11, OAKS MEAD, VERWOOD, BH31 6LJ - £470,000

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.

11 OAKS MEAD is a very large extended detached house of 160m², built sometime between 1996 and 2002, which could now be worth an estimated £579,777. It was last sold for £470,000 in August 2019, which was around 10% above the average August 2019 detached price in the Dorset local authority area. The most recent EPC inspection was June 2019, where the current energy rating was C, and the potential energy rating was B.

11 OAKS MEAD Sold Prices

Land registry data shows four sales for 11 OAKS MEAD since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Dorset local authority area for the corresponding sale date. two of the four 11 OAKS MEAD sales were for above the average price, and four 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
2019 20 AUG	£470,000	£428,376	10% above HPI
2017 5 JAN	£450,000	£413,838	9% above HPI
2006 16 JUN	£250,000	£309,877	19% below HPI
1998 14 DEC	£120,000	£131,296	9% below HPI

11 OAKS MEAD 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 four 11 OAKS MEAD sales between December 1998 and August 2019 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 2017 sale was for 9% above the HPI. So the extrapolation line tracks at 9% above the HPI over time, until the August 2019 sale, where it rises to 10% above the HPI. The line then continues to track at 10% above the HPI.

What might 11 OAKS MEAD be worth now?

11 OAKS MEAD might now be worth an estimated £579,777.

This is based on house price inflation of 23.4%, between August 2019 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 23.4% inflationary increase is applied to the most recent sale price for 11 OAKS MEAD of £470,000 on 20th August 2019. For the value to have increased from £470,000 to £579,777 over the six years and six months to February 2025, the following assumptions must hold true:

• The value of 11 OAKS MEAD has moved in line with the HPI for detached houses in the Dorset local authority area.
• The August 2019 sale price of £470,000 represented a fair market value for the property.
• The size, condition, and specification of 11 OAKS MEAD has not materially changed since August 2019.

How Large is 11 OAKS MEAD?

11 OAKS MEAD is 160m², which includes one extension, according to the EPC inspection conducted in June 2019. 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 11 OAKS MEAD lies on this distribution: 88% of detached houses houses are smaller than 11 OAKS MEAD, and 12% of houses are larger. Note that EPC data is not available for all properties in Verwood.

11 OAKS MEAD: Plot and Title Map

11 OAKS MEAD sits on a plot of roughly 0.072 of an acre, or 292m². The below map shows the location of 11 OAKS MEAD, 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 11 OAKS MEAD). 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 11 OAKS MEAD?

11 OAKS MEAD is located in VERWOOD, in the BH31 postcode district. The below map shows the position of No. 11 on OAKS MEAD.