BOWER HOUSE, WATERY LANE, IWERNE MINSTER, BLANDFORD FORUM, DT11 8NB - £885,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

BOWER HOUSE is a very large extended detached house of 305m², built sometime between 1950 and 1966, which could now be worth an estimated £1,015,410. It was last sold for £885,000 in November 2020, which was around 92% above the average November 2020 detached price in the Dorset local authority area. The most recent EPC inspection was February 2020, where the current energy rating was D, and the potential energy rating was C.

BOWER HOUSE Sold Prices

Land registry data shows two sales for BOWER HOUSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Dorset local authority area for the corresponding sale date. Both of the two BOWER HOUSE 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 12 NOV	£885,000	£460,564	92% above HPI
2008 21 JUL	£422,500	£332,909	27% above HPI

BOWER HOUSE 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 two BOWER HOUSE sales from July 2008 and November 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 July 2008 sale was for 27% above the HPI. So the extrapolation line tracks at 27% above the HPI over time, until the November 2020 sale, where it rises to 92% above the HPI. The line then continues to track at 92% above the HPI.

What might BOWER HOUSE be worth now?

BOWER HOUSE might now be worth an estimated £1,015,410.

This is based on house price inflation of 14.7%, between November 2020 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 14.7% inflationary increase is applied to the most recent sale price for BOWER HOUSE of £885,000 on 12th November 2020. For the value to have increased from £885,000 to £1,015,410 over the five years and nine months to February 2025, the following assumptions must hold true:

• The value of BOWER HOUSE has moved in line with the HPI for detached houses in the Dorset local authority area.
• The November 2020 sale price of £885,000 represented a fair market value for the property.
• The size, condition, and specification of BOWER HOUSE has not materially changed since November 2020.

How Large is BOWER HOUSE?

BOWER HOUSE is 305m², which includes four extensions, according to the EPC inspection conducted in February 2020. This puts it in the largest 10% of detached houses houses in Iwerne Minster, based on EPC data. The below chart shows the distribution of detached houses houses by size in Iwerne Minster, and where BOWER HOUSE lies on this distribution: More than 99% of detached houses houses are smaller than BOWER HOUSE, and less than 1% of houses are larger. Note that EPC data is not available for all properties in Iwerne Minster.

BOWER HOUSE: Plot and Title Map

BOWER HOUSE sits on a plot of roughly 0.316 of an acre, or 1,280m². The below map shows the location of BOWER HOUSE, 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 BOWER HOUSE). 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 BOWER HOUSE?

BOWER HOUSE is located on WATERY LANE in IWERNE MINSTER, in the DT11 postcode district. The below map shows the position of BOWER HOUSE on WATERY LANE.