123, MERLEY LANE, WIMBORNE, BH21 3AG - £360,000

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.

123 MERLEY LANE is a midsized extended detached house of 115m², built sometime between 1967 and 1975, which could now be worth an estimated £472,167. It was last sold for £360,000 in April 2016, which was around 15% below the average April 2016 detached price in the Bournemouth Christchurch and Poole local authority area. The most recent EPC inspection was December 2016, where the current energy rating was D, and the potential energy rating was C.

123 MERLEY LANE Sold Prices

Land registry data shows two sales for 123 MERLEY LANE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Bournemouth Christchurch and Poole local authority area for the corresponding sale date. Both of the two 123 MERLEY LANE 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
2016 22 APR	£360,000	£425,370	15% below HPI
2003 18 DEC	£217,000	£286,597	24% below HPI

123 MERLEY LANE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Bournemouth Christchurch and Poole local authority area over time, sourced from the HPI. The two 123 MERLEY LANE sales from December 2003 and April 2016 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 December 2003 sale was for 24% below the HPI. So the extrapolation line tracks at 24% below the HPI over time, until the April 2016 sale, where it rises to 15% below the HPI. The line then continues to track at 15% below the HPI.

What might 123 MERLEY LANE be worth now?

123 MERLEY LANE might now be worth an estimated £472,167.

This is based on house price inflation of 31.2%, between April 2016 and February 2025, for detached houses, in the Bournemouth Christchurch and Poole local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 31.2% inflationary increase is applied to the most recent sale price for 123 MERLEY LANE of £360,000 on 22nd April 2016. For the value to have increased from £360,000 to £472,167 over the nine years and two months to February 2025, the following assumptions must hold true:

• The value of 123 MERLEY LANE has moved in line with the HPI for detached houses in the Bournemouth Christchurch and Poole local authority area.
• The April 2016 sale price of £360,000 represented a fair market value for the property.
• The size, condition, and specification of 123 MERLEY LANE has not materially changed since April 2016.

How Large is 123 MERLEY LANE?

123 MERLEY LANE is 115m², which includes two extensions, according to the EPC inspection conducted in December 2016. This puts it in the smallest 50% of detached houses houses in Merley, based on EPC data. The below chart shows the distribution of detached houses houses by size in Merley, and where 123 MERLEY LANE lies on this distribution: 48% of detached houses houses are smaller than 123 MERLEY LANE, and 52% of houses are larger. Note that EPC data is not available for all properties in Merley.

123 MERLEY LANE: Plot and Title Map

123 MERLEY LANE sits on a plot of roughly 0.075 of an acre, or 302m². The below map shows the location of 123 MERLEY LANE, 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 123 MERLEY LANE). 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 123 MERLEY LANE?

123 MERLEY LANE is located in WIMBORNE, in the BH21 postcode district. The below map shows the position of No. 123 on MERLEY LANE.