8, MERLIN CLOSE, HEAPEY, CHORLEY, PR6 9BB - £235,000

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 small detached house of 78m², built sometime between 1991 and 1995. It was last sold for £235,000 in November 2015, which was around 2% below the average November 2015 detached price in the Chorley local authority area. The most recent EPC inspection was May 2015, where the current energy rating was D, and the potential energy rating was B.

8 MERLIN CLOSE Sold Prices

Land registry data shows two sales for 8 MERLIN CLOSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Chorley local authority area for the corresponding sale date. Both of the two 8 MERLIN CLOSE 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
2015 6 NOV	£235,000	£239,132	2% below HPI
2000 24 AUG	£89,950	£96,631	7% below HPI

8 MERLIN CLOSE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Chorley local authority area over time, sourced from the HPI. The two 8 MERLIN CLOSE sales from August 2000 and November 2015 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 2000 sale was for 7% below the HPI. So the extrapolation line tracks at 7% below the HPI over time, until the November 2015 sale, where it rises to 2% below the HPI. The line then continues to track at 2% below the HPI.

How Large is 8 MERLIN CLOSE?

8 MERLIN CLOSE is 78m² according to the EPC inspection conducted in May 2015. This puts it in the smallest 20% of detached houses in Chorley, based on EPC data. The below chart shows the distribution of detached houses by size in Chorley, and where 8 MERLIN CLOSE lies on this distribution: 11% of detached houses are smaller than 8 MERLIN CLOSE, and 88% of houses are larger. Note that EPC data is not available for all properties in Chorley.

8 MERLIN CLOSE: Plot and Title Map

8 MERLIN CLOSE sits on a plot of roughly 0.110 of an acre, or 445m². 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 HEAPEY, in the PR6 postcode district. The below map shows the position of No. 8 on MERLIN CLOSE.