HIGHBANKS, ROMAN ROAD, OSMINGTON, WEYMOUTH, DT3 6ER - £385,000

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.

HIGHBANKS is a very large extended detached house of 244m², built sometime between 1950 and 1966, which could now be worth an estimated £1,176,750. It was last sold for £385,000 in February 2001, which was around 123% above the average February 2001 detached price in the Dorset local authority area. The most recent EPC inspection was July 2022, where the current energy rating was C, and the potential energy rating was B.

HIGHBANKS Sold Prices

Land registry data shows two sales for HIGHBANKS 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 HIGHBANKS 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
2001 19 FEB	£385,000	£172,888	123% above HPI
1995 20 SEP	£102,800	£95,686	7% above HPI

HIGHBANKS 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 HIGHBANKS sales from September 1995 and February 2001 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 1995 sale was for 7% above the HPI. So the extrapolation line tracks at 7% above the HPI over time, until the February 2001 sale, where it rises to 123% above the HPI. The line then continues to track at 123% above the HPI.

What might HIGHBANKS be worth now?

HIGHBANKS might now be worth an estimated £1,176,750.

This is based on house price inflation of 205.6%, between February 2001 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 205.6% inflationary increase is applied to the most recent sale price for HIGHBANKS of £385,000 on 19th February 2001. For the value to have increased from £385,000 to £1,176,750 over the 24 years to February 2025, the following assumptions must hold true:

• The value of HIGHBANKS has moved in line with the HPI for detached houses in the Dorset local authority area.
• The February 2001 sale price of £385,000 represented a fair market value for the property.
• The size, condition, and specification of HIGHBANKS has not materially changed since February 2001.

How Large is HIGHBANKS?

HIGHBANKS is 244m², which includes two extensions, according to the EPC inspection conducted in July 2022. This puts it in the largest 20% of detached houses houses in Osmington, based on EPC data. The below chart shows the distribution of detached houses houses by size in Osmington, and where HIGHBANKS lies on this distribution: 88% of detached houses houses are smaller than HIGHBANKS, and 12% of houses are larger. Note that EPC data is not available for all properties in Osmington.

HIGHBANKS: Plot and Title Map

HIGHBANKS sits on a plot of roughly 0.540 of an acre, or 2,187m². The below map shows the location of HIGHBANKS, 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 HIGHBANKS). 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 HIGHBANKS?

HIGHBANKS is located on ROMAN ROAD in OSMINGTON, in the DT3 postcode district. The below map shows the position of HIGHBANKS on ROMAN ROAD.