2, MELBURY WAY, SHAFTESBURY, SP7 8SN - £325,000

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

2 MELBURY WAY is a small detached house of 108m², built sometime between 1996 and 2002. It was last sold for £325,000 in November 2016, which was around 19% below the average November 2016 detached price in the Dorset local authority area. The most recent EPC inspection was April 2010, where the current energy rating was C, and the potential energy rating was C.

2 MELBURY WAY Sold Prices

Land registry data shows four sales for 2 MELBURY WAY since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Dorset local authority area for the corresponding sale date. All of the four 2 MELBURY WAY 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
2016 24 NOV	£325,000	£400,120	19% below HPI
2008 11 JAN	£295,000	£342,629	14% below HPI
2002 5 SEP	£225,000	£226,168	1% below HPI
2000 25 FEB	£138,500	£148,299	7% below HPI

2 MELBURY WAY 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 four 2 MELBURY WAY sales between February 2000 and November 2016 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 January 2008 sale was for 14% below the HPI. So the extrapolation line tracks at 14% below the HPI over time, until the November 2016 sale, where it falls to 19% below the HPI. The line then continues to track at 19% below the HPI.

How Large is 2 MELBURY WAY?

2 MELBURY WAY is 108m² according to the EPC inspection conducted in April 2010. This puts it in the smallest 40% of detached houses in Shaftesbury, based on EPC data. The below chart shows the distribution of detached houses by size in Shaftesbury, and where 2 MELBURY WAY lies on this distribution: 39% of detached houses are smaller than 2 MELBURY WAY, and 61% of houses are larger. Note that EPC data is not available for all properties in Shaftesbury.

2 MELBURY WAY: Plot and Title Map

2 MELBURY WAY sits on a plot of roughly 0.074 of an acre, or 301m². The below map shows the location of 2 MELBURY WAY, 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 2 MELBURY WAY). 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 2 MELBURY WAY?

2 MELBURY WAY is located in SHAFTESBURY, in the SP7 postcode district. The below map shows the position of No. 2 on MELBURY WAY.