1, WELL LANE, SHAFTESBURY, SP7 8LP - £367,500

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 WELL LANE is a very small extended detached house of 87m², built sometime before 1900. It was last sold for £367,500 in March 2017, which was around 9% below the average March 2017 detached price in the Dorset local authority area. The most recent EPC inspection was September 2016, where the current energy rating was D, and the potential energy rating was B.

1 WELL LANE Sold Prices

Land registry data shows three sales for 1 WELL LANE since 1^st 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 WELL LANE 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
2017 3 MAR	£367,500	£403,460	9% below HPI
2009 8 MAY	£210,000	£277,535	24% below HPI
1999 18 NOV	£89,950	£142,977	37% below HPI

1 WELL LANE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Dorset local authority area over time, sourced from the HPI. The three 1 WELL LANE sales between November 1999 and March 2017 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 May 2009 sale was for 24% below the HPI. So the extrapolation line tracks at 24% below the HPI over time, until the March 2017 sale, where it rises to 9% below the HPI. The line then continues to track at 9% below the HPI.

How Large is 1 WELL LANE?

1 WELL LANE is 87m², which includes one extension, according to the EPC inspection conducted in September 2016. This puts it in the smallest 20% 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 WELL LANE lies on this distribution: 16% of detached houses are smaller than 1 WELL LANE, and 83% of houses are larger. Note that EPC data is not available for all properties in Shaftesbury.

1 WELL LANE: Plot and Title Map

1 WELL LANE sits on a plot of roughly 0.081 of an acre, or 328m². The below map shows the location of 1 WELL LANE, 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 WELL LANE). 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 1 WELL LANE?

1 WELL LANE is located in SHAFTESBURY, in the SP7 postcode district. The below map shows the position of No. 1 on WELL LANE.