59, REAP LANE, PORTLAND, DT5 2JX - £350,000

59 REAP LANE is a large detached house of 120m², built sometime between 2003 and 2006. It was last sold for £350,000 in April 2021, which was around 24% below the average April 2021 detached price in the Dorset local authority area. The most recent EPC inspection was March 2021, where the current energy rating was C, and the potential energy rating was B.

59 REAP LANE Sold Prices

Land registry data shows three sales for 59 REAP 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 59 REAP 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
2021 8 APR	£350,000	£457,967	24% below HPI
2010 25 FEB	£242,000	£312,809	23% below HPI
2001 28 SEP	£147,500	£185,569	21% below HPI

59 REAP 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 59 REAP LANE sales between September 2001 and April 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 February 2010 sale was for 23% below the HPI. So the extrapolation line tracks at 23% below the HPI over time, until the April 2021 sale, where it falls to 24% below the HPI. The line then continues to track at 24% below the HPI.

How Large is 59 REAP LANE?

59 REAP LANE is 120m² according to the EPC inspection conducted in March 2021. This puts it in the largest 30% of detached houses in Southwell, based on EPC data. The below chart shows the distribution of detached houses by size in Southwell, and where 59 REAP LANE lies on this distribution: 72% of detached houses are smaller than 59 REAP LANE, and 28% of houses are larger. Note that EPC data is not available for all properties in Southwell.

59 REAP LANE: Plot and Title Map

59 REAP LANE sits on a plot of roughly 0.065 of an acre, or 261m². The below map shows the location of 59 REAP 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 59 REAP 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 59 REAP LANE?

59 REAP LANE is located in PORTLAND, in the DT5 postcode district. The below map shows the position of No. 59 on REAP LANE.