PINE COTTAGE, GIBBS LANE, MORCOMBELAKE, BRIDPORT, DT6 6DT - £385,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

PINE COTTAGE is a midsized extended detached house of 128m², built sometime between 1950 and 1966. It was last sold for £385,000 in January 2024, which was around 24% below the average January 2024 detached price in the Dorset local authority area. The most recent EPC inspection was July 2023, where the current energy rating was F, and the potential energy rating was C.

PINE COTTAGE Sold Prices

Land registry data shows two sales for PINE COTTAGE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Dorset local authority area for the corresponding sale date. One of the two PINE COTTAGE sales was for below the average price, whilst the other was 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
2024 18 JAN	£385,000	£508,599	24% below HPI
1996 31 OCT	£112,000	£98,517	14% above HPI

PINE 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 two PINE COTTAGE sales from October 1996 and January 2024 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 1996 sale was for 14% above the HPI. So the extrapolation line tracks at 14% above the HPI over time, until the January 2024 sale, where it falls to 24% below the HPI. The line then continues to track at 24% below the HPI.

How Large is PINE COTTAGE?

PINE COTTAGE is 128m², which includes one extension, according to the EPC inspection conducted in July 2023. This puts it in the smallest 50% of detached houses in Morcombelake, based on EPC data. The below chart shows the distribution of detached houses by size in Morcombelake, and where PINE COTTAGE lies on this distribution: 45% of detached houses are smaller than PINE COTTAGE, and 55% of houses are larger. Note that EPC data is not available for all properties in Morcombelake.

PINE COTTAGE: Plot and Title Map

PINE COTTAGE sits on a plot of roughly 1.3 acres, or 5,456m². The below map shows the location of PINE 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 PINE 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 PINE COTTAGE?

PINE COTTAGE is located on GIBBS LANE in MORCOMBELAKE, in the DT6 postcode district. The below map shows the position of PINE COTTAGE on GIBBS LANE.