3, MARKSMEAD, DRIMPTON, BEAMINSTER, DT8 3RZ - £365,000

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

3 MARKSMEAD is a small detached house of 101m², built sometime between 2003 and 2006. It was last sold for £365,000 in February 2022, which was around 27% below the average February 2022 detached price in the Dorset local authority area. The most recent EPC inspection was June 2021, where the current energy rating was C, and the potential energy rating was B.

3 MARKSMEAD Sold Prices

Land registry data shows five sales for 3 MARKSMEAD since 1^st 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 MARKSMEAD 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 4 FEB	£365,000	£497,958	27% below HPI
2021 30 SEP	£335,000	£461,034	27% below HPI
2015 7 AUG	£244,000	£367,648	34% below HPI
2009 12 JUN	£235,000	£283,472	17% below HPI
2004 23 SEP	£220,000	£283,859	22% below HPI

3 MARKSMEAD 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 five 3 MARKSMEAD sales between September 2004 and February 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 September 2021 sale was for 27% below the HPI. So the extrapolation line tracks at 27% below the HPI over time, until the February 2022 sale, which was also at 27% below the HPI.

How Large is 3 MARKSMEAD?

3 MARKSMEAD is 101m² according to the EPC inspection conducted in June 2021. This puts it in the smallest 30% of detached houses in Drimpton, based on EPC data. The below chart shows the distribution of detached houses by size in Drimpton, and where 3 MARKSMEAD lies on this distribution: 28% of detached houses are smaller than 3 MARKSMEAD, and 70% of houses are larger. Note that EPC data is not available for all properties in Drimpton.

3 MARKSMEAD: Plot and Title Map

3 MARKSMEAD sits on a plot of roughly 0.044 of an acre, or 176m². The below map shows the location of 3 MARKSMEAD, 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 MARKSMEAD). 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 3 MARKSMEAD?

3 MARKSMEAD is located in DRIMPTON, in the DT8 postcode district. The below map shows the position of No. 3 on MARKSMEAD.