1, OAKLANDS CLOSE, VERWOOD, BH31 6NZ - £385,000

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 OAKLANDS CLOSE is a midsized extended detached house of 113m², built sometime between 1976 and 1982, which could now be worth an estimated £467,371. It was last sold for £385,000 in July 2020, which was around 12% below the average July 2020 detached price in the Dorset local authority area. The most recent EPC inspection was February 2020, where the current energy rating was D, and the potential energy rating was B.

1 OAKLANDS CLOSE Sold Prices

Land registry data shows three sales for 1 OAKLANDS 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 OAKLANDS 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
2020 29 JUL	£385,000	£435,299	12% below HPI
2003 6 JAN	£206,000	£248,348	17% below HPI
2001 19 JAN	£150,000	£175,053	14% below HPI

1 OAKLANDS 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 OAKLANDS CLOSE sales between January 2001 and July 2020 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 2003 sale was for 17% below the HPI. So the extrapolation line tracks at 17% below the HPI over time, until the July 2020 sale, where it rises to 12% below the HPI. The line then continues to track at 12% below the HPI.

What might 1 OAKLANDS CLOSE be worth now?

1 OAKLANDS CLOSE might now be worth an estimated £467,371.

This is based on house price inflation of 21.4%, between July 2020 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 21.4% inflationary increase is applied to the most recent sale price for 1 OAKLANDS CLOSE of £385,000 on 29th July 2020. For the value to have increased from £385,000 to £467,371 over the five years and five months to February 2025, the following assumptions must hold true:

• The value of 1 OAKLANDS CLOSE has moved in line with the HPI for detached houses in the Dorset local authority area.
• The July 2020 sale price of £385,000 represented a fair market value for the property.
• The size, condition, and specification of 1 OAKLANDS CLOSE has not materially changed since July 2020.

How Large is 1 OAKLANDS CLOSE?

1 OAKLANDS CLOSE is 113m², which includes one extension, according to the EPC inspection conducted in February 2020. This puts it in the largest 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 OAKLANDS CLOSE lies on this distribution: 52% of detached houses houses are smaller than 1 OAKLANDS CLOSE, and 46% of houses are larger. Note that EPC data is not available for all properties in Verwood.

1 OAKLANDS CLOSE: Plot and Title Map

1 OAKLANDS CLOSE sits on a plot of roughly 0.082 of an acre, or 332m². The below map shows the location of 1 OAKLANDS 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 OAKLANDS 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 OAKLANDS CLOSE?

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