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 SOUTH PARADE is a very large detached house of 156m², built sometime before 1900. It was last sold for £460,000 in November 2023, which was around 12% below the average November 2023 detached price in the Dorset local authority area. The most recent EPC inspection was May 2018, where the current energy rating was F, and the potential energy rating was D.
Land registry data shows two sales for 1 SOUTH PARADE since 1st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Dorset local authority area for the corresponding sale date. Both of the two 1 SOUTH PARADE 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 23 NOV | £460,000 | £519,972 | 12% below HPI |
2021 7 JUL | £331,000 | £445,308 | 26% below HPI |
The below graph shows the average detached house price in the Dorset local authority area over time, sourced from the HPI. The two 1 SOUTH PARADE sales from July 2021 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 July 2021 sale was for 26% below the HPI. So the extrapolation line tracks at 26% below the HPI over time, until the November 2023 sale, where it rises to 12% below the HPI. The line then continues to track at 12% below the HPI.
1 SOUTH PARADE is 156m² according to the EPC inspection conducted in May 2018. This puts it in the largest 20% of detached houses in Weymouth, based on EPC data. The below chart shows the distribution of detached houses by size in Weymouth, and where 1 SOUTH PARADE lies on this distribution: 83% of detached houses are smaller than 1 SOUTH PARADE, and 17% of houses are larger. Note that EPC data is not available for all properties in Weymouth.
1 SOUTH PARADE sits on a plot of roughly 0.022 of an acre, or 89m². The below map shows the location of 1 SOUTH PARADE, 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 SOUTH PARADE). 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 SOUTH PARADE is located in WEYMOUTH, in the DT4 postcode district. The below map shows the position of No. 1 on SOUTH PARADE.