CHERRY BANKS, STATION ROAD, STALBRIDGE, STURMINSTER NEWTON, DT10 2RG - £335,000

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.

CHERRY BANKS is a large extended detached house of 133m², built sometime between 1983 and 1990, which could now be worth an estimated £413,245. It was last sold for £335,000 in August 2019, which was around 22% below the average August 2019 detached price in the Dorset local authority area. The most recent EPC inspection was May 2013, where the current energy rating was D, and the potential energy rating was C.

CHERRY BANKS Sold Prices

Land registry data shows five sales for CHERRY BANKS 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 CHERRY BANKS 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
2019 21 AUG	£335,000	£428,376	22% below HPI
2016 20 MAY	£330,000	£400,319	18% below HPI
2014 24 JUN	£320,000	£353,785	10% below HPI
2003 3 JAN	£215,000	£248,348	13% below HPI
2001 9 JUL	£156,500	£185,965	16% below HPI

CHERRY BANKS 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 CHERRY BANKS sales between July 2001 and August 2019 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 May 2016 sale was for 18% below the HPI. So the extrapolation line tracks at 18% below the HPI over time, until the August 2019 sale, where it falls to 22% below the HPI. The line then continues to track at 22% below the HPI.

What might CHERRY BANKS be worth now?

CHERRY BANKS might now be worth an estimated £413,245.

This is based on house price inflation of 23.4%, between August 2019 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 23.4% inflationary increase is applied to the most recent sale price for CHERRY BANKS of £335,000 on 21st August 2019. For the value to have increased from £335,000 to £413,245 over the six years and six months to February 2025, the following assumptions must hold true:

• The value of CHERRY BANKS has moved in line with the HPI for detached houses in the Dorset local authority area.
• The August 2019 sale price of £335,000 represented a fair market value for the property.
• The size, condition, and specification of CHERRY BANKS has not materially changed since August 2019.

How Large is CHERRY BANKS?

CHERRY BANKS is 133m², which includes one extension, according to the EPC inspection conducted in May 2013. This puts it in the largest 30% of detached houses houses in Stalbridge, based on EPC data. The below chart shows the distribution of detached houses houses by size in Stalbridge, and where CHERRY BANKS lies on this distribution: 70% of detached houses houses are smaller than CHERRY BANKS, and 29% of houses are larger. Note that EPC data is not available for all properties in Stalbridge.

CHERRY BANKS: Plot and Title Map

CHERRY BANKS sits on a plot of roughly 0.130 of an acre, or 528m². The below map shows the location of CHERRY BANKS, 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 CHERRY BANKS). 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 CHERRY BANKS?

CHERRY BANKS is located on STATION ROAD in STALBRIDGE, in the DT10 postcode district. The below map shows the position of CHERRY BANKS on STATION ROAD.