ROLFS, TOWER HILL, IWERNE MINSTER, BLANDFORD FORUM, DT11 8NQ - £402,500

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

ROLFS is a very small detached house of 102m², built sometime between 1967 and 1975. It was last sold for £402,500 in March 2024, which was around 21% below the average March 2024 detached price in the Dorset local authority area. The most recent EPC inspection was August 2023, where the current energy rating was E, and the potential energy rating was C.

ROLFS Sold Prices

Land registry data shows three sales for ROLFS 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 ROLFS 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
2024 13 MAR	£402,500	£509,507	21% below HPI
2016 23 MAY	£334,000	£388,227	14% below HPI
2006 21 JUL	£233,250	£303,001	23% below HPI

ROLFS 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 ROLFS sales between July 2006 and March 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 May 2016 sale was for 14% below the HPI. So the extrapolation line tracks at 14% below the HPI over time, until the March 2024 sale, where it falls to 21% below the HPI. The line then continues to track at 21% below the HPI.

How Large is ROLFS?

ROLFS is 102m² according to the EPC inspection conducted in August 2023. This puts it in the smallest 20% of detached houses in Iwerne Minster, based on EPC data. The below chart shows the distribution of detached houses by size in Iwerne Minster, and where ROLFS lies on this distribution: 19% of detached houses are smaller than ROLFS, and 78% of houses are larger. Note that EPC data is not available for all properties in Iwerne Minster.

ROLFS: Plot and Title Map

ROLFS sits on a plot of roughly 0.128 of an acre, or 518m². The below map shows the location of ROLFS, 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 ROLFS). 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 ROLFS?

ROLFS is located on TOWER HILL in IWERNE MINSTER, in the DT11 postcode district. The below map shows the position of ROLFS on TOWER HILL.