PROSPECT COTTAGE, HAPPY BOTTOM, CORFE MULLEN, WIMBORNE, BH21 3DP - £750,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

PROSPECT COTTAGE is a large extended detached house of 150m², built sometime between 1900 and 1929, which could now be worth an estimated £770,591. It was last sold for £750,000 in June 2024, which was around 46% above the average June 2024 detached price in the Dorset local authority area. The most recent EPC inspection was March 2024, where the current energy rating was C, and the potential energy rating was B.

PROSPECT COTTAGE Sold Prices

Land registry data shows three sales for PROSPECT 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 PROSPECT 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
2024 20 JUN	£750,000	£514,311	46% above HPI
2020 27 MAR	£530,000	£434,844	22% above HPI
2000 18 FEB	£220,000	£152,918	44% above HPI

PROSPECT 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 PROSPECT COTTAGE sales between February 2000 and June 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 March 2020 sale was for 22% above the HPI. So the extrapolation line tracks at 22% above the HPI over time, until the June 2024 sale, where it rises to 46% above the HPI. The line then continues to track at 46% above the HPI.

What might PROSPECT COTTAGE be worth now?

PROSPECT COTTAGE might now be worth an estimated £770,591.

This is based on house price inflation of 2.7%, between June 2024 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 2.7% inflationary increase is applied to the most recent sale price for PROSPECT COTTAGE of £750,000 on 20th June 2024. For the value to have increased from £750,000 to £770,591 over the one year and four months to February 2025, the following assumptions must hold true:

• The value of PROSPECT COTTAGE has moved in line with the HPI for detached houses in the Dorset local authority area.
• The June 2024 sale price of £750,000 represented a fair market value for the property.
• The size, condition, and specification of PROSPECT COTTAGE has not materially changed since June 2024.

How Large is PROSPECT COTTAGE?

PROSPECT COTTAGE is 150m², which includes one extension, according to the EPC inspection conducted in March 2024. This puts it in the largest 30% of detached houses houses in Corfe Mullen, based on EPC data. The below chart shows the distribution of detached houses houses by size in Corfe Mullen, and where PROSPECT COTTAGE lies on this distribution: 74% of detached houses houses are smaller than PROSPECT COTTAGE, and 26% of houses are larger. Note that EPC data is not available for all properties in Corfe Mullen.

PROSPECT COTTAGE: Plot and Title Map

PROSPECT COTTAGE sits on a plot of roughly 0.197 of an acre, or 798m². The below map shows the location of PROSPECT 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 PROSPECT 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 PROSPECT COTTAGE?

PROSPECT COTTAGE is located on HAPPY BOTTOM in CORFE MULLEN, in the BH21 postcode district. The below map shows the position of PROSPECT COTTAGE on HAPPY BOTTOM.