1, STRATHMORE DRIVE, VERWOOD, BH31 7BJ - £485,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

1 STRATHMORE DRIVE is a very small detached house of 72m², built sometime between 1967 and 1975. It was last sold for £485,000 in August 2023, which was around 5% below the average August 2023 detached price in the Dorset local authority area. The most recent EPC inspection was November 2016, where the current energy rating was D, and the potential energy rating was B.

1 STRATHMORE DRIVE Sold Prices

Land registry data shows five sales for 1 STRATHMORE DRIVE since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the Dorset local authority area for the corresponding sale date. All of the five 1 STRATHMORE DRIVE 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
2023 15 AUG	£485,000	£512,186	5% below HPI
2017 6 MAR	£321,000	£403,460	20% below HPI
2004 11 AUG	£247,500	£281,221	12% below HPI
1998 20 FEB	£95,000	£114,669	17% below HPI
1997 30 SEP	£100,000	£111,463	10% below HPI

1 STRATHMORE 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 five 1 STRATHMORE DRIVE sales between September 1997 and August 2023 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 March 2017 sale was for 20% below the HPI. So the extrapolation line tracks at 20% below the HPI over time, until the August 2023 sale, where it rises to 5% below the HPI. The line then continues to track at 5% below the HPI.

How Large is 1 STRATHMORE DRIVE?

1 STRATHMORE DRIVE is 72m² according to the EPC inspection conducted in November 2016. This puts it in the smallest 10% of detached houses in Verwood, based on EPC data. The below chart shows the distribution of detached houses by size in Verwood, and where 1 STRATHMORE DRIVE lies on this distribution: 5% of detached houses are smaller than 1 STRATHMORE DRIVE, and 95% of houses are larger. Note that EPC data is not available for all properties in Verwood.

1 STRATHMORE DRIVE: Plot and Title Map

1 STRATHMORE DRIVE sits on a plot of roughly 0.143 of an acre, or 580m². The below map shows the location of 1 STRATHMORE 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 STRATHMORE 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 STRATHMORE DRIVE?

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