12, NEW ROAD, PORTLAND, DT5 1LE - £154,000

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

12 NEW ROAD is a midsized detached house of 114m², built sometime between 1930 and 1949. It was last sold for £154,000 in July 2002, which was around 28% below the average July 2002 detached price in the Dorset local authority area. The most recent EPC inspection was May 2014, where the current energy rating was E, and the potential energy rating was C.

12 NEW ROAD Sold Prices

Land registry data shows three sales for 12 NEW ROAD 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 12 NEW ROAD 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
2002 12 JUL	£154,000	£213,808	28% below HPI
1999 5 FEB	£94,000	£126,373	26% below HPI
1997 9 JUN	£77,000	£106,389	28% below HPI

12 NEW ROAD 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 12 NEW ROAD sales between June 1997 and July 2002 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 February 1999 sale was for 26% below the HPI. So the extrapolation line tracks at 26% below the HPI over time, until the July 2002 sale, where it falls to 28% below the HPI. The line then continues to track at 28% below the HPI.

How Large is 12 NEW ROAD?

12 NEW ROAD is 114m² according to the EPC inspection conducted in May 2014. This puts it in the largest 50% of detached houses in Fortuneswell, based on EPC data. The below chart shows the distribution of detached houses by size in Fortuneswell, and where 12 NEW ROAD lies on this distribution: 55% of detached houses are smaller than 12 NEW ROAD, and 44% of houses are larger. Note that EPC data is not available for all properties in Fortuneswell.

12 NEW ROAD: Plot and Title Map

12 NEW ROAD sits on a plot of roughly 0.101 of an acre, or 410m². The below map shows the location of 12 NEW ROAD, 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 12 NEW ROAD). 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 12 NEW ROAD?

12 NEW ROAD is located in PORTLAND, in the DT5 postcode district. The below map shows the position of No. 12 on NEW ROAD.