24, MERLIN WAY, WOODVILLE, SWADLINCOTE, DE11 7QU - £155,000

24 MERLIN WAY is a very small detached house of 78m², built sometime between 1967 and 1975. It was last sold for £155,000 in July 2016, which was around 38% below the average July 2016 detached price in the South Derbyshire local authority area. The most recent EPC inspection was March 2011, where the current energy rating was E, and the potential energy rating was E.

24 MERLIN WAY Sold Prices

Land registry data shows two sales for 24 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 South Derbyshire local authority area for the corresponding sale date. Both of the two 24 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 27 JUL	£155,000	£251,566	38% below HPI
2011 15 JUL	£115,000	£200,185	43% below HPI

24 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 two 24 MERLIN WAY sales from July 2011 and July 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 July 2011 sale was for 43% below the HPI. So the extrapolation line tracks at 43% below the HPI over time, until the July 2016 sale, where it rises to 38% below the HPI. The line then continues to track at 38% below the HPI.

How Large is 24 MERLIN WAY?

24 MERLIN WAY is 78m² according to the EPC inspection conducted in March 2011. This puts it in the smallest 10% of detached houses in Woodville, based on EPC data. The below chart shows the distribution of detached houses by size in Woodville, and where 24 MERLIN WAY lies on this distribution: 8% of detached houses are smaller than 24 MERLIN WAY, and 92% of houses are larger. Note that EPC data is not available for all properties in Woodville.

24 MERLIN WAY: Plot and Title Map

24 MERLIN WAY sits on a plot of roughly 0.050 of an acre, or 204m². The below map shows the location of 24 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 24 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 24 MERLIN WAY?

24 MERLIN WAY is located in WOODVILLE, in the DE11 postcode district. The below map shows the position of No. 24 on MERLIN WAY.