to December 2024, the following assumptions must hold true:

• The value of 78 MERLIN WAY has moved in line with the HPI for detached houses in the South Gloucestershire local authority area.
• The October 2018 sale price of £338,000 represented a fair market value for the property.
• The size, condition, and specification of 78 MERLIN WAY has not materially changed since October 2018.

How Large is 78 MERLIN WAY?

78 MERLIN WAY is 95m², which includes two extensions, according to the EPC inspection conducted in February 2014. This puts it in the smallest 30% of detached houses houses in Chipping Sodbury, based on EPC data. The below chart shows the distribution of detached houses houses by size in Chipping Sodbury, and where 78 MERLIN WAY lies on this distribution: 25% of detached houses houses are smaller than 78 MERLIN WAY, and 74% of houses are larger. Note that EPC data is not available for all properties in Chipping Sodbury.

78 MERLIN WAY: Plot and Title Map

78 MERLIN WAY sits on a plot of roughly 0.096 of an acre, or 388m². The below map shows the location of 78 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 78 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 78 MERLIN WAY?

78 MERLIN WAY is located in CHIPPING SODBURY, in the BS37 postcode district. The below map shows the position of No. 78 on MERLIN WAY.