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
87 MERLIN DRIVE is a small detached house of 93m², built sometime between 1996 and 2002. It was last sold for £282,500 in September 2018, which was around 15% below the average September 2018 detached price in the Gloucester local authority area. The most recent EPC inspection was March 2014, where the current energy rating was D, and the potential energy rating was B.
Land registry data shows two sales for 87 MERLIN DRIVE since 1st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Gloucester local authority area for the corresponding sale date. Both of the two 87 MERLIN DRIVE 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 5 SEP | £282,500 | £330,611 | 15% below HPI |
1998 24 APR | £84,995 | £87,497 | 3% below HPI |
The below graph shows the average detached house price in the Gloucester local authority area over time, sourced from the HPI. The two 87 MERLIN DRIVE sales from April 1998 and September 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 April 1998 sale was for 3% below the HPI. So the extrapolation line tracks at 3% below the HPI over time, until the September 2018 sale, where it falls to 15% below the HPI. The line then continues to track at 15% below the HPI.
87 MERLIN DRIVE is 93m² according to the EPC inspection conducted in March 2014. This puts it in the smallest 40% of detached houses in Quedgeley, based on EPC data. The below chart shows the distribution of detached houses by size in Quedgeley, and where 87 MERLIN DRIVE lies on this distribution: 35% of detached houses are smaller than 87 MERLIN DRIVE, and 64% of houses are larger. Note that EPC data is not available for all properties in Quedgeley.
87 MERLIN DRIVE sits on a plot of roughly 0.067 of an acre, or 270m². The below map shows the location of 87 MERLIN DRIVE, 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 87 MERLIN DRIVE). 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.
87 MERLIN DRIVE is located in QUEDGELEY, in the GL2 postcode district. The below map shows the position of No. 87 on MERLIN DRIVE.