2, MAYFIELD WAY, FERNDOWN, BH22 9HP - £360,000

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 MAYFIELD WAY is a small detached house of 93m², built sometime between 1967 and 1975, which could now be worth an estimated £434,064. It was last sold for £360,000 in February 2020, which was around 18% below the average February 2020 detached price in the Dorset local authority area. The most recent EPC inspection was November 2019, where the current energy rating was D, and the potential energy rating was B.

2 MAYFIELD WAY Sold Prices

Land registry data shows two sales for 2 MAYFIELD WAY 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 2 MAYFIELD WAY 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 28 FEB	£360,000	£438,265	18% below HPI
1996 21 OCT	£81,000	£101,585	20% below HPI

2 MAYFIELD WAY 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 2 MAYFIELD WAY sales from October 1996 and February 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 October 1996 sale was for 20% below the HPI. So the extrapolation line tracks at 20% below the HPI over time, until the February 2020 sale, where it rises to 18% below the HPI. The line then continues to track at 18% below the HPI.

What might 2 MAYFIELD WAY be worth now?

2 MAYFIELD WAY might now be worth an estimated £434,064.

This is based on house price inflation of 20.6%, between February 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 20.6% inflationary increase is applied to the most recent sale price for 2 MAYFIELD WAY of £360,000 on 28th February 2020. For the value to have increased from £360,000 to £434,064 over the five years to February 2025, the following assumptions must hold true:

• The value of 2 MAYFIELD WAY has moved in line with the HPI for detached houses in the Dorset local authority area.
• The February 2020 sale price of £360,000 represented a fair market value for the property.
• The size, condition, and specification of 2 MAYFIELD WAY has not materially changed since February 2020.

How Large is 2 MAYFIELD WAY?

2 MAYFIELD WAY is 93m² according to the EPC inspection conducted in November 2019. This puts it in the smallest 30% of detached houses houses in Ferndown, based on EPC data. The below chart shows the distribution of detached houses houses by size in Ferndown, and where 2 MAYFIELD WAY lies on this distribution: 25% of detached houses houses are smaller than 2 MAYFIELD WAY, and 75% of houses are larger. Note that EPC data is not available for all properties in Ferndown.

2 MAYFIELD WAY: Plot and Title Map

2 MAYFIELD WAY sits on a plot of roughly 0.148 of an acre, or 600m². The below map shows the location of 2 MAYFIELD WAY, 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 MAYFIELD WAY). 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 MAYFIELD WAY?

2 MAYFIELD WAY is located in FERNDOWN, in the BH22 postcode district. The below map shows the position of No. 2 on MAYFIELD WAY.