SPRING BANK, PLAISTERS LANE, SUTTON POYNTZ, WEYMOUTH, DT3 6LG - £626,000

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

SPRING BANK is a large extended detached house of 138m², built sometime between 1950 and 1966. It was last sold for £626,000 in December 2020, which was around 38% above the average December 2020 detached price in the Dorset local authority area. The most recent EPC inspection was July 2009, where the current energy rating was C, and the potential energy rating was C.

SPRING BANK Sold Prices

Land registry data shows four sales for SPRING BANK since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Dorset local authority area for the corresponding sale date. All of the four SPRING BANK 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
2020 17 DEC	£626,000	£452,113	38% above HPI
2010 29 NOV	£402,500	£323,260	25% above HPI
2007 12 OCT	£357,500	£336,359	6% above HPI
2000 15 MAR	£175,000	£149,809	17% above HPI

SPRING BANK 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 four SPRING BANK sales between March 2000 and December 2020 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 November 2010 sale was for 25% above the HPI. So the extrapolation line tracks at 25% above the HPI over time, until the December 2020 sale, where it rises to 38% above the HPI. The line then continues to track at 38% above the HPI.

How Large is SPRING BANK?

SPRING BANK is 138m², which includes one extension, according to the EPC inspection conducted in July 2009. This puts it in the largest 30% of detached houses in Weymouth, based on EPC data. The below chart shows the distribution of detached houses by size in Weymouth, and where SPRING BANK lies on this distribution: 74% of detached houses are smaller than SPRING BANK, and 26% of houses are larger. Note that EPC data is not available for all properties in Weymouth.

SPRING BANK: Plot and Title Map

SPRING BANK sits on a plot of roughly 0.104 of an acre, or 422m². The below map shows the location of SPRING BANK, 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 SPRING BANK). 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 SPRING BANK?

SPRING BANK is located on PLAISTERS LANE in SUTTON POYNTZ, in the DT3 postcode district. The below map shows the position of SPRING BANK on PLAISTERS LANE.