11, MERLIN WAY, WOODVILLE, SWADLINCOTE, DE11 7QU - £185,000

11 MERLIN WAY is a very small extended detached house of 87m², built sometime between 1976 and 1982. It was last sold for £185,000 in September 2021, which was around 39% below the average September 2021 detached price in the South Derbyshire local authority area. The most recent EPC inspection was August 2023, where the current energy rating was C, and the potential energy rating was B.

11 MERLIN WAY Sold Prices

Land registry data shows three sales for 11 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 South Derbyshire local authority area for the corresponding sale date. All of the three 11 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
2021 30 SEP	£185,000	£303,742	39% below HPI
2021 30 JUN	£190,000	£302,937	37% below HPI
1998 5 OCT	£47,000	£79,903	41% below HPI

11 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 three 11 MERLIN WAY sales between October 1998 and September 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 June 2021 sale was for 37% below the HPI. So the extrapolation line tracks at 37% below the HPI over time, until the September 2021 sale, where it falls to 39% below the HPI. The line then continues to track at 39% below the HPI.

How Large is 11 MERLIN WAY?

11 MERLIN WAY is 87m², which includes one extension, according to the EPC inspection conducted in August 2023. This puts it in the smallest 20% of detached houses in Woodville, based on EPC data. The below chart shows the distribution of detached houses by size in Woodville, and where 11 MERLIN WAY lies on this distribution: 17% of detached houses are smaller than 11 MERLIN WAY, and 78% of houses are larger. Note that EPC data is not available for all properties in Woodville.

11 MERLIN WAY: Plot and Title Map

11 MERLIN WAY sits on a plot of roughly 0.050 of an acre, or 204m². The below map shows the location of 11 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 11 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 11 MERLIN WAY?

11 MERLIN WAY is located in WOODVILLE, in the DE11 postcode district. The below map shows the position of No. 11 on MERLIN WAY.