10, LAKE FARM CLOSE, FERNDOWN, BH22 9BP - £550,000

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.

10 LAKE FARM CLOSE is a large extended detached house of 134m², built sometime between 2003 and 2006, which could now be worth an estimated £580,936. It was last sold for £550,000 in December 2021, which was around 10% above the average December 2021 detached price in the Dorset local authority area. The most recent EPC inspection was July 2021, where the current energy rating was C, and the potential energy rating was B.

10 LAKE FARM CLOSE Sold Prices

Land registry data shows three sales for 10 LAKE FARM 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 10 LAKE FARM CLOSE sales were for above 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 10 DEC	£550,000	£500,291	10% above HPI
2013 16 APR	£350,000	£331,843	5% above HPI
2004 5 APR	£377,500	£277,346	36% above HPI

10 LAKE FARM 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 10 LAKE FARM CLOSE sales between April 2004 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 April 2013 sale was for 5% above the HPI. So the extrapolation line tracks at 5% above the HPI over time, until the December 2021 sale, where it rises to 10% above the HPI. The line then continues to track at 10% above the HPI.

What might 10 LAKE FARM CLOSE be worth now?

10 LAKE FARM CLOSE might now be worth an estimated £580,936.

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 10 LAKE FARM CLOSE of £550,000 on 10th December 2021. For the value to have increased from £550,000 to £580,936 over the four years and ten months to February 2025, the following assumptions must hold true:

• The value of 10 LAKE FARM CLOSE has moved in line with the HPI for detached houses in the Dorset local authority area.
• The December 2021 sale price of £550,000 represented a fair market value for the property.
• The size, condition, and specification of 10 LAKE FARM CLOSE has not materially changed since December 2021.

How Large is 10 LAKE FARM CLOSE?

10 LAKE FARM CLOSE is 134m², which includes one extension, according to the EPC inspection conducted in July 2021. This puts it in the largest 40% of detached houses houses in Longham, based on EPC data. The below chart shows the distribution of detached houses houses by size in Longham, and where 10 LAKE FARM CLOSE lies on this distribution: 65% of detached houses houses are smaller than 10 LAKE FARM CLOSE, and 35% of houses are larger. Note that EPC data is not available for all properties in Longham.

10 LAKE FARM CLOSE: Plot and Title Map

10 LAKE FARM CLOSE sits on a plot of roughly 0.058 of an acre, or 235m². The below map shows the location of 10 LAKE FARM 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 10 LAKE FARM 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 10 LAKE FARM CLOSE?

10 LAKE FARM CLOSE is located in FERNDOWN, in the BH22 postcode district. The below map shows the position of No. 10 on LAKE FARM CLOSE.