51, MERLIN WAY, WOODVILLE, SWADLINCOTE, DE11 7QU - £292,500

51 MERLIN WAY is a small extended detached house of 102m², built sometime between 1967 and 1975. It was last sold for £292,500 in July 2023, which was around 18% below the average July 2023 detached price in the South Derbyshire local authority area. The most recent EPC inspection was October 2018, where the current energy rating was D, and the potential energy rating was C.

51 MERLIN WAY Sold Prices

Land registry data shows two sales for 51 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 51 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
2023 28 JUL	£292,500	£355,693	18% below HPI
2002 7 MAY	£99,950	£121,956	18% below HPI

51 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 51 MERLIN WAY sales from May 2002 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 May 2002 sale was for 18% below the HPI. So the extrapolation line tracks at 18% below the HPI over time, until the July 2023 sale, which was also at 18% below the HPI.

How Large is 51 MERLIN WAY?

51 MERLIN WAY is 102m², which includes three extensions, according to the EPC inspection conducted in October 2018. This puts it in the smallest 40% of detached houses in Woodville, based on EPC data. The below chart shows the distribution of detached houses by size in Woodville, and where 51 MERLIN WAY lies on this distribution: 38% of detached houses are smaller than 51 MERLIN WAY, and 55% of houses are larger. Note that EPC data is not available for all properties in Woodville.

51 MERLIN WAY: Plot and Title Map

51 MERLIN WAY sits on a plot of roughly 0.083 of an acre, or 337m². The below map shows the location of 51 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 51 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 51 MERLIN WAY?

51 MERLIN WAY is located in WOODVILLE, in the DE11 postcode district. The below map shows the position of No. 51 on MERLIN WAY.