8, MERLIN CLOSE, ROGIET, CALDICOT, NP26 3UX - £345,000

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 small extended detached house of 107m², built sometime between 1996 and 2002. It was last sold for £345,000 in May 2023, which was around 26% below the average May 2023 detached price in the Monmouthshire local authority area. The most recent EPC inspection was October 2022, where the current energy rating was C, and the potential energy rating was B.

8 MERLIN CLOSE Sold Prices

Land registry data shows five sales for 8 MERLIN CLOSE since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the Monmouthshire local authority area for the corresponding sale date. All of the five 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
2023 19 MAY	£345,000	£464,083	26% below HPI
2019 8 NOV	£305,000	£394,382	23% below HPI
2006 6 JUL	£225,000	£276,697	19% below HPI
2003 30 APR	£174,000	£198,747	12% below HPI
2000 20 OCT	£105,000	£130,416	19% below HPI

8 MERLIN CLOSE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Monmouthshire local authority area over time, sourced from the HPI. The five 8 MERLIN CLOSE sales between October 2000 and May 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 November 2019 sale was for 23% below the HPI. So the extrapolation line tracks at 23% below the HPI over time, until the May 2023 sale, where it falls to 26% below the HPI. The line then continues to track at 26% below the HPI.

How Large is 8 MERLIN CLOSE?

8 MERLIN CLOSE is 107m², which includes two extensions, according to the EPC inspection conducted in October 2022. This puts it in the smallest 40% of detached houses in Rogiet, based on EPC data. The below chart shows the distribution of detached houses by size in Rogiet, and where 8 MERLIN CLOSE lies on this distribution: 31% of detached houses are smaller than 8 MERLIN CLOSE, and 69% of houses are larger. Note that EPC data is not available for all properties in Rogiet.

8 MERLIN CLOSE: Plot and Title Map

8 MERLIN CLOSE sits on a plot of roughly 0.086 of an acre, or 347m². 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 ROGIET, in the NP26 postcode district. The below map shows the position of No. 8 on MERLIN CLOSE.