2, RED OAKS CLOSE, FERNDOWN, BH22 9TY - £350,000

Based on the December 2024 Price Paid Data (released on 29th January 2025), the November 2024 House Price Index (released on 15th January 2025), and the December 2024 Energy Performance of Buildings Data (released on 31st January 2025). Sources

2 RED OAKS CLOSE is a very small detached house of 80m², built sometime between 1967 and 1975. It was last sold for £350,000 in September 2024, which was around 31% below the average September 2024 detached price in the Dorset local authority area. The most recent EPC inspection was January 2023, where the current energy rating was D, and the potential energy rating was B.

2 RED OAKS CLOSE Sold Prices

Land registry data shows two sales for 2 RED OAKS CLOSE 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. One of the two 2 RED OAKS CLOSE sales was for below the average price, whilst the other was 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
2024 27 SEP	£350,000	£507,890	31% below HPI
1997 14 FEB	£106,000	£99,211	7% above HPI

2 RED OAKS 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 two 2 RED OAKS CLOSE sales from February 1997 and September 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 7% above the HPI. So the extrapolation line tracks at 7% above the HPI over time, until the September 2024 sale, where it falls to 31% below the HPI. The line then continues to track at 31% below the HPI.

How Large is 2 RED OAKS CLOSE?

2 RED OAKS CLOSE is 80m² according to the EPC inspection conducted in January 2023. This puts it in the smallest 20% 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 RED OAKS CLOSE lies on this distribution: 12% of detached houses are smaller than 2 RED OAKS CLOSE, and 87% of houses are larger. Note that EPC data is not available for all properties in Ferndown.

2 RED OAKS CLOSE: Plot and Title Map

2 RED OAKS CLOSE sits on a plot of roughly 0.115 of an acre, or 467m². The below map shows the location of 2 RED OAKS 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 RED OAKS 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 RED OAKS CLOSE?

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