15B, PARK LANE, ALDERHOLT, FORDINGBRIDGE, SP6 3AJ - £615,000

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.

15B PARK LANE is a very large extended detached house of 207m², built sometime from 2007 onwards, which could now be worth an estimated £730,818. It was last sold for £615,000 in August 2018, which was around 38% above the average August 2018 detached price in the Dorset local authority area. The most recent EPC inspection was July 2017, where the current energy rating was C, and the potential energy rating was B.

15B PARK LANE Sold Prices

Land registry data shows three sales for 15B PARK LANE 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 15B PARK LANE 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
2018 15 AUG	£615,000	£444,687	38% above HPI
2013 5 NOV	£420,000	£346,823	21% above HPI
2010 18 FEB	£417,290	£322,551	29% above HPI

15B PARK LANE 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 15B PARK LANE sales between February 2010 and August 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 November 2013 sale was for 21% above the HPI. So the extrapolation line tracks at 21% above the HPI over time, until the August 2018 sale, where it rises to 38% above the HPI. The line then continues to track at 38% above the HPI.

What might 15B PARK LANE be worth now?

15B PARK LANE might now be worth an estimated £730,818.

This is based on house price inflation of 18.8%, between August 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 18.8% inflationary increase is applied to the most recent sale price for 15B PARK LANE of £615,000 on 15th August 2018. For the value to have increased from £615,000 to £730,818 over the seven years and six months to February 2025, the following assumptions must hold true:

• The value of 15B PARK LANE has moved in line with the HPI for detached houses in the Dorset local authority area.
• The August 2018 sale price of £615,000 represented a fair market value for the property.
• The size, condition, and specification of 15B PARK LANE has not materially changed since August 2018.

How Large is 15B PARK LANE?

15B PARK LANE is 207m², which includes one extension, according to the EPC inspection conducted in July 2017. This puts it in the largest 10% of detached houses houses in Alderholt, based on EPC data. The below chart shows the distribution of detached houses houses by size in Alderholt, and where 15B PARK LANE lies on this distribution: 97% of detached houses houses are smaller than 15B PARK LANE, and 3% of houses are larger. Note that EPC data is not available for all properties in Alderholt.

15B PARK LANE: Plot and Title Map

15B PARK LANE sits on a plot of roughly 0.199 of an acre, or 805m². The below map shows the location of 15B PARK LANE, 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 15B PARK LANE). 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 15B PARK LANE?

15B PARK LANE is located in ALDERHOLT, in the SP6 postcode district. The below map shows the position of No. 15B on PARK LANE.