4, MERLIN CLOSE, UPPER RISSINGTON, CHELTENHAM, GL54 2QF - £407,500

4 MERLIN CLOSE is a very small detached house of 92m². It was last sold for £407,500 in July 2023, which was around 42% below the average July 2023 detached price in the Cotswold local authority area. The most recent EPC inspection was July 2014, where the current energy rating was B, and the potential energy rating was A.

4 MERLIN CLOSE Sold Prices

Land registry data shows three sales for 4 MERLIN CLOSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Cotswold local authority area for the corresponding sale date. All of the three 4 MERLIN CLOSE 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
2023 21 JUL	£407,500	£705,276	42% below HPI
2019 27 SEP	£341,185	£593,523	43% below HPI
2015 30 JUN	£312,995	£463,519	32% below HPI

4 MERLIN CLOSE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Cotswold local authority area over time, sourced from the HPI. The three 4 MERLIN CLOSE sales between June 2015 and July 2023 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 September 2019 sale was for 43% below the HPI. So the extrapolation line tracks at 43% below the HPI over time, until the July 2023 sale, where it rises to 42% below the HPI. The line then continues to track at 42% below the HPI.

How Large is 4 MERLIN CLOSE?

4 MERLIN CLOSE is 92m² according to the EPC inspection conducted in July 2014. This puts it in the smallest 10% of detached houses in Upper Rissington, based on EPC data. The below chart shows the distribution of detached houses by size in Upper Rissington, and where 4 MERLIN CLOSE lies on this distribution: 5% of detached houses are smaller than 4 MERLIN CLOSE, and 89% of houses are larger. Note that EPC data is not available for all properties in Upper Rissington.

4 MERLIN CLOSE: Plot and Title Map

4 MERLIN CLOSE sits on a plot of roughly 0.074 of an acre, or 299m². The below map shows the location of 4 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 4 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 4 MERLIN CLOSE?

4 MERLIN CLOSE is located in UPPER RISSINGTON, in the GL54 postcode district. The below map shows the position of No. 4 on MERLIN CLOSE.