OLD FORGE COTTAGE, HIGHER STREET, IWERNE MINSTER, BLANDFORD FORUM, DT11 8LX - £520,000

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

OLD FORGE COTTAGE is a small detached house of 107m², built sometime before 1900. It was last sold for £520,000 in October 2017, which was around 22% above the average October 2017 detached price in the Dorset local authority area. The most recent EPC inspection was February 2017, where the current energy rating was F, and the potential energy rating was D.

OLD FORGE COTTAGE Sold Prices

Land registry data shows five sales for OLD FORGE COTTAGE since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the Dorset local authority area for the corresponding sale date. Most of the five OLD FORGE COTTAGE 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
2017 13 OCT	£520,000	£425,402	22% above HPI
2006 28 JUL	£385,000	£303,001	27% above HPI
2005 12 OCT	£310,000	£292,587	6% above HPI
2003 8 OCT	£305,000	£257,748	18% above HPI
2003 28 MAR	£145,000	£241,631	40% below HPI

OLD FORGE 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 five OLD FORGE COTTAGE sales between March 2003 and October 2017 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 July 2006 sale was for 27% above the HPI. So the extrapolation line tracks at 27% above the HPI over time, until the October 2017 sale, where it falls to 22% above the HPI. The line then continues to track at 22% above the HPI.

How Large is OLD FORGE COTTAGE?

OLD FORGE COTTAGE is 107m² according to the EPC inspection conducted in February 2017. This puts it in the smallest 30% of detached houses in Iwerne Minster, based on EPC data. The below chart shows the distribution of detached houses by size in Iwerne Minster, and where OLD FORGE COTTAGE lies on this distribution: 29% of detached houses are smaller than OLD FORGE COTTAGE, and 71% of houses are larger. Note that EPC data is not available for all properties in Iwerne Minster.

OLD FORGE COTTAGE: Plot and Title Map

OLD FORGE COTTAGE sits on a plot of roughly 0.163 of an acre, or 660m². The below map shows the location of OLD FORGE 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 OLD FORGE 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 OLD FORGE COTTAGE?

OLD FORGE COTTAGE is located on HIGHER STREET in IWERNE MINSTER, in the DT11 postcode district. The below map shows the position of OLD FORGE COTTAGE on HIGHER STREET.