MERLE WOOD, BORRANS ROAD, AMBLESIDE, LA22 0EN - £356,000

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

MERLE WOOD is a small detached house of 94m², built sometime between 1930 and 1949. It was last sold for £356,000 in November 2014, which was around 31% above the average November 2014 detached price in the Westmorland and Furness local authority area. The most recent EPC inspection was April 2014, where the current energy rating was D, and the potential energy rating was B.

MERLE WOOD Sold Prices

Land registry data shows two sales for MERLE WOOD since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Westmorland and Furness local authority area for the corresponding sale date. Both of the two MERLE WOOD 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
2014 27 NOV	£356,000	£272,764	31% above HPI
2011 11 APR	£310,000	£264,862	17% above HPI

MERLE WOOD Price Paid vs. HPI Average

The below graph shows the average detached house price in the Westmorland and Furness local authority area over time, sourced from the HPI. The two MERLE WOOD sales from April 2011 and November 2014 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 2011 sale was for 17% above the HPI. So the extrapolation line tracks at 17% above the HPI over time, until the November 2014 sale, where it rises to 31% above the HPI. The line then continues to track at 31% above the HPI.

How Large is MERLE WOOD?

MERLE WOOD is 94m² according to the EPC inspection conducted in April 2014. This puts it in the smallest 30% of detached houses in Ambleside, based on EPC data. The below chart shows the distribution of detached houses by size in Ambleside, and where MERLE WOOD lies on this distribution: 24% of detached houses are smaller than MERLE WOOD, and 76% of houses are larger. Note that EPC data is not available for all properties in Ambleside.

MERLE WOOD: Plot and Title Map

MERLE WOOD sits on a plot of roughly 22.4 acres, or 90,719m². The below map shows the location of MERLE WOOD, 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 MERLE WOOD). 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 MERLE WOOD?

MERLE WOOD is located on BORRANS ROAD in AMBLESIDE, in the LA22 postcode district. The below map shows the position of MERLE WOOD on BORRANS ROAD.