2, OAKS MEAD, VERWOOD, BH31 6LJ - £475,000

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 OAKS MEAD is a large extended detached house of 121m², built sometime between 1996 and 2002, which could now be worth an estimated £537,806. It was last sold for £475,000 in January 2021, which was around 2% above the average January 2021 detached price in the Dorset local authority area. The most recent EPC inspection was August 2020, where the current energy rating was C, and the potential energy rating was B.

2 OAKS MEAD Sold Prices

Land registry data shows four sales for 2 OAKS MEAD 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. Most of the four 2 OAKS MEAD sales were 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
2021 21 JAN	£475,000	£466,720	2% above HPI
2008 7 AUG	£277,500	£326,195	15% below HPI
2000 20 APR	£180,000	£157,008	15% above HPI
1997 18 DEC	£129,950	£117,695	10% above HPI

2 OAKS MEAD 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 OAKS MEAD sales between December 1997 and January 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 August 2008 sale was for 15% below the HPI. So the extrapolation line tracks at 15% below the HPI over time, until the January 2021 sale, where it rises to 2% above the HPI. The line then continues to track at 2% above the HPI.

What might 2 OAKS MEAD be worth now?

2 OAKS MEAD might now be worth an estimated £537,806.

This is based on house price inflation of 13.2%, between January 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 13.2% inflationary increase is applied to the most recent sale price for 2 OAKS MEAD of £475,000 on 21st January 2021. For the value to have increased from £475,000 to £537,806 over the three years and eleven months to February 2025, the following assumptions must hold true:

• The value of 2 OAKS MEAD has moved in line with the HPI for detached houses in the Dorset local authority area.
• The January 2021 sale price of £475,000 represented a fair market value for the property.
• The size, condition, and specification of 2 OAKS MEAD has not materially changed since January 2021.

How Large is 2 OAKS MEAD?

2 OAKS MEAD is 121m², which includes one extension, according to the EPC inspection conducted in August 2020. This puts it in the largest 40% of detached houses houses in Verwood, based on EPC data. The below chart shows the distribution of detached houses houses by size in Verwood, and where 2 OAKS MEAD lies on this distribution: 62% of detached houses houses are smaller than 2 OAKS MEAD, and 37% of houses are larger. Note that EPC data is not available for all properties in Verwood.

2 OAKS MEAD: Plot and Title Map

2 OAKS MEAD sits on a plot of roughly 0.078 of an acre, or 317m². The below map shows the location of 2 OAKS MEAD, 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 OAKS MEAD). 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 OAKS MEAD?

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