9, MERLIN CLOSE, ROGIET, CALDICOT, NP26 3UX - £162,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

9 MERLIN CLOSE is a small detached house of 94m², built sometime between 1996 and 2002, which could now be worth an estimated £287,127. It was last sold for £162,000 in June 2013, which was around 42% below the average June 2013 detached price in the Monmouthshire local authority area. The most recent EPC inspection was November 2010, where the current energy rating was D, and the potential energy rating was C.

9 MERLIN CLOSE Sold Prices

Land registry data shows three sales for 9 MERLIN CLOSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Monmouthshire local authority area for the corresponding sale date. All of the three 9 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
2013 28 JUN	£162,000	£277,589	42% below HPI
2003 14 JAN	£136,000	£185,387	27% below HPI
2000 12 OCT	£88,000	£130,684	33% below HPI

9 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 three 9 MERLIN CLOSE sales between October 2000 and June 2013 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 January 2003 sale was for 27% below the HPI. So the extrapolation line tracks at 27% below the HPI over time, until the June 2013 sale, where it falls to 42% below the HPI. The line then continues to track at 42% below the HPI.

What might 9 MERLIN CLOSE be worth now?

9 MERLIN CLOSE might now be worth an estimated £287,127.

This is based on house price inflation of 77.2%, between June 2013 and February 2025, for detached houses, in the Monmouthshire local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 77.2% inflationary increase is applied to the most recent sale price for 9 MERLIN CLOSE of £162,000 on 28th June 2013. For the value to have increased from £162,000 to £287,127 over the twelve years and four months to February 2025, the following assumptions must hold true:

• The value of 9 MERLIN CLOSE has moved in line with the HPI for detached houses in the Monmouthshire local authority area.
• The June 2013 sale price of £162,000 represented a fair market value for the property.
• The size, condition, and specification of 9 MERLIN CLOSE has not materially changed since June 2013.

How Large is 9 MERLIN CLOSE?

9 MERLIN CLOSE is 94m² according to the EPC inspection conducted in November 2010. This puts it in the smallest 30% of detached houses houses in Rogiet, based on EPC data. The below chart shows the distribution of detached houses houses by size in Rogiet, and where 9 MERLIN CLOSE lies on this distribution: 21% of detached houses houses are smaller than 9 MERLIN CLOSE, and 79% of houses are larger. Note that EPC data is not available for all properties in Rogiet.

9 MERLIN CLOSE: Plot and Title Map

9 MERLIN CLOSE sits on a plot of roughly 0.076 of an acre, or 308m². 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.

Where is 9 MERLIN CLOSE?

9 MERLIN CLOSE is located in ROGIET, in the NP26 postcode district. The below map shows the position of No. 9 on MERLIN CLOSE.