16, OAKWOOD DRIVE, IWERNE MINSTER, BLANDFORD FORUM, DT11 8QT - £320,000

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.

16 OAKWOOD DRIVE is a small detached house of 105m², built sometime between 1950 and 1966, which could now be worth an estimated £383,646. It was last sold for £320,000 in September 2020, which was around 27% below the average September 2020 detached price in the Dorset local authority area. The most recent EPC inspection was March 2019, where the current energy rating was F, and the potential energy rating was D.

16 OAKWOOD DRIVE Sold Prices

Land registry data shows two sales for 16 OAKWOOD DRIVE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Dorset local authority area for the corresponding sale date. Both of the two 16 OAKWOOD DRIVE 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
2020 14 SEP	£320,000	£440,766	27% below HPI
1999 16 SEP	£107,000	£141,851	25% below HPI

16 OAKWOOD 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 two 16 OAKWOOD DRIVE sales from September 1999 and September 2020 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 September 1999 sale was for 25% below the HPI. So the extrapolation line tracks at 25% below the HPI over time, until the September 2020 sale, where it falls to 27% below the HPI. The line then continues to track at 27% below the HPI.

What might 16 OAKWOOD DRIVE be worth now?

16 OAKWOOD DRIVE might now be worth an estimated £383,646.

This is based on house price inflation of 19.9%, between September 2020 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 19.9% inflationary increase is applied to the most recent sale price for 16 OAKWOOD DRIVE of £320,000 on 14th September 2020. For the value to have increased from £320,000 to £383,646 over the five years and seven months to February 2025, the following assumptions must hold true:

• The value of 16 OAKWOOD DRIVE has moved in line with the HPI for detached houses in the Dorset local authority area.
• The September 2020 sale price of £320,000 represented a fair market value for the property.
• The size, condition, and specification of 16 OAKWOOD DRIVE has not materially changed since September 2020.

How Large is 16 OAKWOOD DRIVE?

16 OAKWOOD DRIVE is 105m² according to the EPC inspection conducted in March 2019. This puts it in the smallest 30% of detached houses houses in Iwerne Minster, based on EPC data. The below chart shows the distribution of detached houses houses by size in Iwerne Minster, and where 16 OAKWOOD DRIVE lies on this distribution: 25% of detached houses houses are smaller than 16 OAKWOOD DRIVE, and 73% of houses are larger. Note that EPC data is not available for all properties in Iwerne Minster.

16 OAKWOOD DRIVE: Plot and Title Map

16 OAKWOOD DRIVE sits on a plot of roughly 0.165 of an acre, or 669m². The below map shows the location of 16 OAKWOOD 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 16 OAKWOOD 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 16 OAKWOOD DRIVE?

16 OAKWOOD DRIVE is located in IWERNE MINSTER, in the DT11 postcode district. The below map shows the position of No. 16 on OAKWOOD DRIVE.