9, MERLIN WAY, WICKFORD, SS11 7HB - £320,500

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 WAY is a small extended detached house of 116m², built sometime between 1967 and 1975, which could now be worth an estimated £561,085. It was last sold for £320,500 in November 2010, which was around 16% below the average November 2010 detached price in the Chelmsford local authority area. The most recent EPC inspection was March 2010, where the current energy rating was E, and the potential energy rating was D.

9 MERLIN WAY Sold Prices

Land registry data shows two sales for 9 MERLIN WAY since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Chelmsford local authority area for the corresponding sale date. Both of the two 9 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
2010 5 NOV	£320,500	£381,430	16% below HPI
2003 15 APR	£263,000	£293,730	10% below HPI

9 MERLIN WAY Price Paid vs. HPI Average

The below graph shows the average detached house price in the Chelmsford local authority area over time, sourced from the HPI. The two 9 MERLIN WAY sales from April 2003 and November 2010 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 2003 sale was for 10% below the HPI. So the extrapolation line tracks at 10% below the HPI over time, until the November 2010 sale, where it falls to 16% below the HPI. The line then continues to track at 16% below the HPI.

What might 9 MERLIN WAY be worth now?

9 MERLIN WAY might now be worth an estimated £561,085.

This is based on house price inflation of 75.1%, between November 2010 and December 2024, for detached houses, in the Chelmsford local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 75.1% inflationary increase is applied to the most recent sale price for 9 MERLIN WAY of £320,500 on 5th November 2010. For the value to have increased from £320,500 to £561,085 over the thirteen years and eleven months to December 2024, the following assumptions must hold true:

• The value of 9 MERLIN WAY has moved in line with the HPI for detached houses in the Chelmsford local authority area.
• The November 2010 sale price of £320,500 represented a fair market value for the property.
• The size, condition, and specification of 9 MERLIN WAY has not materially changed since November 2010.

How Large is 9 MERLIN WAY?

9 MERLIN WAY is 116m², which includes two extensions, according to the EPC inspection conducted in March 2010. This puts it in the smallest 40% of detached houses houses in Runwell, based on EPC data. The below chart shows the distribution of detached houses houses by size in Runwell, and where 9 MERLIN WAY lies on this distribution: 37% of detached houses houses are smaller than 9 MERLIN WAY, and 60% of houses are larger. Note that EPC data is not available for all properties in Runwell.

9 MERLIN WAY: Plot and Title Map

9 MERLIN WAY sits on a plot of roughly 0.087 of an acre, or 351m². 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 WICKFORD, in the SS11 postcode district. The below map shows the position of No. 9 on MERLIN WAY.