9, MERLIN CLOSE, WALTHAM ABBEY, EN9 3NG - £640,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

9 MERLIN CLOSE is a large extended detached house of 134m², built sometime between 1996 and 2002. It was last sold for £640,000 in January 2022, which was around 33% below the average January 2022 detached price in the Epping Forest local authority area. The most recent EPC inspection was January 2020, where the current energy rating was C, and the potential energy rating was B.

9 MERLIN CLOSE Sold Prices

Land registry data shows five sales for 9 MERLIN CLOSE since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the Epping Forest local authority area for the corresponding sale date. All of the five 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
2022 28 JAN	£640,000	£948,494	33% below HPI
2021 1 APR	£625,000	£867,602	28% below HPI
2015 28 AUG	£520,000	£723,268	28% below HPI
2010 11 MAR	£365,000	£542,407	33% below HPI
2003 9 JUL	£295,000	£442,011	33% below HPI

9 MERLIN CLOSE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Epping Forest local authority area over time, sourced from the HPI. The five 9 MERLIN CLOSE sales between July 2003 and January 2022 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 2021 sale was for 28% below the HPI. So the extrapolation line tracks at 28% below the HPI over time, until the January 2022 sale, where it falls to 33% below the HPI. The line then continues to track at 33% below the HPI.

How Large is 9 MERLIN CLOSE?

9 MERLIN CLOSE is 134m², which includes one extension, according to the EPC inspection conducted in January 2020. This puts it in the largest 40% of detached houses in Waltham Abbey, based on EPC data. The below chart shows the distribution of detached houses by size in Waltham Abbey, and where 9 MERLIN CLOSE lies on this distribution: 67% 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 Waltham Abbey.

9 MERLIN CLOSE: Plot and Title Map

9 MERLIN CLOSE sits on a plot of roughly 0.080 of an acre, or 324m². 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 WALTHAM ABBEY, in the EN9 postcode district. The below map shows the position of No. 9 on MERLIN CLOSE.