THE WILLOWS, BEECH CLOSE, SPETISBURY, BLANDFORD FORUM, DT11 9HG - £300,000

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.

THE WILLOWS is a very large extended detached house of 227m², built sometime between 1950 and 1966, which could now be worth an estimated £545,696. It was last sold for £300,000 in April 2009, which was around 6% above the average April 2009 detached price in the Dorset local authority area. The most recent EPC inspection was July 2019, where the current energy rating was C, and the potential energy rating was B.

THE WILLOWS Sold Prices

Land registry data shows two sales for THE WILLOWS 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 WILLOWS sales were 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
2009 17 APR	£300,000	£283,541	6% above HPI
2004 10 DEC	£325,000	£292,478	11% above HPI

THE WILLOWS 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 WILLOWS sales from December 2004 and April 2009 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 December 2004 sale was for 11% above the HPI. So the extrapolation line tracks at 11% above the HPI over time, until the April 2009 sale, where it falls to 6% above the HPI. The line then continues to track at 6% above the HPI.

What might THE WILLOWS be worth now?

THE WILLOWS might now be worth an estimated £545,696.

This is based on house price inflation of 81.9%, between April 2009 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 81.9% inflationary increase is applied to the most recent sale price for THE WILLOWS of £300,000 on 17th April 2009. For the value to have increased from £300,000 to £545,696 over the seventeen years to April 2026, the following assumptions must hold true:

• The value of THE WILLOWS has moved in line with the HPI for detached houses in the Dorset local authority area.
• The April 2009 sale price of £300,000 represented a fair market value for the property.
• The size, condition, and specification of THE WILLOWS has not materially changed since April 2009.

How Large is THE WILLOWS?

THE WILLOWS is 227m², which includes two extensions, according to the EPC inspection conducted in July 2019. This puts it in the largest 10% of detached houses houses in Spetisbury, based on EPC data. The below chart shows the distribution of detached houses houses by size in Spetisbury, and where THE WILLOWS lies on this distribution: 96% of detached houses houses are smaller than THE WILLOWS, and 4% of houses are larger. Note that EPC data is not available for all properties in Spetisbury.

Where is THE WILLOWS?

THE WILLOWS is located on BEECH CLOSE in SPETISBURY, in the DT11 postcode district. The below map shows the position of THE WILLOWS on BEECH CLOSE.