OLD READING ROOM, BLANDFORD ROAD, SHILLINGSTONE, BLANDFORD FORUM, DT11 0SF - £380,000

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.

OLD READING ROOM is a small detached house of 120m², built sometime before 1900, which could now be worth an estimated £461,738. It was last sold for £380,000 in August 2020, which was around 13% below the average August 2020 detached price in the Dorset local authority area. The most recent EPC inspection was December 2019, where the current energy rating was D, and the potential energy rating was C.

OLD READING ROOM Sold Prices

Land registry data shows seven sales for OLD READING ROOM since 1^st January 1995. The below table shows the price paid for the seven sales, along with the average detached price in the Dorset local authority area for the corresponding sale date. Most of the seven OLD READING ROOM 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 14 AUG	£380,000	£434,887	13% below HPI
2016 20 JUN	£315,000	£396,510	21% below HPI
2009 23 MAR	£240,000	£287,630	17% below HPI
2006 15 JUN	£245,000	£309,877	21% below HPI
2004 31 JUL	£245,500	£287,411	15% below HPI
2003 21 NOV	£249,950	£267,693	7% below HPI
1999 10 DEC	£157,000	£150,368	4% above HPI

OLD READING ROOM 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 seven OLD READING ROOM sales between December 1999 and August 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 June 2016 sale was for 21% below the HPI. So the extrapolation line tracks at 21% below the HPI over time, until the August 2020 sale, where it rises to 13% below the HPI. The line then continues to track at 13% below the HPI.

What might OLD READING ROOM be worth now?

OLD READING ROOM might now be worth an estimated £461,738.

This is based on house price inflation of 21.5%, between August 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 21.5% inflationary increase is applied to the most recent sale price for OLD READING ROOM of £380,000 on 14th August 2020. For the value to have increased from £380,000 to £461,738 over the five years and six months to February 2025, the following assumptions must hold true:

• The value of OLD READING ROOM has moved in line with the HPI for detached houses in the Dorset local authority area.
• The August 2020 sale price of £380,000 represented a fair market value for the property.
• The size, condition, and specification of OLD READING ROOM has not materially changed since August 2020.

How Large is OLD READING ROOM?

OLD READING ROOM is 120m² according to the EPC inspection conducted in December 2019. This puts it in the smallest 40% of detached houses houses in Shillingstone, based on EPC data. The below chart shows the distribution of detached houses houses by size in Shillingstone, and where OLD READING ROOM lies on this distribution: 40% of detached houses houses are smaller than OLD READING ROOM, and 59% of houses are larger. Note that EPC data is not available for all properties in Shillingstone.

OLD READING ROOM: Plot and Title Map

OLD READING ROOM sits on a plot of roughly 0.124 of an acre, or 503m². The below map shows the location of OLD READING ROOM, 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 READING ROOM). 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 READING ROOM?

OLD READING ROOM is located on BLANDFORD ROAD in SHILLINGSTONE, in the DT11 postcode district. The below map shows the position of OLD READING ROOM on BLANDFORD ROAD.