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 RIP CROFT is a large detached house of 110m², built sometime between 1976 and 1982. It was last sold for £285,000 in March 2015, which was around 20% below the average March 2015 detached price in the Dorset local authority area. The most recent EPC inspection was April 2010, where the current energy rating was D, and the potential energy rating was C.
Land registry data shows three sales for 1 RIP CROFT 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 RIP CROFT 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 |
---|---|---|---|
2015 23 MAR | £285,000 | £354,441 | 20% below HPI |
2006 24 NOV | £260,000 | £307,725 | 16% below HPI |
2005 1 APR | £217,000 | £282,952 | 23% 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 RIP CROFT sales between April 2005 and March 2015 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 2006 sale was for 16% below the HPI. So the extrapolation line tracks at 16% below the HPI over time, until the March 2015 sale, where it falls to 20% below the HPI. The line then continues to track at 20% below the HPI.
1 RIP CROFT is 110m² according to the EPC inspection conducted in April 2010. This puts it in the largest 40% of detached houses in Southwell, based on EPC data. The below chart shows the distribution of detached houses by size in Southwell, and where 1 RIP CROFT lies on this distribution: 62% of detached houses are smaller than 1 RIP CROFT, and 38% of houses are larger. Note that EPC data is not available for all properties in Southwell.
1 RIP CROFT sits on a plot of roughly 0.117 of an acre, or 475m². The below map shows the location of 1 RIP CROFT, 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 RIP CROFT). 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 RIP CROFT is located in PORTLAND, in the DT5 postcode district. The below map shows the position of No. 1 on RIP CROFT.