12B, WELL LANE, SHAFTESBURY, SP7 8LP - £385,000

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

12B WELL LANE is a very large detached house of 267m². It was last sold for £385,000 in April 2003, which was around 57% above the average April 2003 detached price in the Dorset local authority area. The most recent EPC inspection was May 2017, where the current energy rating was B, and the potential energy rating was B.

12B WELL LANE Sold Prices

Land registry data shows two sales for 12B WELL LANE since 1^st 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 12B WELL LANE sales were for above 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
2003 25 APR	£385,000	£244,667	57% above HPI
1996 26 MAR	£161,000	£92,865	73% above HPI

12B 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 two 12B WELL LANE sales from March 1996 and April 2003 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 March 1996 sale was for 73% above the HPI. So the extrapolation line tracks at 73% above the HPI over time, until the April 2003 sale, where it falls to 57% above the HPI. The line then continues to track at 57% above the HPI.

How Large is 12B WELL LANE?

12B WELL LANE is 267m² according to the EPC inspection conducted in May 2017. This puts it in the largest 10% of detached houses in Shaftesbury, based on EPC data. The below chart shows the distribution of detached houses by size in Shaftesbury, and where 12B WELL LANE lies on this distribution: 97% of detached houses are smaller than 12B WELL LANE, and 3% of houses are larger. Note that EPC data is not available for all properties in Shaftesbury.

12B WELL LANE: Plot and Title Map

12B WELL LANE sits on a plot of roughly 0.316 of an acre, or 1,280m². The below map shows the location of 12B 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 12B 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 12B WELL LANE?

12B WELL LANE is located in SHAFTESBURY, in the SP7 postcode district. The below map shows the position of No. 12B on WELL LANE.