98, MERLIN WAY, CREWE, CW1 3RZ - £187,500

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

98 MERLIN WAY is a midsized extended detached house of 98m², built sometime between 1983 and 1990. It was last sold for £187,500 in August 2019, which was around 49% below the average August 2019 detached price in the Cheshire East local authority area. The most recent EPC inspection was March 2019, where the current energy rating was C, and the potential energy rating was B.

98 MERLIN WAY Sold Prices

Land registry data shows three sales for 98 MERLIN WAY since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Cheshire East local authority area for the corresponding sale date. All of the three 98 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
2019 23 AUG	£187,500	£365,484	49% below HPI
2008 14 JUN	£136,000	£295,553	54% below HPI
1998 26 AUG	£50,500	£113,254	55% below HPI

98 MERLIN WAY Price Paid vs. HPI Average

The below graph shows the average detached house price in the Cheshire East local authority area over time, sourced from the HPI. The three 98 MERLIN WAY sales between August 1998 and August 2019 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 June 2008 sale was for 54% below the HPI. So the extrapolation line tracks at 54% below the HPI over time, until the August 2019 sale, where it rises to 49% below the HPI. The line then continues to track at 49% below the HPI.

How Large is 98 MERLIN WAY?

98 MERLIN WAY is 98m², which includes two extensions, according to the EPC inspection conducted in March 2019. This puts it in the smallest 50% of detached houses in Crewe, based on EPC data. The below chart shows the distribution of detached houses by size in Crewe, and where 98 MERLIN WAY lies on this distribution: 41% of detached houses are smaller than 98 MERLIN WAY, and 58% of houses are larger. Note that EPC data is not available for all properties in Crewe.

98 MERLIN WAY: Plot and Title Map

98 MERLIN WAY sits on a plot of roughly 0.062 of an acre, or 251m². The below map shows the location of 98 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 98 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 98 MERLIN WAY?

98 MERLIN WAY is located in CREWE, in the CW1 postcode district. The below map shows the position of No. 98 on MERLIN WAY.