RED LION COTTAGE, FORDINGBRIDGE ROAD, ALDERHOLT, FORDINGBRIDGE, SP6 3BE - £585,000

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

RED LION COTTAGE is a very large extended detached house of 239m², built sometime before 1900. It was last sold for £585,000 in December 2003, which was around 124% above the average December 2003 detached price in the Dorset local authority area. The most recent EPC inspection was May 2015, where the current energy rating was E, and the potential energy rating was B.

RED LION COTTAGE Sold Prices

Land registry data shows three sales for RED LION 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 RED LION 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
2003 16 DEC	£585,000	£261,351	124% above HPI
2000 14 JUN	£390,000	£159,553	144% above HPI
1996 31 MAY	£245,000	£94,798	158% above HPI

RED LION 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 RED LION COTTAGE sales between May 1996 and December 2003 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 2000 sale was for 144% above the HPI. So the extrapolation line tracks at 144% above the HPI over time, until the December 2003 sale, where it falls to 124% above the HPI. The line then continues to track at 124% above the HPI.

How Large is RED LION COTTAGE?

RED LION COTTAGE is 239m², which includes one extension, according to the EPC inspection conducted in May 2015. This puts it in the largest 10% of detached houses in Alderholt, based on EPC data. The below chart shows the distribution of detached houses by size in Alderholt, and where RED LION COTTAGE lies on this distribution: 99% of detached houses are smaller than RED LION COTTAGE, and 1% of houses are larger. Note that EPC data is not available for all properties in Alderholt.

RED LION COTTAGE: Plot and Title Map

RED LION COTTAGE sits on a plot of roughly 0.572 of an acre, or 2,313m². The below map shows the location of RED LION 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 RED LION 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 RED LION COTTAGE?

RED LION COTTAGE is located on FORDINGBRIDGE ROAD in ALDERHOLT, in the SP6 postcode district. The below map shows the position of RED LION COTTAGE on FORDINGBRIDGE ROAD.