THE PALMS, CHURCH STREET, STURMINSTER NEWTON, DT10 1DB - £525,000

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 PALMS is a very large extended detached house of 162m², built sometime before 1900. It was last sold for £525,000 in March 2022, which was around 4% above the average March 2022 detached price in the Dorset local authority area. The most recent EPC inspection was October 2021, where the current energy rating was D, and the potential energy rating was C.

THE PALMS Sold Prices

Land registry data shows three sales for THE PALMS 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. Two of the three THE PALMS sales were for above the average price, whilst one 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
2022 17 MAR	£525,000	£502,934	4% above HPI
2002 22 NOV	£320,000	£236,669	35% above HPI
2001 4 OCT	£102,000	£189,618	46% below HPI

THE PALMS 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 PALMS sales between October 2001 and March 2022 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 2002 sale was for 35% above the HPI. So the extrapolation line tracks at 35% above the HPI over time, until the March 2022 sale, where it falls to 4% above the HPI. The line then continues to track at 4% above the HPI.

How Large is THE PALMS?

THE PALMS is 162m², which includes two extensions, according to the EPC inspection conducted in October 2021. This puts it in the largest 20% of detached houses in Sturminster Newton, based on EPC data. The below chart shows the distribution of detached houses by size in Sturminster Newton, and where THE PALMS lies on this distribution: 81% of detached houses are smaller than THE PALMS, and 19% of houses are larger. Note that EPC data is not available for all properties in Sturminster Newton.

THE PALMS: Plot and Title Map

THE PALMS sits on a plot of roughly 0.044 of an acre, or 179m². The below map shows the location of THE PALMS, 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 PALMS). 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 PALMS?

THE PALMS is located on CHURCH STREET in STURMINSTER NEWTON, in the DT10 postcode district. The below map shows the position of THE PALMS on CHURCH STREET.