2, FOREST LANE, VERWOOD, BH31 6PU - £343,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

2 FOREST LANE is a very small detached house of 80m², built sometime between 1996 and 2002. It was last sold for £343,000 in May 2020, which was around 19% below the average May 2020 detached price in the Dorset local authority area. The most recent EPC inspection was January 2012, where the current energy rating was D, and the potential energy rating was C.

2 FOREST LANE Sold Prices

Land registry data shows four sales for 2 FOREST LANE 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. All of the four 2 FOREST LANE 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 29 MAY	£343,000	£425,560	19% below HPI
2012 26 APR	£262,500	£316,287	17% below HPI
2007 30 NOV	£264,000	£340,514	22% below HPI
2000 30 JUN	£140,000	£159,553	12% below HPI

2 FOREST 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 four 2 FOREST LANE sales between June 2000 and May 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 April 2012 sale was for 17% below the HPI. So the extrapolation line tracks at 17% below the HPI over time, until the May 2020 sale, where it falls to 19% below the HPI. The line then continues to track at 19% below the HPI.

How Large is 2 FOREST LANE?

2 FOREST LANE is 80m² according to the EPC inspection conducted in January 2012. This puts it in the smallest 20% of detached houses in Verwood, based on EPC data. The below chart shows the distribution of detached houses by size in Verwood, and where 2 FOREST LANE lies on this distribution: 14% of detached houses are smaller than 2 FOREST LANE, and 86% of houses are larger. Note that EPC data is not available for all properties in Verwood.

2 FOREST LANE: Plot and Title Map

2 FOREST LANE sits on a plot of roughly 0.049 of an acre, or 200m². The below map shows the location of 2 FOREST 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 2 FOREST 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 2 FOREST LANE?

2 FOREST LANE is located in VERWOOD, in the BH31 postcode district. The below map shows the position of No. 2 on FOREST LANE.