26, MERLESWEN, DUNHOLME, LINCOLN, LN2 3ST - £168,500

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

26 MERLESWEN is a very small detached house of 64m², built sometime between 1950 and 1966, which could now be worth an estimated £238,469. It was last sold for £168,500 in September 2015, which was around 16% below the average September 2015 detached price in the West Lindsey local authority area. The most recent EPC inspection was July 2014, where the current energy rating was D, and the potential energy rating was B.

26 MERLESWEN Sold Prices

Land registry data shows four sales for 26 MERLESWEN since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the West Lindsey local authority area for the corresponding sale date. All of the four 26 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
2015 25 SEP	£168,500	£201,321	16% below HPI
2015 17 APR	£130,000	£192,225	32% below HPI
2006 3 AUG	£124,995	£177,954	30% below HPI
2001 14 DEC	£64,500	£90,381	29% below HPI

26 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 four 26 MERLESWEN sales between December 2001 and September 2015 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 April 2015 sale was for 32% below the HPI. So the extrapolation line tracks at 32% below the HPI over time, until the September 2015 sale, where it rises to 16% below the HPI. The line then continues to track at 16% below the HPI.

What might 26 MERLESWEN be worth now?

26 MERLESWEN might now be worth an estimated £238,469.

This is based on house price inflation of 41.5%, between September 2015 and December 2024, for detached houses, in the West Lindsey local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 41.5% inflationary increase is applied to the most recent sale price for 26 MERLESWEN of £168,500 on 25th September 2015. For the value to have increased from £168,500 to £238,469 over the eight years and nine months to December 2024, the following assumptions must hold true:

• The value of 26 MERLESWEN has moved in line with the HPI for detached houses in the West Lindsey local authority area.
• The September 2015 sale price of £168,500 represented a fair market value for the property.
• The size, condition, and specification of 26 MERLESWEN has not materially changed since September 2015.

How Large is 26 MERLESWEN?

26 MERLESWEN is 64m² according to the EPC inspection conducted in July 2014. This puts it in the smallest 10% of detached houses houses in Dunholme, based on EPC data. The below chart shows the distribution of detached houses houses by size in Dunholme, and where 26 MERLESWEN lies on this distribution: 2% of detached houses houses are smaller than 26 MERLESWEN, and 98% of houses are larger. Note that EPC data is not available for all properties in Dunholme.

26 MERLESWEN: Plot and Title Map

26 MERLESWEN sits on a plot of roughly 0.070 of an acre, or 283m². The below map shows the location of 26 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 26 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 26 MERLESWEN?

26 MERLESWEN is located in DUNHOLME, in the LN2 postcode district. The below map shows the position of No. 26 on MERLESWEN.