REDBANK, GROVE LANE, STALBRIDGE, STURMINSTER NEWTON, DT10 2RD - £480,000

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

REDBANK is a very large extended detached house of 250m², built sometime between 1991 and 1995. It was last sold for £480,000 in June 2021, which was around 7% above the average June 2021 detached price in the Dorset local authority area. The most recent EPC inspection was May 2021, where the current energy rating was C, and the potential energy rating was C.

REDBANK Sold Prices

Land registry data shows two sales for REDBANK 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. Both of the two REDBANK 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
2021 25 JUN	£480,000	£450,600	7% above HPI
2013 7 MAY	£357,500	£323,879	10% above HPI

REDBANK 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 REDBANK sales from May 2013 and June 2021 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 May 2013 sale was for 10% above the HPI. So the extrapolation line tracks at 10% above the HPI over time, until the June 2021 sale, where it falls to 7% above the HPI. The line then continues to track at 7% above the HPI.

How Large is REDBANK?

REDBANK is 250m², which includes four extensions, according to the EPC inspection conducted in May 2021. This puts it in the largest 10% of detached houses in Stalbridge, based on EPC data. The below chart shows the distribution of detached houses by size in Stalbridge, and where REDBANK lies on this distribution: 98% of detached houses are smaller than REDBANK, and 2% of houses are larger. Note that EPC data is not available for all properties in Stalbridge.

REDBANK: Plot and Title Map

REDBANK sits on a plot of roughly 0.159 of an acre, or 643m². The below map shows the location of REDBANK, 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 REDBANK). 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 REDBANK?

REDBANK is located on GROVE LANE in STALBRIDGE, in the DT10 postcode district. The below map shows the position of REDBANK on GROVE LANE.