121, NEW ROAD, WEST PARLEY, FERNDOWN, BH22 8EA - £445,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

121 NEW ROAD is a very small detached house of 84m², built sometime between 1950 and 1966. It was last sold for £445,000 in July 2024, which was around 14% below the average July 2024 detached price in the Dorset local authority area. The most recent EPC inspection was November 2023, where the current energy rating was E, and the potential energy rating was C.

121 NEW ROAD Sold Prices

Land registry data shows three sales for 121 NEW ROAD 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 121 NEW ROAD 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
2024 17 JUL	£445,000	£519,001	14% below HPI
2008 31 OCT	£295,000	£303,518	3% below HPI
2007 16 MAY	£285,000	£323,449	12% below HPI

121 NEW ROAD 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 121 NEW ROAD sales between May 2007 and July 2024 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 October 2008 sale was for 3% below the HPI. So the extrapolation line tracks at 3% below the HPI over time, until the July 2024 sale, where it falls to 14% below the HPI. The line then continues to track at 14% below the HPI.

How Large is 121 NEW ROAD?

121 NEW ROAD is 84m² according to the EPC inspection conducted in November 2023. This puts it in the smallest 10% of detached houses in West Parley, based on EPC data. The below chart shows the distribution of detached houses by size in West Parley, and where 121 NEW ROAD lies on this distribution: 8% of detached houses are smaller than 121 NEW ROAD, and 92% of houses are larger. Note that EPC data is not available for all properties in West Parley.

121 NEW ROAD: Plot and Title Map

121 NEW ROAD sits on a plot of roughly 0.162 of an acre, or 656m². The below map shows the location of 121 NEW ROAD, 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 121 NEW ROAD). 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 121 NEW ROAD?

121 NEW ROAD is located in WEST PARLEY, in the BH22 postcode district. The below map shows the position of No. 121 on NEW ROAD.