9, MERLIN WAY, CHELTENHAM, GL53 0LS - £355,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

9 MERLIN WAY is a small extended semi-detached house of 108m², built sometime between 1950 and 1966, which could now be worth an estimated £528,716. It was last sold for £355,000 in October 2015, which was around 32% above the average October 2015 semi-detached price in the Cheltenham local authority area. The most recent EPC inspection was December 2013, where the current energy rating was D, and the potential energy rating was C.

9 MERLIN WAY Sold Prices

Land registry data shows three sales for 9 MERLIN WAY since 1^st January 1995. The below table shows the price paid for the three sales, along with the average semi-detached price in the Cheltenham local authority area for the corresponding sale date. All of the three 9 MERLIN WAY 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
2015 30 OCT	£355,000	£267,983	32% above HPI
2001 30 MAR	£119,500	£109,198	9% above HPI
1995 25 APR	£68,500	£60,877	13% above HPI

9 MERLIN WAY Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Cheltenham local authority area over time, sourced from the HPI. The three 9 MERLIN WAY sales between April 1995 and October 2015 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 2001 sale was for 9% above the HPI. So the extrapolation line tracks at 9% above the HPI over time, until the October 2015 sale, where it rises to 32% above the HPI. The line then continues to track at 32% above the HPI.

What might 9 MERLIN WAY be worth now?

9 MERLIN WAY might now be worth an estimated £528,716.

This is based on house price inflation of 48.9%, between October 2015 and February 2025, for semi-detached houses, in the Cheltenham local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 48.9% inflationary increase is applied to the most recent sale price for 9 MERLIN WAY of £355,000 on 30th October 2015. For the value to have increased from £355,000 to £528,716 over the ten years and eight months to February 2025, the following assumptions must hold true:

• The value of 9 MERLIN WAY has moved in line with the HPI for semi-detached houses in the Cheltenham local authority area.
• The October 2015 sale price of £355,000 represented a fair market value for the property.
• The size, condition, and specification of 9 MERLIN WAY has not materially changed since October 2015.

How Large is 9 MERLIN WAY?

9 MERLIN WAY is 108m², which includes one extension, according to the EPC inspection conducted in December 2013. This puts it in the smallest 40% of semi-detached houses houses in Cheltenham, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Cheltenham, and where 9 MERLIN WAY lies on this distribution: 31% of semi-detached houses houses are smaller than 9 MERLIN WAY, and 68% of houses are larger. Note that EPC data is not available for all properties in Cheltenham.

9 MERLIN WAY: Plot and Title Map

9 MERLIN WAY sits on a plot of roughly 0.084 of an acre, or 339m². The below map shows the location of 9 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 9 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.

Where is 9 MERLIN WAY?

9 MERLIN WAY is located in CHELTENHAM, in the GL53 postcode district. The below map shows the position of No. 9 on MERLIN WAY.