3, RED HOUSE CLOSE, MOTCOMBE, SHAFTESBURY, SP7 9LF - £485,000

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 RED HOUSE CLOSE is a very large extended detached house of 195m², built sometime between 1996 and 2002. It was last sold for £485,000 in June 2020, which was around 14% above the average June 2020 detached price in the Dorset local authority area. The most recent EPC inspection was July 2018, where the current energy rating was C, and the potential energy rating was B.

3 RED HOUSE CLOSE Sold Prices

Land registry data shows three sales for 3 RED HOUSE CLOSE since 1^st 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 3 RED HOUSE CLOSE 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
2020 19 JUN	£485,000	£426,618	14% above HPI
1999 22 JAN	£140,000	£127,524	10% above HPI
1997 19 SEP	£134,000	£111,463	20% above HPI

3 RED HOUSE 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 three 3 RED HOUSE CLOSE sales between September 1997 and June 2020 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 1999 sale was for 10% above the HPI. So the extrapolation line tracks at 10% above the HPI over time, until the June 2020 sale, where it rises to 14% above the HPI. The line then continues to track at 14% above the HPI.

How Large is 3 RED HOUSE CLOSE?

3 RED HOUSE CLOSE is 195m², which includes one extension, according to the EPC inspection conducted in July 2018. This puts it in the largest 20% of detached houses in Motcombe, based on EPC data. The below chart shows the distribution of detached houses by size in Motcombe, and where 3 RED HOUSE CLOSE lies on this distribution: 87% of detached houses are smaller than 3 RED HOUSE CLOSE, and 12% of houses are larger. Note that EPC data is not available for all properties in Motcombe.

3 RED HOUSE CLOSE: Plot and Title Map

3 RED HOUSE CLOSE sits on a plot of roughly 0.104 of an acre, or 419m². The below map shows the location of 3 RED HOUSE 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 3 RED HOUSE 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 3 RED HOUSE CLOSE?

3 RED HOUSE CLOSE is located in MOTCOMBE, in the SP7 postcode district. The below map shows the position of No. 3 on RED HOUSE CLOSE.