THE BANKS, WEST STREET, FONTMELL MAGNA, SHAFTESBURY, SP7 0PF - £315,000

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

THE BANKS is a midsized detached house of 116m², built sometime between 1983 and 1990. It was last sold for £315,000 in July 2013, which was around 4% below the average July 2013 detached price in the Dorset local authority area. The most recent EPC inspection was December 2012, where the current energy rating was E, and the potential energy rating was C.

THE BANKS Sold Prices

Land registry data shows three sales for THE BANKS since 1st 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. One of the three THE BANKS sales was for below the average price, whilst two were for above the average price. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

DatePriceHPI PriceVariation from HPI
2013
23 JUL
£315,000£329,062
down arrow
4% below HPI
2005
22 JUL
£350,000£285,994
up arrow
22% above HPI
1997
28 NOV
£136,000£113,253
up arrow
20% above HPI

THE BANKS 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 THE BANKS sales between November 1997 and July 2013 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 July 2005 sale was for 22% above the HPI. So the extrapolation line tracks at 22% above the HPI over time, until the July 2013 sale, where it falls to 4% below the HPI. The line then continues to track at 4% below the HPI.

THE BANKS, WEST STREET, FONTMELL MAGNA, SHAFTESBURY, SP7 0PF: Price paid vs HM Land Registry's House Price Index

How Large is THE BANKS?

THE BANKS is 116m² according to the EPC inspection conducted in December 2012. This puts it in the smallest 50% of detached houses in Fontmell Magna, based on EPC data. The below chart shows the distribution of detached houses by size in Fontmell Magna, and where THE BANKS lies on this distribution: 41% of detached houses are smaller than THE BANKS, and 59% of houses are larger. Note that EPC data is not available for all properties in Fontmell Magna.

THE BANKS, WEST STREET, FONTMELL MAGNA, SHAFTESBURY, SP7 0PF: Size of property relative to detached houses in Fontmell Magna

THE BANKS: Plot and Title Map

THE BANKS sits on a plot of roughly 0.111 of an acre, or 450m². The below map shows the location of THE BANKS, 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 THE BANKS). 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.

THE BANKS, WEST STREET, FONTMELL MAGNA, SHAFTESBURY, SP7 0PF: Plot and title map

Where is THE BANKS?

THE BANKS is located on WEST STREET in FONTMELL MAGNA, in the SP7 postcode district. The below map shows the position of THE BANKS on WEST STREET.

THE BANKS, WEST STREET, FONTMELL MAGNA, SHAFTESBURY, SP7 0PF: Location map and indicative extent of plot

All sales of detached houses on WEST STREET

GREENHAYES, WEST STREET, FONTMELL MAGNA, SHAFTESBURY, SP7 0PF
2023
26 MAY
£635,000
GABLE COTTAGE, WEST STREET, FONTMELL MAGNA, SHAFTESBURY, SP7 0PF
2021
24 JUN
£389,000
WINCHELLS, WEST STREET, FONTMELL MAGNA, SHAFTESBURY, SP7 0PF
2021
15 JAN
£575,000
THE MAPLES, WEST STREET, FONTMELL MAGNA, SHAFTESBURY, SP7 0PF
2020
9 NOV
£462,000
66, WEST STREET, FONTMELL MAGNA, SHAFTESBURY, SP7 0PF
2019
13 SEP
£355,000
BEAUMARIS, WEST STREET, FONTMELL MAGNA, SHAFTESBURY, SP7 0PF
2016
26 FEB
£595,000
THE BANKS, WEST STREET, FONTMELL MAGNA, SHAFTESBURY, SP7 0PF
2013
23 JUL
£315,000
GOSSIPS TREE COTTAGE, WEST STREET, FONTMELL MAGNA, SHAFTESBURY, SP7 0PF
2010
25 JUN
£363,000
BRAMBLEDOWN, WEST STREET, FONTMELL MAGNA, SHAFTESBURY, SP7 0PF
2007
9 NOV
£412,500
WINCHELLS, WEST STREET, FONTMELL MAGNA, SHAFTESBURY, SP7 0PF
2005
16 DEC
£250,000
THE BANKS, WEST STREET, FONTMELL MAGNA, SHAFTESBURY, SP7 0PF
2005
22 JUL
£350,000
CHASEBOROUGH, WEST STREET, FONTMELL MAGNA, SHAFTESBURY, SP7 0PF
2004
20 OCT
£361,000
LARKSPUR, WEST STREET, FONTMELL MAGNA, SHAFTESBURY, SP7 0PF
2002
28 MAR
£280,000
56, WEST STREET, FONTMELL MAGNA, SHAFTESBURY, SP7 0PF
2002
1 FEB
£340,000
CRISPINS, WEST STREET, FONTMELL MAGNA, SHAFTESBURY, SP7 0PS
2001
9 APR
£200,000
LARKSPUR, WEST STREET, FONTMELL MAGNA, SHAFTESBURY, SP7 0PF
2000
4 AUG
£200,000
LARKSPUR, WEST STREET, FONTMELL MAGNA, SHAFTESBURY, SP7 0PF
1999
21 MAY
£175,000
56, WEST STREET, FONTMELL MAGNA, SHAFTESBURY, SP7 0PF
1998
20 JUL
£198,000
58, WEST STREET, FONTMELL MAGNA, SHAFTESBURY, SP7 0PF
1998
12 JAN
£105,000
THE BANKS, WEST STREET, FONTMELL MAGNA, SHAFTESBURY, SP7 0PF
1997
28 NOV
£136,000
69, WEST STREET, FONTMELL MAGNA, SHAFTESBURY, SP7 0PF
1997
13 NOV
£150,000
WINCHELLS, WEST STREET, FONTMELL MAGNA, SHAFTESBURY, SP7 0PF
1997
31 OCT
£110,000
CHASEBOROUGH, WEST STREET, FONTMELL MAGNA, SHAFTESBURY, SP7 0PF
1995
30 MAY
£74,000
Source: HM Land Registry Price Paid Data
Licence: Contains HM Land Registry data © Crown copyright and database right 2024. This data is licensed under the Open Government Licence v3.0.
Source: HM Land Registry UK House Price Index
Licence: Contains HM Land Registry data © Crown copyright and database right 2024. This data is licensed under the Open Government Licence v3.0.
Copyright statement: This information is subject to Crown copyright and database rights 2024 and is reproduced with the permission of HM Land Registry. The polygons (including the associated geometry, namely x, y co-ordinates) are subject to Crown copyright and database rights 2024 Ordnance Survey 100026316. Conditions of use.