PAYNES PLACE HOUSE, NEW ROAD, SHAFTESBURY, SP7 8QL - £1,200,000

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.

PAYNES PLACE HOUSE is a very large detached house of 458m², built sometime before 1900, which could now be worth an estimated £1,198,990. It was last sold for £1,200,000 in July 2023, which was around 127% above the average July 2023 detached price in the Dorset local authority area. The most recent EPC inspection was December 2014, where the current energy rating was E, and the potential energy rating was C.

PAYNES PLACE HOUSE Sold Prices

Land registry data shows three sales for PAYNES PLACE HOUSE 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 PAYNES PLACE HOUSE 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
2023 7 JUL	£1,200,000	£528,876	127% above HPI
2015 17 JUN	£885,000	£374,689	136% above HPI
1999 3 DEC	£343,000	£150,368	128% above HPI

PAYNES PLACE HOUSE 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 PAYNES PLACE HOUSE sales between December 1999 and July 2023 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 2015 sale was for 136% above the HPI. So the extrapolation line tracks at 136% above the HPI over time, until the July 2023 sale, where it falls to 127% above the HPI. The line then continues to track at 127% above the HPI.

What might PAYNES PLACE HOUSE be worth now?

PAYNES PLACE HOUSE might now be worth an estimated £1,198,990.

This is based on house price deflation of 0.1%, between July 2023 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 0.1% deflationary decrease is applied to the most recent sale price for PAYNES PLACE HOUSE of £1,200,000 on 7th July 2023. For the value to have decreased from £1,200,000 to £1,198,990 over the two years and five months to February 2025, the following assumptions must hold true:

• The value of PAYNES PLACE HOUSE has moved in line with the HPI for detached houses in the Dorset local authority area.
• The July 2023 sale price of £1,200,000 represented a fair market value for the property.
• The size, condition, and specification of PAYNES PLACE HOUSE has not materially changed since July 2023.

How Large is PAYNES PLACE HOUSE?

PAYNES PLACE HOUSE is 458m² according to the EPC inspection conducted in December 2014. This puts it in the largest 10% of detached houses houses in Shaftesbury, based on EPC data. The below chart shows the distribution of detached houses houses by size in Shaftesbury, and where PAYNES PLACE HOUSE lies on this distribution: 99% of detached houses houses are smaller than PAYNES PLACE HOUSE, and 1% of houses are larger. Note that EPC data is not available for all properties in Shaftesbury.

PAYNES PLACE HOUSE: Plot and Title Map

PAYNES PLACE HOUSE sits on a plot of roughly 0.801 of an acre, or 3,241m². The below map shows the location of PAYNES PLACE HOUSE, 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 PAYNES PLACE HOUSE). 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 PAYNES PLACE HOUSE?

PAYNES PLACE HOUSE is located on NEW ROAD in SHAFTESBURY, in the SP7 postcode district. The below map shows the position of PAYNES PLACE HOUSE on NEW ROAD.