97, MERLIN WAY, MICKLEOVER, DERBY, DE3 0UJ - £445,000

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

97 MERLIN WAY is a very large extended detached house of 162m², built sometime between 1996 and 2002. It was last sold for £445,000 in August 2021, which was around 53% above the average August 2021 detached price in the South Derbyshire local authority area. The most recent EPC inspection was April 2021, where the current energy rating was C, and the potential energy rating was C.

97 MERLIN WAY Sold Prices

Land registry data shows five sales for 97 MERLIN WAY since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the South Derbyshire local authority area for the corresponding sale date. All of the five 97 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
2021 11 AUG	£445,000	£291,541	53% above HPI
2012 12 MAR	£325,000	£207,247	57% above HPI
2006 31 MAY	£377,500	£211,681	78% above HPI
2006 7 APR	£380,000	£208,674	82% above HPI
2002 20 DEC	£284,950	£146,820	94% above HPI

97 MERLIN WAY Price Paid vs. HPI Average

The below graph shows the average detached house price in the South Derbyshire local authority area over time, sourced from the HPI. The five 97 MERLIN WAY sales between December 2002 and August 2021 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 2012 sale was for 57% above the HPI. So the extrapolation line tracks at 57% above the HPI over time, until the August 2021 sale, where it falls to 53% above the HPI. The line then continues to track at 53% above the HPI.

How Large is 97 MERLIN WAY?

97 MERLIN WAY is 162m², which includes one extension, according to the EPC inspection conducted in April 2021. This puts it in the largest 20% of detached houses in Derby, based on EPC data. The below chart shows the distribution of detached houses by size in Derby, and where 97 MERLIN WAY lies on this distribution: 88% of detached houses are smaller than 97 MERLIN WAY, and 12% of houses are larger. Note that EPC data is not available for all properties in Derby.

97 MERLIN WAY: Plot and Title Map

97 MERLIN WAY sits on a plot of roughly 0.129 of an acre, or 523m². The below map shows the location of 97 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 97 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 97 MERLIN WAY?

97 MERLIN WAY is located in MICKLEOVER, in the DE3 postcode district. The below map shows the position of No. 97 on MERLIN WAY.