42, MERLIN ROAD, WELLING, DA16 2JP - £470,000

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.

42 MERLIN ROAD is a very small extended semi-detached house of 93m², built sometime between 1930 and 1949, which could now be worth an estimated £589,841. It was last sold for £470,000 in September 2017, which was around 12% above the average September 2017 semi-detached price in the Bexley local authority area. The most recent EPC inspection was June 2017, where the current energy rating was D, and the potential energy rating was B.

42 MERLIN ROAD Sold Prices

Land registry data shows two sales for 42 MERLIN ROAD since 1^st January 1995. The below table shows the price paid for the two sales, along with the average semi-detached price in the Bexley local authority area for the corresponding sale date. Both of the two 42 MERLIN ROAD 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
2017 18 SEP	£470,000	£420,434	12% above HPI
2005 18 MAR	£249,995	£224,206	12% above HPI

42 MERLIN ROAD Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Bexley local authority area over time, sourced from the HPI. The two 42 MERLIN ROAD sales from March 2005 and September 2017 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 March 2005 sale was for 12% above the HPI. So the extrapolation line tracks at 12% above the HPI over time, until the September 2017 sale, which was also at 12% above the HPI.

What might 42 MERLIN ROAD be worth now?

42 MERLIN ROAD might now be worth an estimated £589,841.

This is based on house price inflation of 25.5%, between September 2017 and May 2026, for semi-detached houses, in the Bexley local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 25.5% inflationary increase is applied to the most recent sale price for 42 MERLIN ROAD of £470,000 on 18th September 2017. For the value to have increased from £470,000 to £589,841 over the nine years and four months to May 2026, the following assumptions must hold true:

• The value of 42 MERLIN ROAD has moved in line with the HPI for semi-detached houses in the Bexley local authority area.
• The September 2017 sale price of £470,000 represented a fair market value for the property.
• The size, condition, and specification of 42 MERLIN ROAD has not materially changed since September 2017.

How Large is 42 MERLIN ROAD?

42 MERLIN ROAD is 93m², which includes two extensions, according to the EPC inspection conducted in June 2017. This puts it in the smallest 20% of semi-detached houses houses in London, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in London, and where 42 MERLIN ROAD lies on this distribution: 14% of semi-detached houses houses are smaller than 42 MERLIN ROAD, and 85% of houses are larger. Note that EPC data is not available for all properties in London.

42 MERLIN ROAD: Plot and Title Map

42 MERLIN ROAD sits on a plot of roughly 0.047 of an acre, or 189m². The below map shows the location of 42 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 42 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 42 MERLIN ROAD?

42 MERLIN ROAD is located in WELLING, in the DA16 postcode district. The below map shows the position of No. 42 on MERLIN ROAD.