24, MERLIN CLOSE, THORNHILL, CARDIFF, CF14 9AW - £322,250

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.

24 MERLIN CLOSE is a very small semi-detached house of 77m², built sometime between 1991 and 1995, which could now be worth an estimated £345,494. It was last sold for £322,250 in June 2022, which was around 9% above the average June 2022 semi-detached price in the Cardiff local authority area. The most recent EPC inspection was March 2022, where the current energy rating was C, and the potential energy rating was B.

24 MERLIN CLOSE Sold Prices

Land registry data shows four sales for 24 MERLIN CLOSE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average semi-detached price in the Cardiff local authority area for the corresponding sale date. All of the four 24 MERLIN CLOSE 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
2022 30 JUN	£322,250	£296,869	9% above HPI
2005 20 MAY	£176,000	£165,730	6% above HPI
1999 24 SEP	£82,000	£69,861	17% above HPI
1997 20 JAN	£65,000	£56,671	15% above HPI

24 MERLIN CLOSE Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Cardiff local authority area over time, sourced from the HPI. The four 24 MERLIN CLOSE sales between January 1997 and June 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 May 2005 sale was for 6% above the HPI. So the extrapolation line tracks at 6% above the HPI over time, until the June 2022 sale, where it rises to 9% above the HPI. The line then continues to track at 9% above the HPI.

What might 24 MERLIN CLOSE be worth now?

24 MERLIN CLOSE might now be worth an estimated £345,494.

This is based on house price inflation of 7.2%, between June 2022 and June 2025, for semi-detached houses, in the Cardiff local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 7.2% inflationary increase is applied to the most recent sale price for 24 MERLIN CLOSE of £322,250 on 30th June 2022. For the value to have increased from £322,250 to £345,494 over the three years to June 2025, the following assumptions must hold true:

• The value of 24 MERLIN CLOSE has moved in line with the HPI for semi-detached houses in the Cardiff local authority area.
• The June 2022 sale price of £322,250 represented a fair market value for the property.
• The size, condition, and specification of 24 MERLIN CLOSE has not materially changed since June 2022.

How Large is 24 MERLIN CLOSE?

24 MERLIN CLOSE is 77m² according to the EPC inspection conducted in March 2022. This puts it in the smallest 10% of semi-detached houses houses in Cardiff, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Cardiff, and where 24 MERLIN CLOSE lies on this distribution: 7% of semi-detached houses houses are smaller than 24 MERLIN CLOSE, and 93% of houses are larger. Note that EPC data is not available for all properties in Cardiff.

24 MERLIN CLOSE: Plot and Title Map

24 MERLIN CLOSE sits on a plot of roughly 0.070 of an acre, or 284m². The below map shows the location of 24 MERLIN CLOSE, 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 24 MERLIN CLOSE). 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 24 MERLIN CLOSE?

24 MERLIN CLOSE is located in THORNHILL, in the CF14 postcode district. The below map shows the position of No. 24 on MERLIN CLOSE.