3, MERLIN ROAD, LEICESTER, LE4 9AT - £240,000

3 MERLIN ROAD is a midsized detached house of 117m². It was last sold for £240,000 in March 2018, which was around 17% below the average March 2018 detached price in the Leicester local authority area. The most recent EPC inspection was December 2014, where the current energy rating was B, and the potential energy rating was A.

3 MERLIN ROAD Sold Prices

Land registry data shows two sales for 3 MERLIN ROAD since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Leicester local authority area for the corresponding sale date. Both of the two 3 MERLIN ROAD 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
2018 12 MAR	£240,000	£288,972	17% below HPI
2014 28 NOV	£214,995	£224,924	4% below HPI

3 MERLIN ROAD Price Paid vs. HPI Average

The below graph shows the average detached house price in the Leicester local authority area over time, sourced from the HPI. The two 3 MERLIN ROAD sales from November 2014 and March 2018 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 November 2014 sale was for 4% below the HPI. So the extrapolation line tracks at 4% below the HPI over time, until the March 2018 sale, where it falls to 17% below the HPI. The line then continues to track at 17% below the HPI.

How Large is 3 MERLIN ROAD?

3 MERLIN ROAD is 117m² according to the EPC inspection conducted in December 2014. This puts it in the largest 50% of detached houses in Leicester, based on EPC data. The below chart shows the distribution of detached houses by size in Leicester, and where 3 MERLIN ROAD lies on this distribution: 51% of detached houses are smaller than 3 MERLIN ROAD, and 48% of houses are larger. Note that EPC data is not available for all properties in Leicester.

3 MERLIN ROAD: Plot and Title Map

3 MERLIN ROAD sits on a plot of roughly 0.053 of an acre, or 213m². The below map shows the location of 3 MERLIN ROAD, 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 3 MERLIN ROAD). 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 3 MERLIN ROAD?

3 MERLIN ROAD is located in LEICESTER, in the LE4 postcode district. The below map shows the position of No. 3 on MERLIN ROAD.