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
89 MERLIN WAY is a very small extended detached house of 79m², built sometime between 1983 and 1990. It was last sold for £131,000 in June 2017, which was around 61% below the average June 2017 detached price in the Cheshire East local authority area. The most recent EPC inspection was April 2017, where the current energy rating was D, and the potential energy rating was C.
Land registry data shows two sales for 89 MERLIN WAY since 1st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Cheshire East local authority area for the corresponding sale date. Both of the two 89 MERLIN WAY 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 |
---|---|---|---|
2017 16 JUN | £131,000 | £335,269 | 61% below HPI |
1995 24 MAR | £40,000 | £95,485 | 58% below HPI |
The below graph shows the average detached house price in the Cheshire East local authority area over time, sourced from the HPI. The two 89 MERLIN WAY sales from March 1995 and June 2017 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 March 1995 sale was for 58% below the HPI. So the extrapolation line tracks at 58% below the HPI over time, until the June 2017 sale, where it falls to 61% below the HPI. The line then continues to track at 61% below the HPI.
89 MERLIN WAY is 79m², which includes one extension, according to the EPC inspection conducted in April 2017. This puts it in the smallest 20% of detached houses in Crewe, based on EPC data. The below chart shows the distribution of detached houses by size in Crewe, and where 89 MERLIN WAY lies on this distribution: 18% of detached houses are smaller than 89 MERLIN WAY, and 81% of houses are larger. Note that EPC data is not available for all properties in Crewe.
89 MERLIN WAY sits on a plot of roughly 0.049 of an acre, or 200m². The below map shows the location of 89 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 89 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.
89 MERLIN WAY is located in CREWE, in the CW1 postcode district. The below map shows the position of No. 89 on MERLIN WAY.