DRAEMA, CHARD ROAD, DRIMPTON, BEAMINSTER, DT8 3RF - £535,000

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

DRAEMA is a large extended detached house of 132m², built sometime between 1967 and 1975. It was last sold for £535,000 in October 2022, which was around 1% below the average October 2022 detached price in the Dorset local authority area. The most recent EPC inspection was June 2022, where the current energy rating was D, and the potential energy rating was C.

DRAEMA Sold Prices

Land registry data shows three sales for DRAEMA 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 DRAEMA 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 18 OCT	£535,000	£540,021	1% below HPI
2021 14 MAY	£415,000	£443,911	7% below HPI
2016 16 DEC	£331,000	£398,160	17% below HPI

DRAEMA 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 DRAEMA sales between December 2016 and October 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 May 2021 sale was for 7% below the HPI. So the extrapolation line tracks at 7% below the HPI over time, until the October 2022 sale, where it rises to 1% below the HPI. The line then continues to track at 1% below the HPI.

How Large is DRAEMA?

DRAEMA is 132m², which includes one extension, according to the EPC inspection conducted in June 2022. This puts it in the largest 40% of detached houses in Drimpton, based on EPC data. The below chart shows the distribution of detached houses by size in Drimpton, and where DRAEMA lies on this distribution: 63% of detached houses are smaller than DRAEMA, and 37% of houses are larger. Note that EPC data is not available for all properties in Drimpton.

DRAEMA: Plot and Title Map

DRAEMA sits on a plot of roughly 0.156 of an acre, or 633m². The below map shows the location of DRAEMA, 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 DRAEMA). 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 DRAEMA?

DRAEMA is located on CHARD ROAD in DRIMPTON, in the DT8 postcode district. The below map shows the position of DRAEMA on CHARD ROAD.