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
25 WELL LANE is a very large extended detached house of 171m², built sometime between 1950 and 1966. It was last sold for £485,000 in May 2007, which was around 50% above the average May 2007 detached price in the Dorset local authority area. The most recent EPC inspection was September 2011, where the current energy rating was D, and the potential energy rating was D.
Land registry data shows three sales for 25 WELL LANE since 1st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Dorset local authority area for the corresponding sale date. All of the three 25 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 |
---|---|---|---|
2007 18 MAY | £485,000 | £323,449 | 50% above HPI |
2004 23 JAN | £325,000 | £263,017 | 24% above HPI |
1996 14 AUG | £132,500 | £96,356 | 38% above HPI |
The below graph shows the average detached house price in the Dorset local authority area over time, sourced from the HPI. The three 25 WELL LANE sales between August 1996 and May 2007 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 2004 sale was for 24% above the HPI. So the extrapolation line tracks at 24% above the HPI over time, until the May 2007 sale, where it rises to 50% above the HPI. The line then continues to track at 50% above the HPI.
25 WELL LANE is 171m², which includes one extension, according to the EPC inspection conducted in September 2011. This puts it in the largest 20% of detached houses in Shaftesbury, based on EPC data. The below chart shows the distribution of detached houses by size in Shaftesbury, and where 25 WELL LANE lies on this distribution: 85% of detached houses are smaller than 25 WELL LANE, and 15% of houses are larger. Note that EPC data is not available for all properties in Shaftesbury.
25 WELL LANE sits on a plot of roughly 0.607 of an acre, or 2,455m². The below map shows the location of 25 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 25 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.
25 WELL LANE is located in SHAFTESBURY, in the SP7 postcode district. The below map shows the position of No. 25 on WELL LANE.