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
9 MERLIN CLOSE is a large extended detached house of 129m², built sometime between 1991 and 1995. It was last sold for £377,000 in July 2024, which was around 12% above the average July 2024 detached price in the Chorley local authority area. The most recent EPC inspection was May 2014, where the current energy rating was D, and the potential energy rating was B.
Land registry data shows six sales for 9 MERLIN CLOSE since 1st January 1995. The below table shows the price paid for the six sales, along with the average detached price in the Chorley local authority area for the corresponding sale date. Most of the six 9 MERLIN CLOSE 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 |
---|---|---|---|
2024 12 JUL | £377,000 | £335,886 | 12% above HPI |
2021 19 NOV | £360,000 | £308,259 | 17% above HPI |
2014 13 OCT | £290,000 | £232,406 | 25% above HPI |
2000 15 DEC | £97,000 | £98,964 | 2% below HPI |
1998 13 AUG | £88,000 | £89,003 | 1% below HPI |
1996 28 JUN | £85,950 | £77,906 | 10% above HPI |
The below graph shows the average detached house price in the Chorley local authority area over time, sourced from the HPI. The six 9 MERLIN CLOSE sales between June 1996 and July 2024 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 2021 sale was for 17% above the HPI. So the extrapolation line tracks at 17% above the HPI over time, until the July 2024 sale, where it falls to 12% above the HPI. The line then continues to track at 12% above the HPI.
9 MERLIN CLOSE is 129m², which includes one extension, according to the EPC inspection conducted in May 2014. This puts it in the largest 40% of detached houses in Chorley, based on EPC data. The below chart shows the distribution of detached houses by size in Chorley, and where 9 MERLIN CLOSE lies on this distribution: 66% of detached houses are smaller than 9 MERLIN CLOSE, and 33% of houses are larger. Note that EPC data is not available for all properties in Chorley.
9 MERLIN CLOSE sits on a plot of roughly 0.075 of an acre, or 305m². The below map shows the location of 9 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 9 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.
9 MERLIN CLOSE is located in HEAPEY, in the PR6 postcode district. The below map shows the position of No. 9 on MERLIN CLOSE.