2, WEARE CLOSE, PORTLAND, DT5 1JP - £350,000

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 WEARE CLOSE is a large detached house of 122m², built sometime between 1967 and 1975. It was last sold for £350,000 in June 2021, which was around 22% below the average June 2021 detached price in the Dorset local authority area. The most recent EPC inspection was April 2015, where the current energy rating was D, and the potential energy rating was B.

2 WEARE CLOSE Sold Prices

Land registry data shows two sales for 2 WEARE 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 WEARE 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
2021 24 JUN	£350,000	£450,600	22% below HPI
2018 5 OCT	£285,000	£429,299	34% below HPI

2 WEARE 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 WEARE CLOSE sales from October 2018 and June 2021 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 October 2018 sale was for 34% below the HPI. So the extrapolation line tracks at 34% below the HPI over time, until the June 2021 sale, where it rises to 22% below the HPI. The line then continues to track at 22% below the HPI.

How Large is 2 WEARE CLOSE?

2 WEARE CLOSE is 122m² according to the EPC inspection conducted in April 2015. This puts it in the largest 40% of detached houses in Fortuneswell, based on EPC data. The below chart shows the distribution of detached houses by size in Fortuneswell, and where 2 WEARE CLOSE lies on this distribution: 66% of detached houses are smaller than 2 WEARE CLOSE, and 33% of houses are larger. Note that EPC data is not available for all properties in Fortuneswell.

2 WEARE CLOSE: Plot and Title Map

2 WEARE CLOSE sits on a plot of roughly 0.057 of an acre, or 229m². The below map shows the location of 2 WEARE 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 WEARE 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 WEARE CLOSE?

2 WEARE CLOSE is located in PORTLAND, in the DT5 postcode district. The below map shows the position of No. 2 on WEARE CLOSE.