1, PARK DRIVE, VERWOOD, BH31 7PE - £327,500

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 PARK DRIVE is a very large extended detached house of 159m², built sometime between 1950 and 1966, which could now be worth an estimated £574,904. It was last sold for £327,500 in April 2006, which was around 9% above the average April 2006 detached price in the Dorset local authority area. The most recent EPC inspection was October 2020, where the current energy rating was C, and the potential energy rating was B.

1 PARK DRIVE Sold Prices

Land registry data shows two sales for 1 PARK DRIVE 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 PARK DRIVE 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
2006 19 APR	£327,500	£301,026	9% above HPI
2002 10 MAY	£199,950	£208,888	4% below HPI

1 PARK DRIVE 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 PARK DRIVE sales from May 2002 and April 2006 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 May 2002 sale was for 4% below the HPI. So the extrapolation line tracks at 4% below the HPI over time, until the April 2006 sale, where it rises to 9% above the HPI. The line then continues to track at 9% above the HPI.

What might 1 PARK DRIVE be worth now?

1 PARK DRIVE might now be worth an estimated £574,904.

This is based on house price inflation of 75.5%, between April 2006 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 75.5% inflationary increase is applied to the most recent sale price for 1 PARK DRIVE of £327,500 on 19th April 2006. For the value to have increased from £327,500 to £574,904 over the nineteen years and two months to February 2025, the following assumptions must hold true:

• The value of 1 PARK DRIVE has moved in line with the HPI for detached houses in the Dorset local authority area.
• The April 2006 sale price of £327,500 represented a fair market value for the property.
• The size, condition, and specification of 1 PARK DRIVE has not materially changed since April 2006.

How Large is 1 PARK DRIVE?

1 PARK DRIVE is 159m², which includes two extensions, according to the EPC inspection conducted in October 2020. This puts it in the largest 20% 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 PARK DRIVE lies on this distribution: 88% of detached houses houses are smaller than 1 PARK DRIVE, and 12% of houses are larger. Note that EPC data is not available for all properties in Verwood.

1 PARK DRIVE: Plot and Title Map

1 PARK DRIVE sits on a plot of roughly 0.370 of an acre, or 1,498m². The below map shows the location of 1 PARK DRIVE, 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 PARK DRIVE). 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 PARK DRIVE?

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