2, BAY CLOSE, SWANAGE, BH19 1RE - £595,000

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.

2 BAY CLOSE is a midsized detached house of 105m², built sometime between 1950 and 1966, which could now be worth an estimated £683,316. It was last sold for £595,000 in February 2021, which was around 29% above the average February 2021 detached price in the Dorset local authority area. The most recent EPC inspection was September 2018, where the current energy rating was D, and the potential energy rating was C.

2 BAY CLOSE Sold Prices

Land registry data shows three sales for 2 BAY CLOSE 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. Two of the three 2 BAY CLOSE sales were for above the average price, whilst one was 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
2021 24 FEB	£595,000	£460,133	29% above HPI
2005 27 OCT	£329,000	£301,700	9% above HPI
2002 31 JAN	£179,950	£197,035	9% below HPI

2 BAY 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 three 2 BAY CLOSE sales between January 2002 and February 2021 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 2005 sale was for 9% above the HPI. So the extrapolation line tracks at 9% above the HPI over time, until the February 2021 sale, where it rises to 29% above the HPI. The line then continues to track at 29% above the HPI.

What might 2 BAY CLOSE be worth now?

2 BAY CLOSE might now be worth an estimated £683,316.

This is based on house price inflation of 14.8%, between February 2021 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 14.8% inflationary increase is applied to the most recent sale price for 2 BAY CLOSE of £595,000 on 24th February 2021. For the value to have increased from £595,000 to £683,316 over the four years to February 2025, the following assumptions must hold true:

• The value of 2 BAY CLOSE has moved in line with the HPI for detached houses in the Dorset local authority area.
• The February 2021 sale price of £595,000 represented a fair market value for the property.
• The size, condition, and specification of 2 BAY CLOSE has not materially changed since February 2021.

How Large is 2 BAY CLOSE?

2 BAY CLOSE is 105m² according to the EPC inspection conducted in September 2018. This puts it in the smallest 50% of detached houses houses in Swanage, based on EPC data. The below chart shows the distribution of detached houses houses by size in Swanage, and where 2 BAY CLOSE lies on this distribution: 46% of detached houses houses are smaller than 2 BAY CLOSE, and 53% of houses are larger. Note that EPC data is not available for all properties in Swanage.

2 BAY CLOSE: Plot and Title Map

2 BAY CLOSE sits on a plot of roughly 0.103 of an acre, or 415m². The below map shows the location of 2 BAY 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 2 BAY 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 2 BAY CLOSE?

2 BAY CLOSE is located in SWANAGE, in the BH19 postcode district. The below map shows the position of No. 2 on BAY CLOSE.