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
3 DRAKE AVENUE is a very small detached house of 69m², built sometime between 1996 and 2002. It was last sold for £270,000 in April 2017, which was around 33% below the average April 2017 detached price in the Dorset local authority area. The most recent EPC inspection was August 2013, where the current energy rating was D, and the potential energy rating was B.
Land registry data shows five sales for 3 DRAKE AVENUE since 1st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the Dorset local authority area for the corresponding sale date. All of the five 3 DRAKE AVENUE 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 |
---|---|---|---|
2017 10 APR | £270,000 | £405,160 | 33% below HPI |
2016 14 APR | £265,000 | £387,737 | 32% below HPI |
2006 27 SEP | £245,000 | £305,252 | 20% below HPI |
2001 30 MAR | £118,000 | £166,416 | 29% below HPI |
1997 4 MAR | £68,500 | £101,123 | 32% below HPI |
The below graph shows the average detached house price in the Dorset local authority area over time, sourced from the HPI. The five 3 DRAKE AVENUE sales between March 1997 and April 2017 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 April 2016 sale was for 32% below the HPI. So the extrapolation line tracks at 32% below the HPI over time, until the April 2017 sale, where it falls to 33% below the HPI. The line then continues to track at 33% below the HPI.
3 DRAKE AVENUE is 69m² according to the EPC inspection conducted in August 2013. This puts it in the smallest 10% of detached houses in Chickerell, based on EPC data. The below chart shows the distribution of detached houses by size in Chickerell, and where 3 DRAKE AVENUE lies on this distribution: 8% of detached houses are smaller than 3 DRAKE AVENUE, and 92% of houses are larger. Note that EPC data is not available for all properties in Chickerell.
3 DRAKE AVENUE sits on a plot of roughly 0.076 of an acre, or 307m². The below map shows the location of 3 DRAKE AVENUE, 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 3 DRAKE AVENUE). 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.
3 DRAKE AVENUE is located in CHICKERELL, in the DT3 postcode district. The below map shows the position of No. 3 on DRAKE AVENUE.