PENLEAS, NORTH STREET, FONTMELL MAGNA, SHAFTESBURY, SP7 0NS - £462,000

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

PENLEAS is a small extended detached house of 115m², built sometime between 1950 and 1966. It was last sold for £462,000 in October 2018, which was around 8% above the average October 2018 detached price in the Dorset local authority area. The most recent EPC inspection was July 2017, where the current energy rating was D, and the potential energy rating was C.

PENLEAS Sold Prices

Land registry data shows four sales for PENLEAS since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Dorset local authority area for the corresponding sale date. Most of the four PENLEAS 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
2018 25 OCT	£462,000	£429,299	8% above HPI
2015 8 OCT	£277,000	£376,798	26% below HPI
2006 26 MAY	£245,000	£295,601	17% below HPI
2000 10 MAR	£148,000	£149,809	1% below HPI

PENLEAS 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 four PENLEAS sales between March 2000 and October 2018 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 October 2015 sale was for 26% below the HPI. So the extrapolation line tracks at 26% below the HPI over time, until the October 2018 sale, where it rises to 8% above the HPI. The line then continues to track at 8% above the HPI.

How Large is PENLEAS?

PENLEAS is 115m², which includes one extension, according to the EPC inspection conducted in July 2017. This puts it in the smallest 40% of detached houses in Fontmell Magna, based on EPC data. The below chart shows the distribution of detached houses by size in Fontmell Magna, and where PENLEAS lies on this distribution: 38% of detached houses are smaller than PENLEAS, and 60% of houses are larger. Note that EPC data is not available for all properties in Fontmell Magna.

PENLEAS: Plot and Title Map

PENLEAS sits on a plot of roughly 0.212 of an acre, or 859m². The below map shows the location of PENLEAS, 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 PENLEAS). 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 PENLEAS?

PENLEAS is located on NORTH STREET in FONTMELL MAGNA, in the SP7 postcode district. The below map shows the position of PENLEAS on NORTH STREET.