THORVALD, LOVES LANE, MORCOMBELAKE, BRIDPORT, DT6 6DZ - £418,824

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

THORVALD is a very small extended detached house of 107m², built sometime between 1930 and 1949, which could now be worth an estimated £511,897. It was last sold for £418,824 in June 2018, which was around 3% below the average June 2018 detached price in the Dorset local authority area. The most recent EPC inspection was May 2015, where the current energy rating was F, and the potential energy rating was B.

THORVALD Sold Prices

Land registry data shows three sales for THORVALD 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 THORVALD sales were 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
2018 21 JUN	£418,824	£432,352	3% below HPI
2006 11 AUG	£300,000	£313,525	4% below HPI
2005 19 APR	£210,000	£291,765	28% below HPI

THORVALD 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 THORVALD sales between April 2005 and June 2018 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 2006 sale was for 4% below the HPI. So the extrapolation line tracks at 4% below the HPI over time, until the June 2018 sale, where it rises to 3% below the HPI. The line then continues to track at 3% below the HPI.

What might THORVALD be worth now?

THORVALD might now be worth an estimated £511,897.

This is based on house price inflation of 22.2%, between June 2018 and February 2025, 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 22.2% inflationary increase is applied to the most recent sale price for THORVALD of £418,824 on 21st June 2018. For the value to have increased from £418,824 to £511,897 over the seven years and four months to February 2025, the following assumptions must hold true:

• The value of THORVALD has moved in line with the HPI for detached houses in the Dorset local authority area.
• The June 2018 sale price of £418,824 represented a fair market value for the property.
• The size, condition, and specification of THORVALD has not materially changed since June 2018.

How Large is THORVALD?

THORVALD is 107m², which includes three extensions, according to the EPC inspection conducted in May 2015. This puts it in the smallest 20% of detached houses houses in Morcombelake, based on EPC data. The below chart shows the distribution of detached houses houses by size in Morcombelake, and where THORVALD lies on this distribution: 20% of detached houses houses are smaller than THORVALD, and 80% of houses are larger. Note that EPC data is not available for all properties in Morcombelake.

THORVALD: Plot and Title Map

THORVALD sits on a plot of roughly 0.589 of an acre, or 2,384m². The below map shows the location of THORVALD, 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 THORVALD). 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 THORVALD?

THORVALD is located on LOVES LANE in MORCOMBELAKE, in the DT6 postcode district. The below map shows the position of THORVALD on LOVES LANE.