41, ELM CLOSE, STURMINSTER NEWTON, DT10 1JG - £315,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

41 ELM CLOSE is a very small extended detached house of 46m², built sometime between 1983 and 1990, which could now be worth an estimated £324,219. It was last sold for £315,000 in May 2024, which was around 39% below the average May 2024 detached price in the Dorset local authority area. The most recent EPC inspection was November 2023, where the current energy rating was D, and the potential energy rating was B.

41 ELM CLOSE Sold Prices

Land registry data shows five sales for 41 ELM CLOSE 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 41 ELM CLOSE 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
2024 22 MAY	£315,000	£513,406	39% below HPI
2015 12 MAR	£210,000	£365,480	43% below HPI
2014 24 JAN	£206,000	£345,542	40% below HPI
2006 13 APR	£181,500	£301,026	40% below HPI
2004 30 JUL	£164,000	£287,411	43% below HPI

41 ELM 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 five 41 ELM CLOSE sales between July 2004 and May 2024 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 March 2015 sale was for 43% below the HPI. So the extrapolation line tracks at 43% below the HPI over time, until the May 2024 sale, where it rises to 39% below the HPI. The line then continues to track at 39% below the HPI.

What might 41 ELM CLOSE be worth now?

41 ELM CLOSE might now be worth an estimated £324,219.

This is based on house price inflation of 2.9%, between May 2024 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 2.9% inflationary increase is applied to the most recent sale price for 41 ELM CLOSE of £315,000 on 22nd May 2024. For the value to have increased from £315,000 to £324,219 over the one year and three months to February 2025, the following assumptions must hold true:

• The value of 41 ELM CLOSE has moved in line with the HPI for detached houses in the Dorset local authority area.
• The May 2024 sale price of £315,000 represented a fair market value for the property.
• The size, condition, and specification of 41 ELM CLOSE has not materially changed since May 2024.

How Large is 41 ELM CLOSE?

41 ELM CLOSE is 46m², which includes one extension, according to the EPC inspection conducted in November 2023. This puts it in the smallest 10% of detached houses houses in Sturminster Newton, based on EPC data. The below chart shows the distribution of detached houses houses by size in Sturminster Newton, and where 41 ELM CLOSE lies on this distribution: Less than 1% of detached houses houses are smaller than 41 ELM CLOSE, and more than 99% of houses are larger. Note that EPC data is not available for all properties in Sturminster Newton.

41 ELM CLOSE: Plot and Title Map

41 ELM CLOSE sits on a plot of roughly 0.070 of an acre, or 284m². The below map shows the location of 41 ELM 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 41 ELM 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 41 ELM CLOSE?

41 ELM CLOSE is located in STURMINSTER NEWTON, in the DT10 postcode district. The below map shows the position of No. 41 on ELM CLOSE.