1, WELL LANE, SHAFTESBURY, SP7 8LP - £367,500

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.

1 WELL LANE is a very small extended detached house of 87m², built sometime before 1900, which could now be worth an estimated £461,689. It was last sold for £367,500 in March 2017, which was around 12% below the average March 2017 detached price in the Dorset local authority area. The most recent EPC inspection was September 2016, where the current energy rating was D, and the potential energy rating was B.

1 WELL LANE Sold Prices

Land registry data shows three sales for 1 WELL LANE 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 1 WELL LANE 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
2017 3 MAR	£367,500	£416,026	12% below HPI
2009 8 MAY	£210,000	£286,179	27% below HPI
1999 18 NOV	£89,950	£147,430	39% below HPI

1 WELL LANE 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 1 WELL LANE sales between November 1999 and March 2017 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 May 2009 sale was for 27% below the HPI. So the extrapolation line tracks at 27% below the HPI over time, until the March 2017 sale, where it rises to 12% below the HPI. The line then continues to track at 12% below the HPI.

What might 1 WELL LANE be worth now?

1 WELL LANE might now be worth an estimated £461,689.

This is based on house price inflation of 25.6%, between March 2017 and July 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 25.6% inflationary increase is applied to the most recent sale price for 1 WELL LANE of £367,500 on 3rd March 2017. For the value to have increased from £367,500 to £461,689 over the seven years and eight months to July 2025, the following assumptions must hold true:

• The value of 1 WELL LANE has moved in line with the HPI for detached houses in the Dorset local authority area.
• The March 2017 sale price of £367,500 represented a fair market value for the property.
• The size, condition, and specification of 1 WELL LANE has not materially changed since March 2017.

How Large is 1 WELL LANE?

1 WELL LANE is 87m², which includes one extension, according to the EPC inspection conducted in September 2016. This puts it in the smallest 20% of detached houses houses in Shaftesbury, based on EPC data. The below chart shows the distribution of detached houses houses by size in Shaftesbury, and where 1 WELL LANE lies on this distribution: 15% of detached houses houses are smaller than 1 WELL LANE, and 84% of houses are larger. Note that EPC data is not available for all properties in Shaftesbury.

1 WELL LANE: Plot and Title Map

1 WELL LANE sits on a plot of roughly 0.081 of an acre, or 328m². The below map shows the location of 1 WELL LANE, 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 1 WELL LANE). 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 1 WELL LANE?

1 WELL LANE is located in SHAFTESBURY, in the SP7 postcode district. The below map shows the position of No. 1 on WELL LANE.