2, REEDLING CLOSE, WEYMOUTH, DT3 5RX - £242,500

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

2 REEDLING CLOSE is a very small extended detached house of 84m², built sometime between 1983 and 1990. It was last sold for £242,500 in May 2015, which was around 33% below the average May 2015 detached price in the Dorset local authority area. The most recent EPC inspection was November 2014, where the current energy rating was D, and the potential energy rating was B.

2 REEDLING CLOSE Sold Prices

Land registry data shows two sales for 2 REEDLING CLOSE 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 2 REEDLING CLOSE 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
2015 27 MAY	£242,500	£359,413	33% below HPI
2001 14 SEP	£129,000	£185,569	30% below HPI

2 REEDLING CLOSE 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 2 REEDLING CLOSE sales from September 2001 and May 2015 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 September 2001 sale was for 30% below the HPI. So the extrapolation line tracks at 30% below the HPI over time, until the May 2015 sale, where it falls to 33% below the HPI. The line then continues to track at 33% below the HPI.

How Large is 2 REEDLING CLOSE?

2 REEDLING CLOSE is 84m², which includes one extension, according to the EPC inspection conducted in November 2014. This puts it in the smallest 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 2 REEDLING CLOSE lies on this distribution: 19% of detached houses are smaller than 2 REEDLING CLOSE, and 80% of houses are larger. Note that EPC data is not available for all properties in Weymouth.

2 REEDLING CLOSE: Plot and Title Map

2 REEDLING CLOSE sits on a plot of roughly 0.053 of an acre, or 215m². The below map shows the location of 2 REEDLING CLOSE, 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 REEDLING CLOSE). 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 REEDLING CLOSE?

2 REEDLING CLOSE is located in WEYMOUTH, in the DT3 postcode district. The below map shows the position of No. 2 on REEDLING CLOSE.