THE HIVE, ELM HILL, MOTCOMBE, SHAFTESBURY, SP7 9HR - £415,000

THE HIVE is a small detached house of 106m², built sometime between 1950 and 1966. It was last sold for £415,000 in September 2021, which was around 12% below the average September 2021 detached price in the Dorset local authority area. The most recent EPC inspection was April 2009, where the current energy rating was D, and the potential energy rating was D.

THE HIVE Sold Prices

Land registry data shows two sales for THE HIVE 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. One of the two THE HIVE sales was for below the average price, whilst the other was 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
2021 24 SEP	£415,000	£473,443	12% below HPI
2009 30 NOV	£310,000	£304,638	2% above HPI

THE HIVE 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 HIVE sales from November 2009 and September 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 November 2009 sale was for 2% above the HPI. So the extrapolation line tracks at 2% above the HPI over time, until the September 2021 sale, where it falls to 12% below the HPI. The line then continues to track at 12% below the HPI.

How Large is THE HIVE?

THE HIVE is 106m² according to the EPC inspection conducted in April 2009. This puts it in the smallest 30% 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 HIVE lies on this distribution: 24% of detached houses are smaller than THE HIVE, and 76% of houses are larger. Note that EPC data is not available for all properties in Motcombe.

THE HIVE: Plot and Title Map

THE HIVE sits on a plot of roughly 0.296 of an acre, or 1,197m². The below map shows the location of THE HIVE, 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 HIVE). 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 HIVE?

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