25, MERLESWEN, DUNHOLME, LINCOLN, LN2 3SN - £146,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

25 MERLESWEN is a small detached house of 88m², built sometime between 1950 and 1966. It was last sold for £146,000 in May 2012, which was around 17% below the average May 2012 detached price in the West Lindsey local authority area. The most recent EPC inspection was February 2012, where the current energy rating was D, and the potential energy rating was D.

25 MERLESWEN Sold Prices

Land registry data shows three sales for 25 MERLESWEN since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the West Lindsey local authority area for the corresponding sale date. All of the three 25 MERLESWEN 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
2012 25 MAY	£146,000	£175,030	17% below HPI
2006 1 AUG	£148,000	£175,402	16% below HPI
2003 3 FEB	£110,000	£128,472	14% below HPI

25 MERLESWEN Price Paid vs. HPI Average

The below graph shows the average detached house price in the West Lindsey local authority area over time, sourced from the HPI. The three 25 MERLESWEN sales between February 2003 and May 2012 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 August 2006 sale was for 16% below the HPI. So the extrapolation line tracks at 16% below the HPI over time, until the May 2012 sale, where it falls to 17% below the HPI. The line then continues to track at 17% below the HPI.

How Large is 25 MERLESWEN?

25 MERLESWEN is 88m² according to the EPC inspection conducted in February 2012. This puts it in the smallest 30% of detached houses in Dunholme, based on EPC data. The below chart shows the distribution of detached houses by size in Dunholme, and where 25 MERLESWEN lies on this distribution: 22% of detached houses are smaller than 25 MERLESWEN, and 78% of houses are larger. Note that EPC data is not available for all properties in Dunholme.

25 MERLESWEN: Plot and Title Map

25 MERLESWEN sits on a plot of roughly 0.098 of an acre, or 398m². The below map shows the location of 25 MERLESWEN, 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 25 MERLESWEN). 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 25 MERLESWEN?

25 MERLESWEN is located in DUNHOLME, in the LN2 postcode district. The below map shows the position of No. 25 on MERLESWEN.