2, OLD PINES CLOSE, FERNDOWN, BH22 8DR - £614,000

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 OLD PINES CLOSE is a midsized extended detached house of 125m², built sometime between 1950 and 1966. It was last sold for £614,000 in December 2023, which was around 20% above the average December 2023 detached price in the Dorset local authority area. The most recent EPC inspection was April 2023, where the current energy rating was D, and the potential energy rating was B.

2 OLD PINES CLOSE Sold Prices

Land registry data shows three sales for 2 OLD PINES 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. All of the three 2 OLD PINES CLOSE 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
2023 8 DEC	£614,000	£510,251	20% above HPI
2016 1 DEC	£455,000	£398,160	14% above HPI
2006 31 AUG	£345,000	£304,056	13% above HPI

2 OLD PINES 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 OLD PINES CLOSE sales between August 2006 and December 2023 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 December 2016 sale was for 14% above the HPI. So the extrapolation line tracks at 14% above the HPI over time, until the December 2023 sale, where it rises to 20% above the HPI. The line then continues to track at 20% above the HPI.

How Large is 2 OLD PINES CLOSE?

2 OLD PINES CLOSE is 125m², which includes one extension, according to the EPC inspection conducted in April 2023. This puts it in the largest 50% of detached houses in Ferndown, based on EPC data. The below chart shows the distribution of detached houses by size in Ferndown, and where 2 OLD PINES CLOSE lies on this distribution: 55% of detached houses are smaller than 2 OLD PINES CLOSE, and 44% of houses are larger. Note that EPC data is not available for all properties in Ferndown.

2 OLD PINES CLOSE: Plot and Title Map

2 OLD PINES CLOSE sits on a plot of roughly 0.169 of an acre, or 685m². The below map shows the location of 2 OLD PINES 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 OLD PINES 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 OLD PINES CLOSE?

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