23, LOWER WAY, CHICKERELL, WEYMOUTH, DT3 4AP - £295,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

23 LOWER WAY is a very small detached house of 61m², built sometime between 1950 and 1966, which could now be worth an estimated £282,232. It was last sold for £295,000 in September 2022, which was around 47% below the average September 2022 detached price in the Dorset local authority area. The most recent EPC inspection was October 2014, where the current energy rating was C, and the potential energy rating was B.

23 LOWER WAY Sold Prices

Land registry data shows four sales for 23 LOWER 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 23 LOWER 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
2022 30 SEP	£295,000	£552,336	47% below HPI
2015 9 JUN	£188,000	£374,689	50% below HPI
2007 13 AUG	£237,500	£343,165	31% below HPI
1998 30 APR	£82,500	£117,929	30% below HPI

23 LOWER 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 23 LOWER WAY sales between April 1998 and September 2022 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 June 2015 sale was for 50% below the HPI. So the extrapolation line tracks at 50% below the HPI over time, until the September 2022 sale, where it rises to 47% below the HPI. The line then continues to track at 47% below the HPI.

What might 23 LOWER WAY be worth now?

23 LOWER WAY might now be worth an estimated £282,232.

This is based on house price deflation of 4.3%, between September 2022 and February 2025, for detached houses, in the Dorset local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 4.3% deflationary decrease is applied to the most recent sale price for 23 LOWER WAY of £295,000 on 30th September 2022. For the value to have decreased from £295,000 to £282,232 over the three years and seven months to February 2025, the following assumptions must hold true:

• The value of 23 LOWER WAY has moved in line with the HPI for detached houses in the Dorset local authority area.
• The September 2022 sale price of £295,000 represented a fair market value for the property.
• The size, condition, and specification of 23 LOWER WAY has not materially changed since September 2022.

How Large is 23 LOWER WAY?

23 LOWER WAY is 61m² according to the EPC inspection conducted in October 2014. This puts it in the smallest 10% of detached houses houses in Chickerell, based on EPC data. The below chart shows the distribution of detached houses houses by size in Chickerell, and where 23 LOWER WAY lies on this distribution: 5% of detached houses houses are smaller than 23 LOWER WAY, and 95% of houses are larger. Note that EPC data is not available for all properties in Chickerell.

23 LOWER WAY: Plot and Title Map

23 LOWER WAY sits on a plot of roughly 0.068 of an acre, or 274m². The below map shows the location of 23 LOWER 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 23 LOWER 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 23 LOWER WAY?

23 LOWER WAY is located in CHICKERELL, in the DT3 postcode district. The below map shows the position of No. 23 on LOWER WAY.