REDWELL, CHALK PIT LANE, WOOL, WAREHAM, BH20 6DW - £247,000

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

REDWELL is a very small detached house of 72m², built sometime between 1950 and 1966. It was last sold for £247,000 in May 2008, which was around 25% below the average May 2008 detached price in the Dorset local authority area. The most recent EPC inspection was July 2024, where the current energy rating was D, and the potential energy rating was B.

REDWELL Sold Prices

Land registry data shows two sales for REDWELL 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 REDWELL 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
2008 9 MAY	£247,000	£327,787	25% below HPI
1997 17 FEB	£87,500	£99,211	12% below HPI

REDWELL 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 REDWELL sales from February 1997 and May 2008 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 February 1997 sale was for 12% below the HPI. So the extrapolation line tracks at 12% below the HPI over time, until the May 2008 sale, where it falls to 25% below the HPI. The line then continues to track at 25% below the HPI.

How Large is REDWELL?

REDWELL is 72m² according to the EPC inspection conducted in July 2024. This puts it in the smallest 20% of detached houses in Wool, based on EPC data. The below chart shows the distribution of detached houses by size in Wool, and where REDWELL lies on this distribution: 17% of detached houses are smaller than REDWELL, and 82% of houses are larger. Note that EPC data is not available for all properties in Wool.

REDWELL: Plot and Title Map

REDWELL sits on a plot of roughly 0.118 of an acre, or 479m². The below map shows the location of REDWELL, 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 REDWELL). 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 REDWELL?

REDWELL is located on CHALK PIT LANE in WOOL, in the BH20 postcode district. The below map shows the position of REDWELL on CHALK PIT LANE.