SPRINGBANK, NEWTON ROAD, STURMINSTER MARSHALL, WIMBORNE, BH21 4BT - £470,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

SPRINGBANK is a very large detached house of 183m², built sometime between 1996 and 2002, which could now be worth an estimated £830,396. It was last sold for £470,000 in January 2006, which was around 59% above the average January 2006 detached price in the Dorset local authority area. The most recent EPC inspection was July 2013, where the current energy rating was C, and the potential energy rating was B.

SPRINGBANK Sold Prices

Land registry data shows two sales for SPRINGBANK 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 SPRINGBANK 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
2006 4 JAN	£470,000	£294,889	59% above HPI
1999 3 AUG	£249,250	£140,914	77% above HPI

SPRINGBANK 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 SPRINGBANK sales from August 1999 and January 2006 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 August 1999 sale was for 77% above the HPI. So the extrapolation line tracks at 77% above the HPI over time, until the January 2006 sale, where it falls to 59% above the HPI. The line then continues to track at 59% above the HPI.

What might SPRINGBANK be worth now?

SPRINGBANK might now be worth an estimated £830,396.

This is based on house price inflation of 76.7%, between January 2006 and December 2024, for detached houses, in the Dorset local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 76.7% inflationary increase is applied to the most recent sale price for SPRINGBANK of £470,000 on 4th January 2006. For the value to have increased from £470,000 to £830,396 over the seventeen years and one month to December 2024, the following assumptions must hold true:

• The value of SPRINGBANK has moved in line with the HPI for detached houses in the Dorset local authority area.
• The January 2006 sale price of £470,000 represented a fair market value for the property.
• The size, condition, and specification of SPRINGBANK has not materially changed since January 2006.

How Large is SPRINGBANK?

SPRINGBANK is 183m² according to the EPC inspection conducted in July 2013. This puts it in the largest 20% of detached houses houses in Sturminster Marshall, based on EPC data. The below chart shows the distribution of detached houses houses by size in Sturminster Marshall, and where SPRINGBANK lies on this distribution: 86% of detached houses houses are smaller than SPRINGBANK, and 14% of houses are larger. Note that EPC data is not available for all properties in Sturminster Marshall.

SPRINGBANK: Plot and Title Map

SPRINGBANK sits on a plot of roughly 0.204 of an acre, or 825m². The below map shows the location of SPRINGBANK, 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 SPRINGBANK). 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 SPRINGBANK?

SPRINGBANK is located on NEWTON ROAD in STURMINSTER MARSHALL, in the BH21 postcode district. The below map shows the position of SPRINGBANK on NEWTON ROAD.