SPRINGBANK, PIDDLETRENTHIDE, DORCHESTER, DT2 7QH - £370,000

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.

SPRINGBANK is a small extended detached house of 127m², built sometime between 1967 and 1975, which could now be worth an estimated £429,134. It was last sold for £370,000 in August 2018, which was around 17% below the average August 2018 detached price in the Dorset local authority area. The most recent EPC inspection was February 2018, where the current energy rating was D, and the potential energy rating was C.

SPRINGBANK Sold Prices

Land registry data shows three sales for SPRINGBANK 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 SPRINGBANK 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
2018 8 AUG	£370,000	£444,687	17% below HPI
2010 23 APR	£280,000	£323,870	14% below HPI
2000 27 OCT	£170,000	£175,568	3% below HPI

SPRINGBANK 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 SPRINGBANK sales between October 2000 and August 2018 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 2010 sale was for 14% below the HPI. So the extrapolation line tracks at 14% below the HPI over time, until the August 2018 sale, where it falls to 17% below the HPI. The line then continues to track at 17% below the HPI.

What might SPRINGBANK be worth now?

SPRINGBANK might now be worth an estimated £429,134.

This is based on house price inflation of 16%, between August 2018 and April 2026, 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 16% inflationary increase is applied to the most recent sale price for SPRINGBANK of £370,000 on 8th August 2018. For the value to have increased from £370,000 to £429,134 over the eight years and four months to April 2026, the following assumptions must hold true:

• The value of SPRINGBANK has moved in line with the HPI for detached houses in the Dorset local authority area.
• The August 2018 sale price of £370,000 represented a fair market value for the property.
• The size, condition, and specification of SPRINGBANK has not materially changed since August 2018.

How Large is SPRINGBANK?

SPRINGBANK is 127m², which includes two extensions, according to the EPC inspection conducted in February 2018. This puts it in the smallest 30% of detached houses houses in Piddletrenthide, based on EPC data. The below chart shows the distribution of detached houses houses by size in Piddletrenthide, and where SPRINGBANK lies on this distribution: 26% of detached houses houses are smaller than SPRINGBANK, and 74% of houses are larger. Note that EPC data is not available for all properties in Piddletrenthide.

SPRINGBANK: Plot and Title Map

SPRINGBANK sits on a plot of roughly 0.354 of an acre, or 1,433m². The below map shows the location of SPRINGBANK, 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 SPRINGBANK). 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 SPRINGBANK?

SPRINGBANK is located in PIDDLETRENTHIDE, in the DT2 postcode district. The below map shows the position of SPRINGBANK in PIDDLETRENTHIDE.