WATERY LANE COTTAGE, WESTON STREET, PORTLAND, DT5 2DF - £340,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

WATERY LANE COTTAGE is a midsized detached house of 98m², built sometime between 2003 and 2006. It was last sold for £340,000 in April 2022, which was around 33% below the average April 2022 detached price in the Dorset local authority area. The most recent EPC inspection was January 2022, where the current energy rating was C, and the potential energy rating was B.

WATERY LANE COTTAGE Sold Prices

Land registry data shows three sales for WATERY LANE COTTAGE 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 WATERY LANE COTTAGE 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
2022 5 APR	£340,000	£509,279	33% below HPI
2017 6 MAR	£287,500	£403,460	29% below HPI
2014 31 OCT	£270,000	£361,876	25% below HPI

WATERY LANE COTTAGE 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 WATERY LANE COTTAGE sales between October 2014 and April 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 March 2017 sale was for 29% below the HPI. So the extrapolation line tracks at 29% below the HPI over time, until the April 2022 sale, where it falls to 33% below the HPI. The line then continues to track at 33% below the HPI.

How Large is WATERY LANE COTTAGE?

WATERY LANE COTTAGE is 98m² according to the EPC inspection conducted in January 2022. This puts it in the largest 50% of detached houses in Weston, based on EPC data. The below chart shows the distribution of detached houses by size in Weston, and where WATERY LANE COTTAGE lies on this distribution: 51% of detached houses are smaller than WATERY LANE COTTAGE, and 48% of houses are larger. Note that EPC data is not available for all properties in Weston.

WATERY LANE COTTAGE: Plot and Title Map

WATERY LANE COTTAGE sits on a plot of roughly 0.057 of an acre, or 232m². The below map shows the location of WATERY LANE COTTAGE, 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 WATERY LANE COTTAGE). 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 WATERY LANE COTTAGE?

WATERY LANE COTTAGE is located on WESTON STREET in PORTLAND, in the DT5 postcode district. The below map shows the position of WATERY LANE COTTAGE on WESTON STREET.