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
1 MERINO WAY is a very small detached house of 75m², built sometime between 1967 and 1975. It was last sold for £400,000 in April 2022, which was around 21% below the average April 2022 detached price in the Dorset local authority area. The most recent EPC inspection was January 2022, where the current energy rating was D, and the potential energy rating was B.
Land registry data shows three sales for 1 MERINO 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 MERINO 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 |
---|---|---|---|
2022 29 APR | £400,000 | £509,279 | 21% below HPI |
2005 1 AUG | £216,500 | £286,356 | 24% below HPI |
1997 31 OCT | £94,950 | £112,385 | 16% 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 MERINO WAY sales between October 1997 and April 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 August 2005 sale was for 24% below the HPI. So the extrapolation line tracks at 24% below the HPI over time, until the April 2022 sale, where it rises to 21% below the HPI. The line then continues to track at 21% below the HPI.
1 MERINO WAY is 75m² according to the EPC inspection conducted in January 2022. This puts it in the smallest 20% of detached houses in West Moors, based on EPC data. The below chart shows the distribution of detached houses by size in West Moors, and where 1 MERINO WAY lies on this distribution: 14% of detached houses are smaller than 1 MERINO WAY, and 84% of houses are larger. Note that EPC data is not available for all properties in West Moors.
1 MERINO WAY sits on a plot of roughly 0.072 of an acre, or 290m². The below map shows the location of 1 MERINO 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 MERINO 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 MERINO WAY is located in WEST MOORS, in the BH22 postcode district. The below map shows the position of No. 1 on MERINO WAY.