THE STEPS, CHESELBOURNE, DORCHESTER, DT2 7NT - £420,000

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 STEPS is a small detached house of 119m², built sometime between 1976 and 1982. It was last sold for £420,000 in October 2016, which was around 5% above the average October 2016 detached price in the Dorset local authority area. The most recent EPC inspection was March 2016, where the current energy rating was D, and the potential energy rating was C.

THE STEPS Sold Prices

Land registry data shows three sales for THE STEPS 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. All of the three THE STEPS 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
2016 26 OCT	£420,000	£399,387	5% above HPI
2011 16 MAY	£366,000	£317,155	15% above HPI
2009 28 SEP	£320,000	£296,860	8% above HPI

THE STEPS 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 STEPS sales between September 2009 and October 2016 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 2011 sale was for 15% above the HPI. So the extrapolation line tracks at 15% above the HPI over time, until the October 2016 sale, where it falls to 5% above the HPI. The line then continues to track at 5% above the HPI.

How Large is THE STEPS?

THE STEPS is 119m² according to the EPC inspection conducted in March 2016. This puts it in the smallest 40% of detached houses in Cheselbourne, based on EPC data. The below chart shows the distribution of detached houses by size in Cheselbourne, and where THE STEPS lies on this distribution: 32% of detached houses are smaller than THE STEPS, and 68% of houses are larger. Note that EPC data is not available for all properties in Cheselbourne.

THE STEPS: Plot and Title Map

THE STEPS sits on a plot of roughly 0.185 of an acre, or 749m². The below map shows the location of THE STEPS, 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 STEPS). 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 STEPS?

THE STEPS is located in CHESELBOURNE, in the DT2 postcode district. The below map shows the position of THE STEPS in CHESELBOURNE.