FERNLEA COTTAGE, MILL STREET, FONTMELL MAGNA, SHAFTESBURY, SP7 0NU - £470,000

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

FERNLEA COTTAGE is a midsized extended detached house of 123m², built sometime before 1900. It was last sold for £470,000 in May 2022, which was around 8% below the average May 2022 detached price in the Dorset local authority area. The most recent EPC inspection was March 2020, where the current energy rating was E, and the potential energy rating was D.

FERNLEA COTTAGE Sold Prices

Land registry data shows two sales for FERNLEA COTTAGE 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 FERNLEA COTTAGE 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 17 MAY	£470,000	£513,108	8% below HPI
2017 8 SEP	£350,000	£422,819	17% below HPI

FERNLEA COTTAGE 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 FERNLEA COTTAGE sales from September 2017 and May 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 September 2017 sale was for 17% below the HPI. So the extrapolation line tracks at 17% below the HPI over time, until the May 2022 sale, where it rises to 8% below the HPI. The line then continues to track at 8% below the HPI.

How Large is FERNLEA COTTAGE?

FERNLEA COTTAGE is 123m², which includes two extensions, according to the EPC inspection conducted in March 2020. This puts it in the smallest 50% of detached houses in Fontmell Magna, based on EPC data. The below chart shows the distribution of detached houses by size in Fontmell Magna, and where FERNLEA COTTAGE lies on this distribution: 44% of detached houses are smaller than FERNLEA COTTAGE, and 54% of houses are larger. Note that EPC data is not available for all properties in Fontmell Magna.

FERNLEA COTTAGE: Plot and Title Map

FERNLEA COTTAGE sits on a plot of roughly 0.204 of an acre, or 825m². The below map shows the location of FERNLEA COTTAGE, 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 FERNLEA COTTAGE). 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 FERNLEA COTTAGE?

FERNLEA COTTAGE is located on MILL STREET in FONTMELL MAGNA, in the SP7 postcode district. The below map shows the position of FERNLEA COTTAGE on MILL STREET.