17, OAKWOOD DRIVE, IWERNE MINSTER, BLANDFORD FORUM, DT11 8QT - £425,000

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.

17 OAKWOOD DRIVE is a very small detached house of 78m², built sometime between 1950 and 1966, which could now be worth an estimated £403,317. It was last sold for £425,000 in October 2022, which was around 24% below the average October 2022 detached price in the Dorset local authority area. The most recent EPC inspection was March 2022, where the current energy rating was E, and the potential energy rating was B.

17 OAKWOOD DRIVE Sold Prices

Land registry data shows two sales for 17 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 17 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
2022 27 OCT	£425,000	£556,840	24% below HPI
1998 11 SEP	£112,000	£128,537	13% below HPI

17 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 17 OAKWOOD DRIVE sales from September 1998 and October 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 September 1998 sale was for 13% below the HPI. So the extrapolation line tracks at 13% below the HPI over time, until the October 2022 sale, where it falls to 24% below the HPI. The line then continues to track at 24% below the HPI.

What might 17 OAKWOOD DRIVE be worth now?

17 OAKWOOD DRIVE might now be worth an estimated £403,317.

This is based on house price deflation of 5.1%, between October 2022 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 5.1% deflationary decrease is applied to the most recent sale price for 17 OAKWOOD DRIVE of £425,000 on 27th October 2022. For the value to have decreased from £425,000 to £403,317 over the three years and eight months to February 2025, the following assumptions must hold true:

• The value of 17 OAKWOOD DRIVE has moved in line with the HPI for detached houses in the Dorset local authority area.
• The October 2022 sale price of £425,000 represented a fair market value for the property.
• The size, condition, and specification of 17 OAKWOOD DRIVE has not materially changed since October 2022.

How Large is 17 OAKWOOD DRIVE?

17 OAKWOOD DRIVE is 78m² according to the EPC inspection conducted in March 2022. This puts it in the smallest 10% 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 17 OAKWOOD DRIVE lies on this distribution: 5% of detached houses houses are smaller than 17 OAKWOOD DRIVE, and 94% of houses are larger. Note that EPC data is not available for all properties in Iwerne Minster.

17 OAKWOOD DRIVE: Plot and Title Map

17 OAKWOOD DRIVE sits on a plot of roughly 0.133 of an acre, or 539m². The below map shows the location of 17 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 17 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 17 OAKWOOD DRIVE?

17 OAKWOOD DRIVE is located in IWERNE MINSTER, in the DT11 postcode district. The below map shows the position of No. 17 on OAKWOOD DRIVE.