Detached 4 sales on record

5 MERLIN WAY

SWINDON, SN3 5AN

£510,000

Location

Map view View on Google Maps View on OpenStreetMap Street View SN3 5AN

Nearby

Nearest stations, universities and amenities (distance from property).

Type	Name	Distance
Bus stop	Wrenswood	0.0 miles
Shop	Lotmead Farm Pick Your Own	0.4 miles
Train station	Richard Jefferies Halt	1.8 miles
University	Royal Agricultural University (Cultural Heritage Institute)	2.8 miles
Hospital	Marlborough House	3.3 miles

Property details

Tenure

Freehold

Property type

Detached

Bedrooms

Bathrooms

Floor area

179 m²

EPC rating

Year built

England and Wales: 1967-1975

Last sold

£510,000 Mar 2026

Price per m²

£2,849/m²

Local average

£458,513 (37 sales)

Street crime

86 incidents within 1 mile (Jun 2026)

EPC Rating & Upgrade Cost

Current rating: C

Potential rating: C

Inspection date: 05/07/2018

Expiry date: 04/07/2028

Current heating cost: £1,075/year

Potential heating cost: £838/year

Est. upgrade cost to C: £12,500

Recommendations

Cavity wall insulation (£500 - £1,500)
Floor insulation (solid floor) (£4,000 - £6,000)
Solar photovoltaic panels, 2.5 kWp (£5,000 - £8,000)

View full EPC on gov.uk

Price history

Event	Date	Price	Type	% change	Today’s value (HPI)	Action
Sold	13/03/2026	£510,000	Detached	+3%	£516,697 to May 2026	View transaction
Sold	24/06/2022	£495,000	Detached	+15.1%	£518,252 to May 2026	View transaction
Sold	09/05/2019	£430,000	Detached	+43.3%	£524,046 to May 2026	View transaction
Sold	15/07/2016	£300,000	Detached	—	£396,966 to May 2026	View transaction

Historic listings

Listing and sale events only where we matched the listing page to a Land Registry sale already on record for this address.

Event	Date	Price
sold	01/01/2026	£510,000
listed	01/11/2025	£550,000
sold	01/01/2022	£495,000
sold	01/01/2019	£430,000
sold	01/01/2016	£300,000

Photos · Open listing

Sold comparables

Same street and nearby sales within 0.25 miles (last 5 years). Land Registry Price Paid Data.

Address	Price	Date	Type
37 MERLIN WAY, SWINDON, SN3 5AN	£340,000	15/12/2023	Detached
1 BLACKMORE CLOSE, COVINGHAM, SWINDON, SN3 5DF	£300,000	02/11/2023	Detached
11 TOTTERDOWN CLOSE, SWINDON, SN3 5DJ	£296,000	30/06/2023	Detached
22 DOVETREES, COVINGHAM, SWINDON, SN3 5AX	£517,000	28/04/2023	Detached
45 MERLIN WAY, SWINDON, SN3 5AN	£385,000	06/04/2023	Detached
27 MERLIN WAY, SWINDON, SN3 5AN	£395,000	26/01/2023	Detached
19 BASKERVILLE ROAD, SWINDON, SN3 5DB	£330,000	28/10/2022	Detached
2 CORNMARSH WAY, SWINDON, SN3 5DH	£325,000	03/10/2022	Detached
3 TOTTERDOWN CLOSE, SWINDON, SN3 5DJ	£303,000	31/08/2022	Detached
11 BASKERVILLE ROAD, SWINDON, SN3 5DB	£315,000	18/08/2022	Detached
25 DOVETREES, COVINGHAM, SWINDON, SN3 5AX	£465,000	08/08/2022	Detached
5 BASKERVILLE ROAD, SWINDON, SN3 5DB	£300,000	27/06/2022	Detached
39 MERLIN WAY, SWINDON, SN3 5AN	£395,000	18/02/2022	Detached
15 MERLIN WAY, SWINDON, SN3 5AN	£445,000	30/09/2021	Detached

Area average: £365,071 (14 sales)

For sale comparables

No active for-sale comparables found within 1 mile for the same bedrooms and property type.

Capital growth trend

Land Registry outcode average: last 12 months vs 5y and 10y ago (from sold prices).

5y growth 11.2%

10y growth 26.1%

House Price Index (HM Land Registry — official index, not sold-price averages): Swindon. Series: Detached. As of May 2026.

