1, BLACKSMITH CLOSE, CORFE MULLEN, WIMBORNE, BH21 3QW - £350,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

1 BLACKSMITH CLOSE is a very small detached house of 57m², built sometime between 1976 and 1982, which could now be worth an estimated £353,044. It was last sold for £350,000 in June 2024, which was around 32% below the average June 2024 detached price in the Dorset local authority area. The most recent EPC inspection was September 2023, where the current energy rating was C, and the potential energy rating was B.

1 BLACKSMITH CLOSE Sold Prices

Land registry data shows three sales for 1 BLACKSMITH CLOSE 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 1 BLACKSMITH CLOSE 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
2024 4 JUN	£350,000	£516,518	32% below HPI
2015 16 JAN	£234,500	£367,107	36% below HPI
2007 29 JUN	£208,500	£337,209	38% below HPI

1 BLACKSMITH CLOSE 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 1 BLACKSMITH CLOSE sales between June 2007 and June 2024 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 January 2015 sale was for 36% below the HPI. So the extrapolation line tracks at 36% below the HPI over time, until the June 2024 sale, where it rises to 32% below the HPI. The line then continues to track at 32% below the HPI.

What might 1 BLACKSMITH CLOSE be worth now?

1 BLACKSMITH CLOSE might now be worth an estimated £353,044.

This is based on house price inflation of 0.9%, between June 2024 and December 2024, 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 0.9% inflationary increase is applied to the most recent sale price for 1 BLACKSMITH CLOSE of £350,000 on 4th June 2024. For the value to have increased from £350,000 to £353,044 over the six months to December 2024, the following assumptions must hold true:

• The value of 1 BLACKSMITH CLOSE has moved in line with the HPI for detached houses in the Dorset local authority area.
• The June 2024 sale price of £350,000 represented a fair market value for the property.
• The size, condition, and specification of 1 BLACKSMITH CLOSE has not materially changed since June 2024.

How Large is 1 BLACKSMITH CLOSE?

1 BLACKSMITH CLOSE is 57m² according to the EPC inspection conducted in September 2023. This puts it in the smallest 10% of detached houses houses in Corfe Mullen, based on EPC data. The below chart shows the distribution of detached houses houses by size in Corfe Mullen, and where 1 BLACKSMITH CLOSE lies on this distribution: 1% of detached houses houses are smaller than 1 BLACKSMITH CLOSE, and 99% of houses are larger. Note that EPC data is not available for all properties in Corfe Mullen.

1 BLACKSMITH CLOSE: Plot and Title Map

1 BLACKSMITH CLOSE sits on a plot of roughly 0.071 of an acre, or 286m². The below map shows the location of 1 BLACKSMITH CLOSE, 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 1 BLACKSMITH CLOSE). 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 1 BLACKSMITH CLOSE?

1 BLACKSMITH CLOSE is located in CORFE MULLEN, in the BH21 postcode district. The below map shows the position of No. 1 on BLACKSMITH CLOSE.