WESTBANK, MILL LANE, PRESTON, WEYMOUTH, DT3 6DE - £325,000

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

WESTBANK is a large extended detached house of 122m², built sometime between 1983 and 1990. It was last sold for £325,000 in October 2014, which was around 10% below the average October 2014 detached price in the Dorset local authority area. The most recent EPC inspection was August 2013, where the current energy rating was D, and the potential energy rating was C.

WESTBANK Sold Prices

Land registry data shows three sales for WESTBANK 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 WESTBANK sales was for below the average price, whilst two 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
2014 3 OCT	£325,000	£361,876	10% below HPI
2003 25 APR	£260,000	£244,667	6% above HPI
1997 5 DEC	£119,000	£114,140	4% above HPI

WESTBANK 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 WESTBANK sales between December 1997 and October 2014 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 April 2003 sale was for 6% above the HPI. So the extrapolation line tracks at 6% above the HPI over time, until the October 2014 sale, where it falls to 10% below the HPI. The line then continues to track at 10% below the HPI.

How Large is WESTBANK?

WESTBANK is 122m², which includes one extension, according to the EPC inspection conducted in August 2013. This puts it in the largest 40% of detached houses in Weymouth, based on EPC data. The below chart shows the distribution of detached houses by size in Weymouth, and where WESTBANK lies on this distribution: 61% of detached houses are smaller than WESTBANK, and 39% of houses are larger. Note that EPC data is not available for all properties in Weymouth.

WESTBANK: Plot and Title Map

WESTBANK sits on a plot of roughly 0.174 of an acre, or 705m². The below map shows the location of WESTBANK, 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 WESTBANK). 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 WESTBANK?

WESTBANK is located on MILL LANE in PRESTON, in the DT3 postcode district. The below map shows the position of WESTBANK on MILL LANE.