103, MERLIN ROAD, WELLING, DA16 2JS - £210,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

103 MERLIN ROAD is a very small extended terraced house of 68m², built sometime between 1930 and 1949, which could now be worth an estimated £442,151. It was last sold for £210,000 in June 2010, which was around 8% above the average June 2010 terraced price in the Bexley local authority area. The most recent EPC inspection was October 2009, where the current energy rating was D, and the potential energy rating was D.

103 MERLIN ROAD Sold Prices

Land registry data shows four sales for 103 MERLIN ROAD since 1^st January 1995. The below table shows the price paid for the four sales, along with the average terraced price in the Bexley local authority area for the corresponding sale date. All of the four 103 MERLIN ROAD 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
2010 25 JUN	£210,000	£194,981	8% above HPI
2005 30 NOV	£200,000	£180,625	11% above HPI
1999 26 NOV	£114,950	£87,845	31% above HPI
1996 24 MAY	£65,500	£62,025	6% above HPI

103 MERLIN ROAD Price Paid vs. HPI Average

The below graph shows the average terraced house price in the Bexley local authority area over time, sourced from the HPI. The four 103 MERLIN ROAD sales between May 1996 and June 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 November 2005 sale was for 11% above the HPI. So the extrapolation line tracks at 11% above the HPI over time, until the June 2010 sale, where it falls to 8% above the HPI. The line then continues to track at 8% above the HPI.

What might 103 MERLIN ROAD be worth now?

103 MERLIN ROAD might now be worth an estimated £442,151.

This is based on house price inflation of 110.5%, between June 2010 and May 2026, for terraced houses, in the Bexley local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 110.5% inflationary increase is applied to the most recent sale price for 103 MERLIN ROAD of £210,000 on 25th June 2010. For the value to have increased from £210,000 to £442,151 over the sixteen years and one month to May 2026, the following assumptions must hold true:

• The value of 103 MERLIN ROAD has moved in line with the HPI for terraced houses in the Bexley local authority area.
• The June 2010 sale price of £210,000 represented a fair market value for the property.
• The size, condition, and specification of 103 MERLIN ROAD has not materially changed since June 2010.

How Large is 103 MERLIN ROAD?

103 MERLIN ROAD is 68m², which includes one extension, according to the EPC inspection conducted in October 2009. This puts it in the smallest 10% of terraced houses houses in London, based on EPC data. The below chart shows the distribution of terraced houses houses by size in London, and where 103 MERLIN ROAD lies on this distribution: 3% of terraced houses houses are smaller than 103 MERLIN ROAD, and 97% of houses are larger. Note that EPC data is not available for all properties in London.

103 MERLIN ROAD: Plot and Title Map

103 MERLIN ROAD sits on a plot of roughly 0.083 of an acre, or 336m². The below map shows the location of 103 MERLIN ROAD, 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 103 MERLIN ROAD). 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 103 MERLIN ROAD?

103 MERLIN ROAD is located in WELLING, in the DA16 postcode district. The below map shows the position of No. 103 on MERLIN ROAD.