1y (index) 1.9%

5y (index) 18.7%

10y (index) 34.3%

Rental Range

Estimated market rent for Swindon. Low = conservative, Realistic = average, Optimistic = best case.

Low £981/mo

Realistic £1,090/mo

Optimistic £1,199/mo

Based on Local Authority from postcode lookup → Swindon.

LHA (30th percentile) floor for Cheltenham: Apr 2025 – Mar 2026

Rental Comparables

Residential lets in the area (all bedroom counts shown — none matched the 4-bedroom count for this property). Student lets are excluded.

Title	Rent	Beds	Distance	As seen on
2 Bed Flat, Oakley Park, SN3	£1,150/mo	2	0.66 miles	OpenRent
2 Bed Flat, Lampeter House, SN3	£975/mo	2	0.84 miles	OpenRent

Average rent: £1,063/mo (2 listings)

Rent-driven metrics

Based on OpenRent comparables.

Rent ratio 0.21%

Max investor price (0.8%) £132,875

Target investor price (1%) £106,300

Gross yield 2.5%

Cost-to-rent ratio 40×

Monthly cashflow £-1,077/mo 75% LTV, 3.95% APR (5yr fixed), 25yr term

Cash-on-cash ROI -8.7%

Rent ratio — Monthly rent ÷ purchase price (1% rule). 1%+ = strong, 0.8–1% = okay, <0.8% = weak for cashflow.
Max investor price — Rent ÷ 0.8%; the price at which rent would be 0.8% of price (Stoke-style target).
Target investor price — Rent ÷ 1%; the price at which rent would be 1% of price (strong cashflow band).
Gross yield — Annual rent as % of purchase price (no costs).
Cost-to-rent — Price ÷ annual rent (from OpenRent comparables). Under 14× = strong, 14–16× = acceptable, 17×+ = compressed.
Cashflow — Rent minus mortgage, 10% maintenance, £25/mo compliance. Assumes 75% LTV, 3.95% APR (5yr fixed), 25yr term.
ROI — Annual profit ÷ cash in (deposit + 4% purchase costs).

Flood risk

Zone: 1

Risk: Low

Job (default Low)

Registered land (INSPIRE)

This location falls inside an HM Land Registry INSPIRE registered freehold polygon.

Plot: ~378 m² (0.09 acres)

Source: HM Land Registry INSPIRE Index Polygons.

Street-level crime

Category	Count
Violence and sexual offences	35
Anti-social behaviour	14
Public order	10
Other theft	7
Criminal damage and arson	5
Shoplifting	5
Other crime	4
Burglary	3
Bicycle theft	1
Drugs	1
Theft from the person	1
Total incidents	86

Within 1 mile during Jun 2026. Source: data.police.uk (England & Wales).

Schools nearby

Nearest open schools with Ofsted ratings (England). Closed schools are not shown. Data from Get Information about Schools and Ofsted.

Name	Type	Distance	Ofsted
Covingham Park Primary School	Primary	0.3 miles	Good — 9 Mar 2016
The Dorcan Academy	Secondary	0.6 miles	Good — 8 Sep 2022
Colebrook Junior School	Primary	0.6 miles	Good — 18 Jan 2016
Colebrook Infant Academy	Primary	0.6 miles	Good — 5 Feb 2014
Nythe Primary School	Primary	0.6 miles	Good — 9 Nov 2016

FENSA

No FENSA certificates found for this address.

# 5 MERLIN WAY, SWINDON, SN3 5AN

## Property details

- Slug: `862bcea` (address key hash: `862bcea7026caa135bd6d6e87e28befc7eb73036`)
- Postcode: SN3 5AN
- Transactions on record: 4

- Tenure: Freehold
- Property type: Detached
- Bedrooms: 4
- Bathrooms: 3
- Floor area: 179 m²
- EPC rating: C
- Year built: England and Wales: 1967-1975
- Last sold: £510,000 Mar 2026
- Price per m²: £2,849/m²
- Local average: £458,513 (37 sales)
- Street crime: 86 incidents within 1 mile (Jun 2026)

## Latest sale

- Price: £510,000
- Date: 2026-03-13
- Type: D
- Tenure: F

## EPC Rating & Upgrade Cost

- **Current rating:** C
- **Potential rating:** C
- **Expiry date:** 04/07/2028
- **Current heating cost:** £1,075/year
- **Est. upgrade cost to C:** £12,500

