123, MERLEY LANE, WIMBORNE, BH21 3AG - £360,000

123 MERLEY LANE is a midsized extended detached house of 115m², built sometime between 1967 and 1975. It was last sold for £360,000 in April 2016, which was around 12% below the average April 2016 detached price in the Bournemouth Christchurch and Poole local authority area. The most recent EPC inspection was December 2016, where the current energy rating was D, and the potential energy rating was C.

123 MERLEY LANE Sold Prices

Land registry data shows two sales for 123 MERLEY LANE since 1^st 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 123 MERLEY LANE 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
2016 22 APR	£360,000	£407,340	12% below HPI
2003 18 DEC	£217,000	£274,449	21% below HPI

123 MERLEY LANE Price Paid vs. HPI Average

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 123 MERLEY LANE sales from December 2003 and April 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 December 2003 sale was for 21% below the HPI. So the extrapolation line tracks at 21% below the HPI over time, until the April 2016 sale, where it rises to 12% below the HPI. The line then continues to track at 12% below the HPI.

How Large is 123 MERLEY LANE?

123 MERLEY LANE is 115m², which includes two extensions, according to the EPC inspection conducted in December 2016. 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 123 MERLEY LANE lies on this distribution: 48% of detached houses are smaller than 123 MERLEY LANE, and 51% of houses are larger. Note that EPC data is not available for all properties in Merley.

123 MERLEY LANE: Plot and Title Map

123 MERLEY LANE sits on a plot of roughly 0.075 of an acre, or 302m². The below map shows the location of 123 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 123 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.

Where is 123 MERLEY LANE?

123 MERLEY LANE is located in WIMBORNE, in the BH21 postcode district. The below map shows the position of No. 123 on MERLEY LANE.