8, MERLIN WAY, FARNBOROUGH, GU14 0PF - £545,000

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 WAY is a very large extended detached house of 158m², built sometime between 1983 and 1990. It was last sold for £545,000 in March 2021, which was around 3% above the average March 2021 detached price in the Rushmoor local authority area. The most recent EPC inspection was July 2015, where the current energy rating was D, and the potential energy rating was C.

8 MERLIN WAY Sold Prices

Land registry data shows four sales for 8 MERLIN WAY since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Rushmoor local authority area for the corresponding sale date. Most of the four 8 MERLIN WAY 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
2021 30 MAR	£545,000	£527,148	3% above HPI
2015 10 DEC	£520,000	£476,584	9% above HPI
2006 14 DEC	£360,000	£323,327	11% above HPI
1999 19 JUL	£155,000	£159,232	3% below HPI

8 MERLIN WAY Price Paid vs. HPI Average

The below graph shows the average detached house price in the Rushmoor local authority area over time, sourced from the HPI. The four 8 MERLIN WAY sales between July 1999 and March 2021 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 December 2015 sale was for 9% above the HPI. So the extrapolation line tracks at 9% above the HPI over time, until the March 2021 sale, where it falls to 3% above the HPI. The line then continues to track at 3% above the HPI.

How Large is 8 MERLIN WAY?

8 MERLIN WAY is 158m², which includes four extensions, according to the EPC inspection conducted in July 2015. This puts it in the largest 20% of detached houses in Farnborough, based on EPC data. The below chart shows the distribution of detached houses by size in Farnborough, and where 8 MERLIN WAY lies on this distribution: 84% of detached houses are smaller than 8 MERLIN WAY, and 15% of houses are larger. Note that EPC data is not available for all properties in Farnborough.

8 MERLIN WAY: Plot and Title Map

8 MERLIN WAY sits on a plot of roughly 0.126 of an acre, or 512m². The below map shows the location of 8 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 8 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 8 MERLIN WAY?

8 MERLIN WAY is located in FARNBOROUGH, in the GU14 postcode district. The below map shows the position of No. 8 on MERLIN WAY.