LANTERNS, BURTON STREET, MARNHULL, STURMINSTER NEWTON, DT10 1PS - £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.

LANTERNS is a small detached house of 97m², built sometime between 1967 and 1975, which could now be worth an estimated £446,456. It was last sold for £335,000 in June 2016, which was around 16% below the average June 2016 detached price in the Dorset local authority area. The most recent EPC inspection was April 2015, where the current energy rating was D, and the potential energy rating was C.

LANTERNS Sold Prices

Land registry data shows two sales for LANTERNS 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 LANTERNS 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
2016 30 JUN	£335,000	£396,510	16% below HPI
1999 7 SEP	£120,000	£141,851	15% below HPI

LANTERNS 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 LANTERNS sales from September 1999 and June 2016 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 1999 sale was for 15% below the HPI. So the extrapolation line tracks at 15% below the HPI over time, until the June 2016 sale, where it falls to 16% below the HPI. The line then continues to track at 16% below the HPI.

What might LANTERNS be worth now?

LANTERNS might now be worth an estimated £446,456.

This is based on house price inflation of 33.3%, between June 2016 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 33.3% inflationary increase is applied to the most recent sale price for LANTERNS of £335,000 on 30th June 2016. For the value to have increased from £335,000 to £446,456 over the nine years and four months to February 2025, the following assumptions must hold true:

• The value of LANTERNS has moved in line with the HPI for detached houses in the Dorset local authority area.
• The June 2016 sale price of £335,000 represented a fair market value for the property.
• The size, condition, and specification of LANTERNS has not materially changed since June 2016.

How Large is LANTERNS?

LANTERNS is 97m² according to the EPC inspection conducted in April 2015. This puts it in the smallest 30% of detached houses houses in Marnhull, based on EPC data. The below chart shows the distribution of detached houses houses by size in Marnhull, and where LANTERNS lies on this distribution: 27% of detached houses houses are smaller than LANTERNS, and 71% of houses are larger. Note that EPC data is not available for all properties in Marnhull.

LANTERNS: Plot and Title Map

LANTERNS sits on a plot of roughly 0.162 of an acre, or 655m². The below map shows the location of LANTERNS, 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 LANTERNS). 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 LANTERNS?

LANTERNS is located on BURTON STREET in MARNHULL, in the DT10 postcode district. The below map shows the position of LANTERNS on BURTON STREET.