WILLOWBANK, IWERNE MINSTER, BLANDFORD FORUM, DT11 8LW - £790,000

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.

WILLOWBANK is a very large extended detached house of 235m², built sometime before 1900, which could now be worth an estimated £756,479. It was last sold for £790,000 in November 2022, which was around 43% above the average November 2022 detached price in the Dorset local authority area. The most recent EPC inspection was June 2022, where the current energy rating was F, and the potential energy rating was C.

WILLOWBANK Sold Prices

Land registry data shows four sales for WILLOWBANK since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Dorset local authority area for the corresponding sale date. All of the four WILLOWBANK 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
2022 4 NOV	£790,000	£551,847	43% above HPI
2003 31 OCT	£370,000	£265,776	39% above HPI
2000 31 MAR	£232,500	£154,474	51% above HPI
1997 13 JUN	£142,000	£109,702	29% above HPI

WILLOWBANK 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 four WILLOWBANK sales between June 1997 and November 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 October 2003 sale was for 39% above the HPI. So the extrapolation line tracks at 39% above the HPI over time, until the November 2022 sale, where it rises to 43% above the HPI. The line then continues to track at 43% above the HPI.

What might WILLOWBANK be worth now?

WILLOWBANK might now be worth an estimated £756,479.

This is based on house price deflation of 4.2%, between November 2022 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 4.2% deflationary decrease is applied to the most recent sale price for WILLOWBANK of £790,000 on 4th November 2022. For the value to have decreased from £790,000 to £756,479 over the three years and nine months to February 2025, the following assumptions must hold true:

• The value of WILLOWBANK has moved in line with the HPI for detached houses in the Dorset local authority area.
• The November 2022 sale price of £790,000 represented a fair market value for the property.
• The size, condition, and specification of WILLOWBANK has not materially changed since November 2022.

How Large is WILLOWBANK?

WILLOWBANK is 235m², which includes one extension, according to the EPC inspection conducted in June 2022. This puts it in the largest 10% of detached houses houses in Iwerne Minster, based on EPC data. The below chart shows the distribution of detached houses houses by size in Iwerne Minster, and where WILLOWBANK lies on this distribution: 91% of detached houses houses are smaller than WILLOWBANK, and 9% of houses are larger. Note that EPC data is not available for all properties in Iwerne Minster.

WILLOWBANK: Plot and Title Map

WILLOWBANK sits on a plot of roughly 0.110 of an acre, or 444m². The below map shows the location of WILLOWBANK, 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 WILLOWBANK). 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 WILLOWBANK?

WILLOWBANK is located in IWERNE MINSTER, in the DT11 postcode district. The below map shows the position of WILLOWBANK in IWERNE MINSTER.