18, MERLESWEN, DUNHOLME, LINCOLN, LN2 3SL - £190,000

18 MERLESWEN is a very small detached house of 73m², built sometime between 1983 and 1990. It was last sold for £190,000 in May 2019, which was around 15% below the average May 2019 detached price in the West Lindsey local authority area. The most recent EPC inspection was February 2016, where the current energy rating was D, and the potential energy rating was B.

18 MERLESWEN Sold Prices

Land registry data shows two sales for 18 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. Both of the two 18 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
2019 31 MAY	£190,000	£222,264	15% below HPI
2012 28 SEP	£122,250	£177,473	31% below HPI

18 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 18 MERLESWEN sales from September 2012 and May 2019 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 September 2012 sale was for 31% below the HPI. So the extrapolation line tracks at 31% below the HPI over time, until the May 2019 sale, where it rises to 15% below the HPI. The line then continues to track at 15% below the HPI.

How Large is 18 MERLESWEN?

18 MERLESWEN is 73m² according to the EPC inspection conducted in February 2016. 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 18 MERLESWEN lies on this distribution: 8% of detached houses are smaller than 18 MERLESWEN, and 92% of houses are larger. Note that EPC data is not available for all properties in Dunholme.

18 MERLESWEN: Plot and Title Map

18 MERLESWEN sits on a plot of roughly 0.086 of an acre, or 346m². The below map shows the location of 18 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 18 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 18 MERLESWEN?

18 MERLESWEN is located in DUNHOLME, in the LN2 postcode district. The below map shows the position of No. 18 on MERLESWEN.