THE CHASE, ELM HILL, MOTCOMBE, SHAFTESBURY, SP7 9HR - £345,000

THE CHASE is a very small detached house of 102m², built sometime between 1967 and 1975. It was last sold for £345,000 in January 2022, which was around 32% below the average January 2022 detached price in the Dorset local authority area. The most recent EPC inspection was April 2018, where the current energy rating was D, and the potential energy rating was A.

THE CHASE Sold Prices

Land registry data shows two sales for THE CHASE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Dorset local authority area for the corresponding sale date. Both of the two THE CHASE 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
2022 28 JAN	£345,000	£509,261	32% below HPI
2019 8 MAR	£325,000	£424,134	23% below HPI

THE CHASE 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 two THE CHASE sales from March 2019 and January 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 March 2019 sale was for 23% below the HPI. So the extrapolation line tracks at 23% below the HPI over time, until the January 2022 sale, where it falls to 32% below the HPI. The line then continues to track at 32% below the HPI.

How Large is THE CHASE?

THE CHASE is 102m² according to the EPC inspection conducted in April 2018. This puts it in the smallest 20% of detached houses in Motcombe, based on EPC data. The below chart shows the distribution of detached houses by size in Motcombe, and where THE CHASE lies on this distribution: 18% of detached houses are smaller than THE CHASE, and 81% of houses are larger. Note that EPC data is not available for all properties in Motcombe.

THE CHASE: Plot and Title Map

THE CHASE sits on a plot of roughly 0.264 of an acre, or 1,070m². The below map shows the location of THE CHASE, 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 THE CHASE). 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 THE CHASE?

THE CHASE is located on ELM HILL in MOTCOMBE, in the SP7 postcode district. The below map shows the position of THE CHASE on ELM HILL.