THE HOMESTEAD, NEW STREET, MARNHULL, STURMINSTER NEWTON, DT10 1QA - £500,000

THE HOMESTEAD is a very large extended detached house of 173m², built sometime before 1900. It was last sold for £500,000 in October 2017, which was around 18% above the average October 2017 detached price in the Dorset local authority area. The most recent EPC inspection was July 2017, where the current energy rating was D, and the potential energy rating was C.

THE HOMESTEAD Sold Prices

Land registry data shows two sales for THE HOMESTEAD 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. One of the two THE HOMESTEAD sales was for above the average price, whilst the other was 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
2017 25 OCT	£500,000	£425,402	18% above HPI
2008 22 MAY	£175,000	£327,787	47% below HPI

THE HOMESTEAD 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 THE HOMESTEAD sales from May 2008 and October 2017 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 2008 sale was for 47% below the HPI. So the extrapolation line tracks at 47% below the HPI over time, until the October 2017 sale, where it rises to 18% above the HPI. The line then continues to track at 18% above the HPI.

How Large is THE HOMESTEAD?

THE HOMESTEAD is 173m², which includes three extensions, according to the EPC inspection conducted in July 2017. This puts it in the largest 20% of detached houses in Marnhull, based on EPC data. The below chart shows the distribution of detached houses by size in Marnhull, and where THE HOMESTEAD lies on this distribution: 82% of detached houses are smaller than THE HOMESTEAD, and 18% of houses are larger. Note that EPC data is not available for all properties in Marnhull.

THE HOMESTEAD: Plot and Title Map

THE HOMESTEAD sits on a plot of roughly 0.096 of an acre, or 389m². The below map shows the location of THE HOMESTEAD, 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 HOMESTEAD). 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 THE HOMESTEAD?

THE HOMESTEAD is located on NEW STREET in MARNHULL, in the DT10 postcode district. The below map shows the position of THE HOMESTEAD on NEW STREET.