Based on the November 2024 Price Paid Data (released on 2nd January 2025), the October 2024 House Price Index (released on 18th December 2024), and the October 2024 Energy Performance of Buildings Data (released on 28th November 2024). Sources
46 MERLESWEN is a very small extended detached house of 74m², built sometime between 1967 and 1975. It was last sold for £154,950 in March 2015, which was around 18% below the average March 2015 detached price in the West Lindsey local authority area. The most recent EPC inspection was May 2014, where the current energy rating was E, and the potential energy rating was B.
Land registry data shows three sales for 46 MERLESWEN since 1st 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 46 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 23 MAR | £154,950 | £188,056 | 18% below HPI |
2002 30 MAY | £85,000 | £97,620 | 13% below HPI |
1995 8 DEC | £43,000 | £59,196 | 27% below HPI |
The below graph shows the average detached house price in the West Lindsey local authority area over time, sourced from the HPI. The three 46 MERLESWEN sales between December 1995 and March 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 May 2002 sale was for 13% below the HPI. So the extrapolation line tracks at 13% below the HPI over time, until the March 2015 sale, where it falls to 18% below the HPI. The line then continues to track at 18% below the HPI.
46 MERLESWEN is 74m², which includes one extension, according to the EPC inspection conducted in May 2014. This puts it in the smallest 10% of detached houses in Dunholme, based on EPC data. The below chart shows the distribution of detached houses by size in Dunholme, and where 46 MERLESWEN lies on this distribution: 8% of detached houses are smaller than 46 MERLESWEN, and 91% of houses are larger. Note that EPC data is not available for all properties in Dunholme.
46 MERLESWEN sits on a plot of roughly 0.084 of an acre, or 339m². The below map shows the location of 46 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 46 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.
46 MERLESWEN is located in DUNHOLME, in the LN2 postcode district. The below map shows the position of No. 46 on MERLESWEN.