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

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.

PATCH COTTAGE is a very large extended detached house of 241m², built sometime before 1900, which could now be worth an estimated £927,579. It was last sold for £655,000 in October 2014, which was around 76% 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	£373,146	76% above HPI
2007 15 FEB	£473,800	£327,258	45% above HPI
2005 20 DEC	£467,500	£298,207	57% 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 45% above the HPI. So the extrapolation line tracks at 45% above the HPI over time, until the October 2014 sale, where it rises to 76% above the HPI. The line then continues to track at 76% above the HPI.

What might PATCH COTTAGE be worth now?

PATCH COTTAGE might now be worth an estimated £927,579.

This is based on house price inflation of 41.6%, between October 2014 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 41.6% inflationary increase is applied to the most recent sale price for PATCH COTTAGE of £655,000 on 29th October 2014. For the value to have increased from £655,000 to £927,579 over the eleven years and eight months to February 2025, the following assumptions must hold true:

• The value of PATCH COTTAGE has moved in line with the HPI for detached houses in the Dorset local authority area.
• The October 2014 sale price of £655,000 represented a fair market value for the property.
• The size, condition, and specification of PATCH COTTAGE has not materially changed since October 2014.

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 houses in Iwerne Minster, based on EPC data. The below chart shows the distribution of detached houses houses by size in Iwerne Minster, and where PATCH COTTAGE lies on this distribution: 94% of detached houses 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.