1, FAIRWOOD ROAD, VERWOOD, BH31 6UA - £505,000

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.

1 FAIRWOOD ROAD is a midsized detached house of 107m², built sometime between 1967 and 1975, which could now be worth an estimated £533,405. It was last sold for £505,000 in December 2021, which was around 1% above the average December 2021 detached price in the Dorset local authority area. The most recent EPC inspection was November 2018, where the current energy rating was D, and the potential energy rating was B.

1 FAIRWOOD ROAD Sold Prices

Land registry data shows two sales for 1 FAIRWOOD ROAD 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 1 FAIRWOOD ROAD sales was for above the average price, whilst the other was 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
2021 1 DEC	£505,000	£500,291	1% above HPI
2003 17 FEB	£206,000	£247,240	17% below HPI

1 FAIRWOOD ROAD 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 1 FAIRWOOD ROAD sales from February 2003 and December 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 February 2003 sale was for 17% below the HPI. So the extrapolation line tracks at 17% below the HPI over time, until the December 2021 sale, where it rises to 1% above the HPI. The line then continues to track at 1% above the HPI.

What might 1 FAIRWOOD ROAD be worth now?

1 FAIRWOOD ROAD might now be worth an estimated £533,405.

This is based on house price inflation of 5.6%, between December 2021 and February 2025, 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 5.6% inflationary increase is applied to the most recent sale price for 1 FAIRWOOD ROAD of £505,000 on 1st December 2021. For the value to have increased from £505,000 to £533,405 over the four years and ten months to February 2025, the following assumptions must hold true:

• The value of 1 FAIRWOOD ROAD has moved in line with the HPI for detached houses in the Dorset local authority area.
• The December 2021 sale price of £505,000 represented a fair market value for the property.
• The size, condition, and specification of 1 FAIRWOOD ROAD has not materially changed since December 2021.

How Large is 1 FAIRWOOD ROAD?

1 FAIRWOOD ROAD is 107m² according to the EPC inspection conducted in November 2018. This puts it in the smallest 50% of detached houses houses in Verwood, based on EPC data. The below chart shows the distribution of detached houses houses by size in Verwood, and where 1 FAIRWOOD ROAD lies on this distribution: 44% of detached houses houses are smaller than 1 FAIRWOOD ROAD, and 54% of houses are larger. Note that EPC data is not available for all properties in Verwood.

1 FAIRWOOD ROAD: Plot and Title Map

1 FAIRWOOD ROAD sits on a plot of roughly 0.109 of an acre, or 443m². The below map shows the location of 1 FAIRWOOD ROAD, 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 FAIRWOOD ROAD). 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 FAIRWOOD ROAD?

1 FAIRWOOD ROAD is located in VERWOOD, in the BH31 postcode district. The below map shows the position of No. 1 on FAIRWOOD ROAD.