### Recommendations
- B (£500 - £1,500)
- W2 (£4,000 - £6,000)
- U (£5,000 - £8,000)

[View full EPC on gov.uk](https://find-energy-certificate.service.gov.uk/energy-certificate/0258-0033-7273-4438-3960)

## Price history

| Event | Date | Price | Type | % change | Today’s value (HPI) | Transaction |
|-------|------|-------|------|--------|---------------------|-------------|
| Sold | 2026-03-13 | £510,000 | Detached | +3% | £516,697 (to May 2026) | [View](http://87.117.209.195:8080/house-prices/50d10b84-95d4-b8d0-e063-4704a8c08d98) |
| Sold | 2022-06-24 | £495,000 | Detached | +15.1% | £518,252 (to May 2026) | [View](http://87.117.209.195:8080/house-prices/e53edd2e-7d1d-83ec-e053-6b04a8c03a59) |
| Sold | 2019-05-09 | £430,000 | Detached | +43.3% | £524,046 (to May 2026) | [View](http://87.117.209.195:8080/house-prices/8cac1318-e30b-0253-e053-6b04a8c08e51) |
| Sold | 2016-07-15 | £300,000 | Detached | — | £396,966 (to May 2026) | [View](http://87.117.209.195:8080/house-prices/3914047a-6608-3206-e050-a8c063057647) |

*Today’s value (HPI): adjusted using published house price index trends for the area and property type; not a valuation of the property today.*

## Sales History

*Recorded sales for this property. Data from Land Registry Price Paid.*

| Address | Price | Date | Type |
|---------|-------|------|------|
| 5 MERLIN WAY, SWINDON, SN3 5AN | £510,000 | 13/03/2026 | Detached |
| 5 MERLIN WAY, SWINDON, SN3 5AN | £495,000 | 24/06/2022 | Detached |
| 5 MERLIN WAY, SWINDON, SN3 5AN | £430,000 | 09/05/2019 | Detached |
| 5 MERLIN WAY, SWINDON, SN3 5AN | £300,000 | 15/07/2016 | Detached |

## Historic listings

Listing activity only where we matched the listing to a Land Registry sale already on record for this address.

- Matched listing: [168876104](http://87.117.209.195:8080/listings/31bad42)

| Event | Date | Price |
|-------|------|-------|
| sold | 2026-01-01 | £510,000 |
| listed | 2025-11-01 | £550,000 |
| sold | 2022-01-01 | £495,000 |
| sold | 2019-01-01 | £430,000 |
| sold | 2016-01-01 | £300,000 |

## Sold Comparables

*Same street and nearby sales within 0.25 miles. Data from Land Registry Price Paid. Last 5 years.*

| Address | Price | Date | Type |
|---------|-------|------|------|
| 37 MERLIN WAY, SWINDON, SN3 5AN | £340,000 | 15/12/2023 | Detached |
| 1 BLACKMORE CLOSE, COVINGHAM, SWINDON, SN3 5DF | £300,000 | 02/11/2023 | Detached |
| 11 TOTTERDOWN CLOSE, SWINDON, SN3 5DJ | £296,000 | 30/06/2023 | Detached |
| 22 DOVETREES, COVINGHAM, SWINDON, SN3 5AX | £517,000 | 28/04/2023 | Detached |
| 45 MERLIN WAY, SWINDON, SN3 5AN | £385,000 | 06/04/2023 | Detached |
| 27 MERLIN WAY, SWINDON, SN3 5AN | £395,000 | 26/01/2023 | Detached |
| 19 BASKERVILLE ROAD, SWINDON, SN3 5DB | £330,000 | 28/10/2022 | Detached |
| 2 CORNMARSH WAY, SWINDON, SN3 5DH | £325,000 | 03/10/2022 | Detached |
| 3 TOTTERDOWN CLOSE, SWINDON, SN3 5DJ | £303,000 | 31/08/2022 | Detached |
| 11 BASKERVILLE ROAD, SWINDON, SN3 5DB | £315,000 | 18/08/2022 | Detached |
| 25 DOVETREES, COVINGHAM, SWINDON, SN3 5AX | £465,000 | 08/08/2022 | Detached |
| 5 BASKERVILLE ROAD, SWINDON, SN3 5DB | £300,000 | 27/06/2022 | Detached |
| 39 MERLIN WAY, SWINDON, SN3 5AN | £395,000 | 18/02/2022 | Detached |
| 15 MERLIN WAY, SWINDON, SN3 5AN | £445,000 | 30/09/2021 | Detached |

