Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources
54A MERLEY LANE is a midsized detached house of 114m². It was last sold for £495,000 in December 2016, which was around 17% above the average December 2016 detached price in the Bournemouth Christchurch and Poole local authority area. The most recent EPC inspection was January 2017, where the current energy rating was B, and the potential energy rating was B.
Land registry data shows two sales for 54A MERLEY LANE since 1st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Bournemouth Christchurch and Poole local authority area for the corresponding sale date. Both of the two 54A MERLEY LANE sales were for above 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 |
---|---|---|---|
2016 8 DEC | £495,000 | £424,664 | 17% above HPI |
2015 10 JUN | £500,000 | £385,440 | 30% above HPI |
The below graph shows the average detached house price in the Bournemouth Christchurch and Poole local authority area over time, sourced from the HPI. The two 54A MERLEY LANE sales from June 2015 and December 2016 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 June 2015 sale was for 30% above the HPI. So the extrapolation line tracks at 30% above the HPI over time, until the December 2016 sale, where it falls to 17% above the HPI. The line then continues to track at 17% above the HPI.
54A MERLEY LANE is 114m² according to the EPC inspection conducted in January 2017. This puts it in the smallest 50% of detached houses in Merley, based on EPC data. The below chart shows the distribution of detached houses by size in Merley, and where 54A MERLEY LANE lies on this distribution: 47% of detached houses are smaller than 54A MERLEY LANE, and 52% of houses are larger. Note that EPC data is not available for all properties in Merley.
54A MERLEY LANE sits on a plot of roughly 0.075 of an acre, or 305m². The below map shows the location of 54A MERLEY LANE, 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 54A MERLEY LANE). 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.
54A MERLEY LANE is located in WIMBORNE, in the BH21 postcode district. The below map shows the position of No. 54A on MERLEY LANE.