2, LAKE FARM CLOSE, FERNDOWN, BH22 9BP - £280,000

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 LAKE FARM CLOSE is a midsized detached house of 125m², built sometime between 1996 and 2002, which could now be worth an estimated £450,899. It was last sold for £280,000 in May 2012, which was around 15% below the average May 2012 detached price in the Dorset local authority area. The most recent EPC inspection was April 2024, where the current energy rating was C, and the potential energy rating was B.

2 LAKE FARM CLOSE Sold Prices

Land registry data shows three sales for 2 LAKE FARM 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 LAKE FARM CLOSE sales were for below the average price, whilst one was 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
2012 31 MAY	£280,000	£328,146	15% below HPI
2009 27 AUG	£250,000	£302,268	17% below HPI
2003 2 DEC	£345,000	£269,490	28% above HPI

2 LAKE FARM 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 LAKE FARM CLOSE sales between December 2003 and May 2012 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 August 2009 sale was for 17% below the HPI. So the extrapolation line tracks at 17% below the HPI over time, until the May 2012 sale, where it rises to 15% below the HPI. The line then continues to track at 15% below the HPI.

What might 2 LAKE FARM CLOSE be worth now?

2 LAKE FARM CLOSE might now be worth an estimated £450,899.

This is based on house price inflation of 61%, between May 2012 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 61% inflationary increase is applied to the most recent sale price for 2 LAKE FARM CLOSE of £280,000 on 31st May 2012. For the value to have increased from £280,000 to £450,899 over the thirteen years and three months to February 2025, the following assumptions must hold true:

• The value of 2 LAKE FARM CLOSE has moved in line with the HPI for detached houses in the Dorset local authority area.
• The May 2012 sale price of £280,000 represented a fair market value for the property.
• The size, condition, and specification of 2 LAKE FARM CLOSE has not materially changed since May 2012.

How Large is 2 LAKE FARM CLOSE?

2 LAKE FARM CLOSE is 125m² according to the EPC inspection conducted in April 2024. This puts it in the largest 50% of detached houses houses in Longham, based on EPC data. The below chart shows the distribution of detached houses houses by size in Longham, and where 2 LAKE FARM CLOSE lies on this distribution: 57% of detached houses houses are smaller than 2 LAKE FARM CLOSE, and 43% of houses are larger. Note that EPC data is not available for all properties in Longham.

2 LAKE FARM CLOSE: Plot and Title Map

2 LAKE FARM CLOSE sits on a plot of roughly 0.059 of an acre, or 240m². The below map shows the location of 2 LAKE FARM 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 LAKE FARM 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 LAKE FARM CLOSE?

2 LAKE FARM CLOSE is located in FERNDOWN, in the BH22 postcode district. The below map shows the position of No. 2 on LAKE FARM CLOSE.