2, PINE WALK, VERWOOD, BH31 6TJ - £385,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

2 PINE WALK is a very small detached house of 76m², built sometime between 1967 and 1975. It was last sold for £385,000 in February 2024, which was around 24% below the average February 2024 detached price in the Dorset local authority area. The most recent EPC inspection was November 2023, where the current energy rating was D, and the potential energy rating was B.

2 PINE WALK Sold Prices

Land registry data shows two sales for 2 PINE WALK 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 PINE WALK 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
2024 16 FEB	£385,000	£503,437	24% below HPI
1997 28 FEB	£86,500	£99,211	13% below HPI

2 PINE WALK 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 PINE WALK sales from February 1997 and February 2024 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 1997 sale was for 13% below the HPI. So the extrapolation line tracks at 13% below the HPI over time, until the February 2024 sale, where it falls to 24% below the HPI. The line then continues to track at 24% below the HPI.

How Large is 2 PINE WALK?

2 PINE WALK is 76m² according to the EPC inspection conducted in November 2023. This puts it in the smallest 10% of detached houses in Verwood, based on EPC data. The below chart shows the distribution of detached houses by size in Verwood, and where 2 PINE WALK lies on this distribution: 8% of detached houses are smaller than 2 PINE WALK, and 90% of houses are larger. Note that EPC data is not available for all properties in Verwood.

2 PINE WALK: Plot and Title Map

2 PINE WALK sits on a plot of roughly 0.119 of an acre, or 481m². The below map shows the location of 2 PINE WALK, 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 PINE WALK). 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 PINE WALK?

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