2, PENNINGTON CLOSE, WEST MOORS, FERNDOWN, BH22 0JU - £232,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

2 PENNINGTON CLOSE is a very small detached house of 74m², built sometime between 1967 and 1975, which could now be worth an estimated £363,347. It was last sold for £232,000 in June 2012, which was around 30% below the average June 2012 detached price in the Dorset local authority area. The most recent EPC inspection was November 2010, where the current energy rating was E, and the potential energy rating was C.

2 PENNINGTON CLOSE Sold Prices

Land registry data shows three sales for 2 PENNINGTON 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 PENNINGTON CLOSE 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
2012 1 JUN	£232,000	£332,669	30% below HPI
2002 28 FEB	£148,000	£200,649	26% below HPI
2002 4 JAN	£142,950	£197,035	27% below HPI

2 PENNINGTON 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 PENNINGTON CLOSE sales between January 2002 and June 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 February 2002 sale was for 26% below the HPI. So the extrapolation line tracks at 26% below the HPI over time, until the June 2012 sale, where it falls to 30% below the HPI. The line then continues to track at 30% below the HPI.

What might 2 PENNINGTON CLOSE be worth now?

2 PENNINGTON CLOSE might now be worth an estimated £363,347.

This is based on house price inflation of 56.6%, between June 2012 and December 2024, 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 56.6% inflationary increase is applied to the most recent sale price for 2 PENNINGTON CLOSE of £232,000 on 1st June 2012. For the value to have increased from £232,000 to £363,347 over the eleven years and six months to December 2024, the following assumptions must hold true:

• The value of 2 PENNINGTON CLOSE has moved in line with the HPI for detached houses in the Dorset local authority area.
• The June 2012 sale price of £232,000 represented a fair market value for the property.
• The size, condition, and specification of 2 PENNINGTON CLOSE has not materially changed since June 2012.

How Large is 2 PENNINGTON CLOSE?

2 PENNINGTON CLOSE is 74m² according to the EPC inspection conducted in November 2010. This puts it in the smallest 20% of detached houses houses in West Moors, based on EPC data. The below chart shows the distribution of detached houses houses by size in West Moors, and where 2 PENNINGTON CLOSE lies on this distribution: 14% of detached houses houses are smaller than 2 PENNINGTON CLOSE, and 86% of houses are larger. Note that EPC data is not available for all properties in West Moors.

2 PENNINGTON CLOSE: Plot and Title Map

2 PENNINGTON CLOSE sits on a plot of roughly 0.117 of an acre, or 474m². The below map shows the location of 2 PENNINGTON 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 PENNINGTON 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 PENNINGTON CLOSE?

2 PENNINGTON CLOSE is located in WEST MOORS, in the BH22 postcode district. The below map shows the position of No. 2 on PENNINGTON CLOSE.