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
1 MELBURY WAY is a large detached house of 121m², built sometime between 1996 and 2002. It was last sold for £470,000 in November 2023, which was around 10% below the average November 2023 detached price in the Dorset local authority area. The most recent EPC inspection was July 2023, where the current energy rating was C, and the potential energy rating was B.
Land registry data shows three sales for 1 MELBURY WAY since 1st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Dorset local authority area for the corresponding sale date. All of the three 1 MELBURY WAY 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 |
---|---|---|---|
2023 24 NOV | £470,000 | £519,972 | 10% below HPI |
2015 6 NOV | £300,000 | £380,423 | 21% below HPI |
2000 3 MAR | £148,500 | £149,809 | 1% below HPI |
The below graph shows the average detached house price in the Dorset local authority area over time, sourced from the HPI. The three 1 MELBURY WAY sales between March 2000 and November 2023 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 November 2015 sale was for 21% below the HPI. So the extrapolation line tracks at 21% below the HPI over time, until the November 2023 sale, where it rises to 10% below the HPI. The line then continues to track at 10% below the HPI.
1 MELBURY WAY is 121m² according to the EPC inspection conducted in July 2023. This puts it in the largest 40% of detached houses in Shaftesbury, based on EPC data. The below chart shows the distribution of detached houses by size in Shaftesbury, and where 1 MELBURY WAY lies on this distribution: 61% of detached houses are smaller than 1 MELBURY WAY, and 37% of houses are larger. Note that EPC data is not available for all properties in Shaftesbury.
1 MELBURY WAY sits on a plot of roughly 0.076 of an acre, or 309m². The below map shows the location of 1 MELBURY WAY, 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 1 MELBURY WAY). 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.
1 MELBURY WAY is located in SHAFTESBURY, in the SP7 postcode district. The below map shows the position of No. 1 on MELBURY WAY.