8, MERLIN CLOSE, BELPER, DE56 0QL - £400,000

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

8 MERLIN CLOSE is a very large extended detached house of 132m², built sometime between 1991 and 1995. It was last sold for £400,000 in April 2023, which was around 23% above the average April 2023 detached price in the Amber Valley local authority area. The most recent EPC inspection was August 2022, where the current energy rating was C, and the potential energy rating was B.

8 MERLIN CLOSE Sold Prices

Land registry data shows three sales for 8 MERLIN CLOSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Amber Valley local authority area for the corresponding sale date. All of the three 8 MERLIN CLOSE sales were 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
2023 28 APR	£400,000	£326,014	23% above HPI
2004 15 OCT	£207,500	£186,389	11% above HPI
1999 21 MAY	£85,500	£72,666	18% above HPI

8 MERLIN CLOSE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Amber Valley local authority area over time, sourced from the HPI. The three 8 MERLIN CLOSE sales between May 1999 and April 2023 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 October 2004 sale was for 11% above the HPI. So the extrapolation line tracks at 11% above the HPI over time, until the April 2023 sale, where it rises to 23% above the HPI. The line then continues to track at 23% above the HPI.

How Large is 8 MERLIN CLOSE?

8 MERLIN CLOSE is 132m², which includes one extension, according to the EPC inspection conducted in August 2022. This puts it in the largest 20% of detached houses in Belper, based on EPC data. The below chart shows the distribution of detached houses by size in Belper, and where 8 MERLIN CLOSE lies on this distribution: 83% of detached houses are smaller than 8 MERLIN CLOSE, and 16% of houses are larger. Note that EPC data is not available for all properties in Belper.

8 MERLIN CLOSE: Plot and Title Map

8 MERLIN CLOSE sits on a plot of roughly 0.077 of an acre, or 310m². The below map shows the location of 8 MERLIN CLOSE, 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 8 MERLIN CLOSE). 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 8 MERLIN CLOSE?

8 MERLIN CLOSE is located in BELPER, in the DE56 postcode district. The below map shows the position of No. 8 on MERLIN CLOSE.