**Area average:** £365,071 (14 sales)

## Capital growth trend

*Land Registry outcode average from sold prices: last 12 months vs 5y and 10y ago.*

- **5y growth:** 11.2%
- **10y growth:** 26.1%

## House Price Index (HM Land Registry)

*Official index for Swindon; Detached series; as of May 2026.*

- **1y growth (index):** 1.9%
- **5y growth (index):** 18.7%
- **10y growth (index):** 34.3%

## Rental Range

*ONS Price Index of Private Rents (Swindon). Low / Realistic / Optimistic = conservative / average / best case.*

- **Low:** £981/mo
- **Realistic:** £1,090/mo
- **Optimistic:** £1,199/mo

## LHA (Local Housing Allowance)

*VOA 30th percentile rent floor for Cheltenham (Apr 2025 – Mar 2026).*

## Rental Comparables

*Residential lets in the area (all bedroom counts shown — none matched the 4-bedroom count for this property). Student lets are excluded.*

| Title | Rent | Beds | Distance | As seen on |
|------|------|------|------|------|
| 2 Bed Flat, Oakley Park, SN3 | £1,150/mo | 2 | 0.66 miles | OpenRent |
| 2 Bed Flat, Lampeter House, SN3 | £975/mo | 2 | 0.84 miles | OpenRent |

**Average rent: £1,063/mo (2 listings)**

## 1% Rule

- **Rent ratio:** 0.21% (weak for cashflow)
- **Max investor price (0.8%):** £132,875
- **Target investor price (1%):** £106,300

*Monthly rent ÷ price. 1%+ = strong, 0.8–1% = okay, <0.8% = weak. Max investor price = rent ÷ 0.8% (Stoke-style target). Target investor price = rent ÷ 1% (strong cashflow band). Based on OpenRent comparables.*

## Rent-driven metrics

*Based on OpenRent comparables (median £1,063/mo).*

- **Gross yield:** 2.5%
- **Cost-to-rent:** 40×
- **Monthly cashflow:** £-1,077/mo (75% LTV, 3.95% APR (5yr fixed), 25yr term)
- **Cash-on-cash ROI:** -8.7%

*Gross yield = annual rent as % of price (no costs). Cost-to-rent = price ÷ annual rent (from OpenRent comparables); under 14× = strong, 14–16× = acceptable, 17×+ = compressed. Cashflow = rent − mortgage − 10% maintenance − £25/mo compliance; assumes 75% LTV, 3.95% APR (5yr fixed), 25yr term. ROI = annual profit ÷ cash in (deposit + 4% purchase costs).*

## Flood risk

- **Zone:** 1
- **Risk:** Low
- **Source:** Job (default Low)

[Check long-term flood risk (GOV.UK)](https://check-long-term-flood-risk.service.gov.uk/postcode)

## Street-level crime

| Category | Count |
|----------|-------|
| Violence and sexual offences | 35 |
| Anti-social behaviour | 14 |
| Public order | 10 |
| Other theft | 7 |
| Criminal damage and arson | 5 |
| Shoplifting | 5 |
| Other crime | 4 |
| Burglary | 3 |
| Bicycle theft | 1 |
| Drugs | 1 |
| Theft from the person | 1 |
| **Total incidents** | **86** |

*Within 1 mile during Jun 2026. Source: data.police.uk (England & Wales).*

## Schools nearby

*Nearest open schools with Ofsted ratings (England). Closed schools are not shown.*

| Name | Type | Distance | Ofsted |
|------|------|----------|--------|
| Covingham Park Primary School | Primary | 0.3 miles | Good — 9 Mar 2016 |
| The Dorcan Academy | Secondary | 0.6 miles | Good — 8 Sep 2022 |
| Colebrook Junior School | Primary | 0.6 miles | Good — 18 Jan 2016 |
| Colebrook Infant Academy | Primary | 0.6 miles | Good — 5 Feb 2014 |
| Nythe Primary School | Primary | 0.6 miles | Good — 9 Nov 2016 |