4, MERLESWEN, DUNHOLME, LINCOLN, LN2 3SL - £319,950

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

4 MERLESWEN is a very large extended detached house of 173m², built sometime between 1950 and 1966, which could now be worth an estimated £363,016. It was last sold for £319,950 in February 2021, which was around 27% above the average February 2021 detached price in the West Lindsey local authority area. The most recent EPC inspection was June 2020, where the current energy rating was C, and the potential energy rating was B.

4 MERLESWEN Sold Prices

Land registry data shows three sales for 4 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. One of the three 4 MERLESWEN sales was for above the average price, whilst two 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
2021 26 FEB	£319,950	£251,118	27% above HPI
2013 8 NOV	£172,500	£187,316	8% below HPI
2009 31 JUL	£175,000	£180,953	3% below HPI

4 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 4 MERLESWEN sales between July 2009 and February 2021 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 November 2013 sale was for 8% below the HPI. So the extrapolation line tracks at 8% below the HPI over time, until the February 2021 sale, where it rises to 27% above the HPI. The line then continues to track at 27% above the HPI.

What might 4 MERLESWEN be worth now?

4 MERLESWEN might now be worth an estimated £363,016.

This is based on house price inflation of 13.5%, between February 2021 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 13.5% inflationary increase is applied to the most recent sale price for 4 MERLESWEN of £319,950 on 26th February 2021. For the value to have increased from £319,950 to £363,016 over the two years and two months to December 2024, the following assumptions must hold true:

• The value of 4 MERLESWEN has moved in line with the HPI for detached houses in the West Lindsey local authority area.
• The February 2021 sale price of £319,950 represented a fair market value for the property.
• The size, condition, and specification of 4 MERLESWEN has not materially changed since February 2021.

How Large is 4 MERLESWEN?

4 MERLESWEN is 173m², which includes one extension, according to the EPC inspection conducted in June 2020. This puts it in the largest 20% 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 4 MERLESWEN lies on this distribution: 87% of detached houses houses are smaller than 4 MERLESWEN, and 12% of houses are larger. Note that EPC data is not available for all properties in Dunholme.

4 MERLESWEN: Plot and Title Map

4 MERLESWEN sits on a plot of roughly 0.090 of an acre, or 365m². The below map shows the location of 4 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 4 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 4 MERLESWEN?

4 MERLESWEN is located in DUNHOLME, in the LN2 postcode district. The below map shows the position of No. 4 on MERLESWEN.