14, MERLIN WAY, LEAVESDEN, WATFORD, WD25 7GJ - £672,500

14 MERLIN WAY is a midsized detached house of 131m², built sometime between 1996 and 2002. It was last sold for £672,500 in March 2016, which was around 29% below the average March 2016 detached price in the Three Rivers local authority area. The most recent EPC inspection was March 2012, where the current energy rating was D, and the potential energy rating was C.

14 MERLIN WAY Sold Prices

Land registry data shows two sales for 14 MERLIN WAY since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Three Rivers local authority area for the corresponding sale date. Both of the two 14 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
2016 22 MAR	£672,500	£942,667	29% below HPI
2001 25 MAY	£340,000	£351,965	3% below HPI

14 MERLIN WAY Price Paid vs. HPI Average

The below graph shows the average detached house price in the Three Rivers local authority area over time, sourced from the HPI. The two 14 MERLIN WAY sales from May 2001 and March 2016 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 May 2001 sale was for 3% below the HPI. So the extrapolation line tracks at 3% below the HPI over time, until the March 2016 sale, where it falls to 29% below the HPI. The line then continues to track at 29% below the HPI.

How Large is 14 MERLIN WAY?

14 MERLIN WAY is 131m² according to the EPC inspection conducted in March 2012. This puts it in the smallest 50% of detached houses in Watford, based on EPC data. The below chart shows the distribution of detached houses by size in Watford, and where 14 MERLIN WAY lies on this distribution: 46% of detached houses are smaller than 14 MERLIN WAY, and 54% of houses are larger. Note that EPC data is not available for all properties in Watford.

14 MERLIN WAY: Plot and Title Map

14 MERLIN WAY sits on a plot of roughly 0.088 of an acre, or 358m². The below map shows the location of 14 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 14 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 14 MERLIN WAY?

14 MERLIN WAY is located in LEAVESDEN, in the WD25 postcode district. The below map shows the position of No. 14 on MERLIN WAY.