12, MONKWORTHY DRIVE, ASHLEY HEATH, RINGWOOD, BH24 2JJ - £466,000

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.

12 MONKWORTHY DRIVE is a very small detached house of 86m², built sometime between 1967 and 1975, which could now be worth an estimated £561,864. It was last sold for £466,000 in November 2018, which was around 6% above the average November 2018 detached price in the Dorset local authority area. The most recent EPC inspection was February 2018, where the current energy rating was D, and the potential energy rating was B.

12 MONKWORTHY DRIVE Sold Prices

Land registry data shows three sales for 12 MONKWORTHY DRIVE 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. Two of the three 12 MONKWORTHY DRIVE sales were for above the average price, whilst one 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
2018 9 NOV	£466,000	£438,271	6% above HPI
2015 29 MAY	£380,000	£370,607	3% above HPI
1999 14 JAN	£114,950	£131,496	13% below HPI

12 MONKWORTHY 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 three 12 MONKWORTHY DRIVE sales between January 1999 and November 2018 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 2015 sale was for 3% above the HPI. So the extrapolation line tracks at 3% above the HPI over time, until the November 2018 sale, where it rises to 6% above the HPI. The line then continues to track at 6% above the HPI.

What might 12 MONKWORTHY DRIVE be worth now?

12 MONKWORTHY DRIVE might now be worth an estimated £561,864.

This is based on house price inflation of 20.6%, between November 2018 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 20.6% inflationary increase is applied to the most recent sale price for 12 MONKWORTHY DRIVE of £466,000 on 9th November 2018. For the value to have increased from £466,000 to £561,864 over the seven years and nine months to February 2025, the following assumptions must hold true:

• The value of 12 MONKWORTHY DRIVE has moved in line with the HPI for detached houses in the Dorset local authority area.
• The November 2018 sale price of £466,000 represented a fair market value for the property.
• The size, condition, and specification of 12 MONKWORTHY DRIVE has not materially changed since November 2018.

How Large is 12 MONKWORTHY DRIVE?

12 MONKWORTHY DRIVE is 86m² according to the EPC inspection conducted in February 2018. This puts it in the smallest 10% of detached houses houses in Ashley Heath, based on EPC data. The below chart shows the distribution of detached houses houses by size in Ashley Heath, and where 12 MONKWORTHY DRIVE lies on this distribution: 2% of detached houses houses are smaller than 12 MONKWORTHY DRIVE, and 98% of houses are larger. Note that EPC data is not available for all properties in Ashley Heath.

12 MONKWORTHY DRIVE: Plot and Title Map

12 MONKWORTHY DRIVE sits on a plot of roughly 0.149 of an acre, or 602m². The below map shows the location of 12 MONKWORTHY 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 12 MONKWORTHY 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 12 MONKWORTHY DRIVE?

12 MONKWORTHY DRIVE is located in ASHLEY HEATH, in the BH24 postcode district. The below map shows the position of No. 12 on MONKWORTHY DRIVE.