40, MERLIN WAY, CHIPPING SODBURY, BRISTOL, BS37 6XP - £198,000

40 MERLIN WAY is a very small detached house of 83m², built sometime between 1967 and 1975. It was last sold for £198,000 in January 2006, which was around 28% below the average January 2006 detached price in the South Gloucestershire local authority area. The most recent EPC inspection was July 2011, where the current energy rating was E, and the potential energy rating was E.

40 MERLIN WAY Sold Prices

Land registry data shows two sales for 40 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 Gloucestershire local authority area for the corresponding sale date. Both of the two 40 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
2006 27 JAN	£198,000	£275,406	28% below HPI
2001 29 NOV	£124,000	£178,728	31% below HPI

40 MERLIN WAY Price Paid vs. HPI Average

The below graph shows the average detached house price in the South Gloucestershire local authority area over time, sourced from the HPI. The two 40 MERLIN WAY sales from November 2001 and January 2006 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 2001 sale was for 31% below the HPI. So the extrapolation line tracks at 31% below the HPI over time, until the January 2006 sale, where it rises to 28% below the HPI. The line then continues to track at 28% below the HPI.

How Large is 40 MERLIN WAY?

40 MERLIN WAY is 83m² according to the EPC inspection conducted in July 2011. This puts it in the smallest 20% of detached houses in Chipping Sodbury, based on EPC data. The below chart shows the distribution of detached houses by size in Chipping Sodbury, and where 40 MERLIN WAY lies on this distribution: 12% of detached houses are smaller than 40 MERLIN WAY, and 88% of houses are larger. Note that EPC data is not available for all properties in Chipping Sodbury.

40 MERLIN WAY: Plot and Title Map

40 MERLIN WAY sits on a plot of roughly 0.098 of an acre, or 398m². The below map shows the location of 40 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 40 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 40 MERLIN WAY?

40 MERLIN WAY is located in CHIPPING SODBURY, in the BS37 postcode district. The below map shows the position of No. 40 on MERLIN WAY.