MERLINS, CASTLE AVENUE, OKEFORD FITZPAINE, BLANDFORD FORUM, DT11 0RY - £417,500

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.

MERLINS is a midsized extended detached house of 119m², built sometime between 1976 and 1982, which could now be worth an estimated £495,041. It was last sold for £417,500 in October 2020, which was around 6% below the average October 2020 detached price in the Dorset local authority area. The most recent EPC inspection was March 2017, where the current energy rating was D, and the potential energy rating was C.

MERLINS Sold Prices

Land registry data shows two sales for MERLINS 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 MERLINS 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
2020 30 OCT	£417,500	£445,660	6% below HPI
2017 11 DEC	£382,500	£437,137	12% below HPI

MERLINS 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 MERLINS sales from December 2017 and October 2020 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 December 2017 sale was for 12% below the HPI. So the extrapolation line tracks at 12% below the HPI over time, until the October 2020 sale, where it rises to 6% below the HPI. The line then continues to track at 6% below the HPI.

What might MERLINS be worth now?

MERLINS might now be worth an estimated £495,041.

This is based on house price inflation of 18.6%, between October 2020 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 18.6% inflationary increase is applied to the most recent sale price for MERLINS of £417,500 on 30th October 2020. For the value to have increased from £417,500 to £495,041 over the five years and eight months to February 2025, the following assumptions must hold true:

• The value of MERLINS has moved in line with the HPI for detached houses in the Dorset local authority area.
• The October 2020 sale price of £417,500 represented a fair market value for the property.
• The size, condition, and specification of MERLINS has not materially changed since October 2020.

How Large is MERLINS?

MERLINS is 119m², which includes one extension, according to the EPC inspection conducted in March 2017. This puts it in the smallest 50% of detached houses houses in Okeford Fitzpaine, based on EPC data. The below chart shows the distribution of detached houses houses by size in Okeford Fitzpaine, and where MERLINS lies on this distribution: 44% of detached houses houses are smaller than MERLINS, and 56% of houses are larger. Note that EPC data is not available for all properties in Okeford Fitzpaine.

MERLINS: Plot and Title Map

MERLINS sits on a plot of roughly 0.118 of an acre, or 476m². The below map shows the location of MERLINS, 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 MERLINS). 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 MERLINS?

MERLINS is located on CASTLE AVENUE in OKEFORD FITZPAINE, in the DT11 postcode district. The below map shows the position of MERLINS on CASTLE AVENUE.