22, MERLIN WAY, FARNBOROUGH, GU14 0PF - £525,000

22 MERLIN WAY is a very small extended detached house of 88m², built sometime between 1983 and 1990. It was last sold for £525,000 in August 2022, which was around 13% below the average August 2022 detached price in the Rushmoor local authority area. The most recent EPC inspection was May 2022, where the current energy rating was D, and the potential energy rating was B.

22 MERLIN WAY Sold Prices

Land registry data shows three sales for 22 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 Rushmoor local authority area for the corresponding sale date. All of the three 22 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
2022 5 AUG	£525,000	£604,477	13% below HPI
2019 2 APR	£415,000	£512,360	19% below HPI
2011 5 AUG	£285,000	£343,201	17% below HPI

22 MERLIN WAY Price Paid vs. HPI Average

The below graph shows the average detached house price in the Rushmoor local authority area over time, sourced from the HPI. The three 22 MERLIN WAY sales between August 2011 and August 2022 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 2019 sale was for 19% below the HPI. So the extrapolation line tracks at 19% below the HPI over time, until the August 2022 sale, where it rises to 13% below the HPI. The line then continues to track at 13% below the HPI.

How Large is 22 MERLIN WAY?

22 MERLIN WAY is 88m², which includes one extension, according to the EPC inspection conducted in May 2022. This puts it in the smallest 20% of detached houses in Farnborough, based on EPC data. The below chart shows the distribution of detached houses by size in Farnborough, and where 22 MERLIN WAY lies on this distribution: 17% of detached houses are smaller than 22 MERLIN WAY, and 81% of houses are larger. Note that EPC data is not available for all properties in Farnborough.

22 MERLIN WAY: Plot and Title Map

22 MERLIN WAY sits on a plot of roughly 0.106 of an acre, or 429m². The below map shows the location of 22 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 22 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 22 MERLIN WAY?

22 MERLIN WAY is located in FARNBOROUGH, in the GU14 postcode district. The below map shows the position of No. 22 on MERLIN WAY.