WELL COTTAGE, HIGHER STREET, OKEFORD FITZPAINE, BLANDFORD FORUM, DT11 0RQ - £480,000

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.

WELL COTTAGE is a midsized extended detached house of 130m², built sometime between 1930 and 1949, which could now be worth an estimated £551,247. It was last sold for £480,000 in February 2021, which was around 4% above the average February 2021 detached price in the Dorset local authority area. The most recent EPC inspection was November 2011, where the current energy rating was D, and the potential energy rating was D.

WELL COTTAGE Sold Prices

Land registry data shows three sales for WELL 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. One of the three WELL COTTAGE sales was for above the average price, whilst two 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
2021 17 FEB	£480,000	£460,133	4% above HPI
2013 29 JAN	£285,000	£329,281	13% below HPI
2010 11 JUN	£250,000	£327,949	24% below HPI

WELL 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 WELL COTTAGE sales between June 2010 and February 2021 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 January 2013 sale was for 13% below the HPI. So the extrapolation line tracks at 13% below the HPI over time, until the February 2021 sale, where it rises to 4% above the HPI. The line then continues to track at 4% above the HPI.

What might WELL COTTAGE be worth now?

WELL COTTAGE might now be worth an estimated £551,247.

This is based on house price inflation of 14.8%, between February 2021 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 14.8% inflationary increase is applied to the most recent sale price for WELL COTTAGE of £480,000 on 17th February 2021. For the value to have increased from £480,000 to £551,247 over the four years to February 2025, the following assumptions must hold true:

• The value of WELL COTTAGE has moved in line with the HPI for detached houses in the Dorset local authority area.
• The February 2021 sale price of £480,000 represented a fair market value for the property.
• The size, condition, and specification of WELL COTTAGE has not materially changed since February 2021.

How Large is WELL COTTAGE?

WELL COTTAGE is 130m², which includes three extensions, according to the EPC inspection conducted in November 2011. This puts it in the largest 50% of detached houses houses in Okeford Fitzpaine, based on EPC data. The below chart shows the distribution of detached houses houses by size in Okeford Fitzpaine, and where WELL COTTAGE lies on this distribution: 53% of detached houses houses are smaller than WELL COTTAGE, and 47% of houses are larger. Note that EPC data is not available for all properties in Okeford Fitzpaine.

WELL COTTAGE: Plot and Title Map

WELL COTTAGE sits on a plot of roughly 0.174 of an acre, or 706m². The below map shows the location of WELL 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 WELL 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 WELL COTTAGE?

WELL COTTAGE is located on HIGHER STREET in OKEFORD FITZPAINE, in the DT11 postcode district. The below map shows the position of WELL COTTAGE on HIGHER STREET.