PATCH COTTAGE, TOWER HILL, IWERNE MINSTER, BLANDFORD FORUM, DT11 8NJ - £655,000

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

PATCH COTTAGE is a very large extended detached house of 241m², built sometime before 1900. It was last sold for £655,000 in October 2014, which was around 81% above the average October 2014 detached price in the Dorset local authority area. The most recent EPC inspection was May 2014, where the current energy rating was D, and the potential energy rating was C.

PATCH COTTAGE Sold Prices

Land registry data shows three sales for PATCH COTTAGE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Dorset local authority area for the corresponding sale date. All of the three PATCH 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
2014 29 OCT	£655,000	£361,876	81% above HPI
2007 15 FEB	£473,800	£317,373	49% above HPI
2005 20 DEC	£467,500	£289,200	62% above HPI

PATCH 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 three PATCH COTTAGE sales between December 2005 and October 2014 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 February 2007 sale was for 49% above the HPI. So the extrapolation line tracks at 49% above the HPI over time, until the October 2014 sale, where it rises to 81% above the HPI. The line then continues to track at 81% above the HPI.

How Large is PATCH COTTAGE?

PATCH COTTAGE is 241m², which includes one extension, according to the EPC inspection conducted in May 2014. This puts it in the largest 10% 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 PATCH COTTAGE lies on this distribution: 94% of detached houses are smaller than PATCH COTTAGE, and 6% of houses are larger. Note that EPC data is not available for all properties in Iwerne Minster.

PATCH COTTAGE: Plot and Title Map

PATCH COTTAGE sits on a plot of roughly 0.329 of an acre, or 1,331m². The below map shows the location of PATCH 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 PATCH 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 PATCH COTTAGE?

PATCH COTTAGE is located on TOWER HILL in IWERNE MINSTER, in the DT11 postcode district. The below map shows the position of PATCH COTTAGE on TOWER HILL.