MERLINS, CLIFTON, BANBURY, OX15 0QA - £370,000

MERLINS is a midsized extended detached house of 140m², built sometime between 1983 and 1990. It was last sold for £370,000 in June 2018, which was around 22% below the average June 2018 detached price in the Cherwell local authority area. The most recent EPC inspection was August 2017, where the current energy rating was D, and the potential energy rating was C.

MERLINS Sold Prices

Land registry data shows four sales for MERLINS since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Cherwell local authority area for the corresponding sale date. All of the four MERLINS 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
2018 29 JUN	£370,000	£475,117	22% below HPI
2013 12 DEC	£342,000	£375,311	9% below HPI
1999 27 AUG	£122,000	£157,659	23% below HPI
1995 28 APR	£92,000	£95,557	4% below HPI

MERLINS Price Paid vs. HPI Average

The below graph shows the average detached house price in the Cherwell local authority area over time, sourced from the HPI. The four MERLINS sales between April 1995 and June 2018 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 December 2013 sale was for 9% below the HPI. So the extrapolation line tracks at 9% below the HPI over time, until the June 2018 sale, where it falls to 22% below the HPI. The line then continues to track at 22% below the HPI.

How Large is MERLINS?

MERLINS is 140m², which includes one extension, according to the EPC inspection conducted in August 2017. This puts it in the smallest 50% of detached houses in Clifton, based on EPC data. The below chart shows the distribution of detached houses by size in Clifton, and where MERLINS lies on this distribution: 42% of detached houses are smaller than MERLINS, and 58% of houses are larger. Note that EPC data is not available for all properties in Clifton.

MERLINS: Plot and Title Map

MERLINS sits on a plot of roughly 0.092 of an acre, or 372m². The below map shows the location of MERLINS, 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 MERLINS). 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 MERLINS?

MERLINS is located in CLIFTON, in the OX15 postcode district. The below map shows the position of MERLINS in CLIFTON.