15, MAGNOLIA CLOSE, VERWOOD, BH31 6UH - £575,000

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

15 MAGNOLIA CLOSE is a large detached house of 123m², built sometime between 1976 and 1982. It was last sold for £575,000 in December 2022, which was around 9% above the average December 2022 detached price in the Dorset local authority area. The most recent EPC inspection was May 2022, where the current energy rating was C, and the potential energy rating was B.

15 MAGNOLIA CLOSE Sold Prices

Land registry data shows four sales for 15 MAGNOLIA CLOSE 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. Most of the four 15 MAGNOLIA 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
2022 1 DEC	£575,000	£528,604	9% above HPI
2016 31 OCT	£420,000	£399,387	5% above HPI
2012 4 MAY	£320,000	£318,235	1% above HPI
2009 25 SEP	£250,000	£296,860	16% below HPI

15 MAGNOLIA 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 four 15 MAGNOLIA CLOSE sales between September 2009 and December 2022 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 2016 sale was for 5% above the HPI. So the extrapolation line tracks at 5% above the HPI over time, until the December 2022 sale, where it rises to 9% above the HPI. The line then continues to track at 9% above the HPI.

How Large is 15 MAGNOLIA CLOSE?

15 MAGNOLIA CLOSE is 123m² according to the EPC inspection conducted in May 2022. This puts it in the largest 40% of detached houses in Verwood, based on EPC data. The below chart shows the distribution of detached houses by size in Verwood, and where 15 MAGNOLIA CLOSE lies on this distribution: 64% of detached houses are smaller than 15 MAGNOLIA CLOSE, and 35% of houses are larger. Note that EPC data is not available for all properties in Verwood.

15 MAGNOLIA CLOSE: Plot and Title Map

15 MAGNOLIA CLOSE sits on a plot of roughly 0.154 of an acre, or 622m². The below map shows the location of 15 MAGNOLIA 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 15 MAGNOLIA 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 15 MAGNOLIA CLOSE?

15 MAGNOLIA CLOSE is located in VERWOOD, in the BH31 postcode district. The below map shows the position of No. 15 on MAGNOLIA CLOSE.