51, MERLESWEN, DUNHOLME, LINCOLN, LN2 3ST - £320,000

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

51 MERLESWEN is a large extended detached house of 132m², built sometime between 1950 and 1966. It was last sold for £320,000 in November 2022, which was around 12% above the average November 2022 detached price in the West Lindsey local authority area. The most recent EPC inspection was May 2022, where the current energy rating was C, and the potential energy rating was C.

51 MERLESWEN Sold Prices

Land registry data shows two sales for 51 MERLESWEN since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the West Lindsey local authority area for the corresponding sale date. One of the two 51 MERLESWEN sales was for above the average price, whilst the other was 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
2022 11 NOV	£320,000	£285,856	12% above HPI
2007 20 APR	£128,000	£182,344	30% below HPI

51 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 two 51 MERLESWEN sales from April 2007 and November 2022 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 2007 sale was for 30% below the HPI. So the extrapolation line tracks at 30% below the HPI over time, until the November 2022 sale, where it rises to 12% above the HPI. The line then continues to track at 12% above the HPI.

How Large is 51 MERLESWEN?

51 MERLESWEN is 132m², which includes three extensions, according to the EPC inspection conducted in May 2022. This puts it in the largest 40% of detached houses in Dunholme, based on EPC data. The below chart shows the distribution of detached houses by size in Dunholme, and where 51 MERLESWEN lies on this distribution: 65% of detached houses are smaller than 51 MERLESWEN, and 35% of houses are larger. Note that EPC data is not available for all properties in Dunholme.

51 MERLESWEN: Plot and Title Map

51 MERLESWEN sits on a plot of roughly 0.089 of an acre, or 360m². The below map shows the location of 51 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 51 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 51 MERLESWEN?

51 MERLESWEN is located in DUNHOLME, in the LN2 postcode district. The below map shows the position of No. 51 on MERLESWEN.