2, SCHOOL CLOSE, VERWOOD, BH31 7BT - £415,000

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 SCHOOL CLOSE is a very large extended detached house of 204m², built sometime between 1996 and 2002, which could now be worth an estimated £696,472. It was last sold for £415,000 in December 2009, which was around 32% above the average December 2009 detached price in the Dorset local authority area. The most recent EPC inspection was April 2018, where the current energy rating was D, and the potential energy rating was C.

2 SCHOOL CLOSE Sold Prices

Land registry data shows four sales for 2 SCHOOL CLOSE 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. All of the four 2 SCHOOL 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
2009 18 DEC	£415,000	£314,871	32% above HPI
2006 4 APR	£425,000	£301,026	41% above HPI
2004 12 MAR	£392,500	£271,807	44% above HPI
2001 24 AUG	£350,000	£189,592	85% above HPI

2 SCHOOL 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 four 2 SCHOOL CLOSE sales between August 2001 and December 2009 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 April 2006 sale was for 41% above the HPI. So the extrapolation line tracks at 41% above the HPI over time, until the December 2009 sale, where it falls to 32% above the HPI. The line then continues to track at 32% above the HPI.

What might 2 SCHOOL CLOSE be worth now?

2 SCHOOL CLOSE might now be worth an estimated £696,472.

This is based on house price inflation of 67.8%, between December 2009 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 67.8% inflationary increase is applied to the most recent sale price for 2 SCHOOL CLOSE of £415,000 on 18th December 2009. For the value to have increased from £415,000 to £696,472 over the sixteen years and ten months to February 2025, the following assumptions must hold true:

• The value of 2 SCHOOL CLOSE has moved in line with the HPI for detached houses in the Dorset local authority area.
• The December 2009 sale price of £415,000 represented a fair market value for the property.
• The size, condition, and specification of 2 SCHOOL CLOSE has not materially changed since December 2009.

How Large is 2 SCHOOL CLOSE?

2 SCHOOL CLOSE is 204m², which includes one extension, according to the EPC inspection conducted in April 2018. This puts it in the largest 10% 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 SCHOOL CLOSE lies on this distribution: 97% of detached houses houses are smaller than 2 SCHOOL CLOSE, and 3% of houses are larger. Note that EPC data is not available for all properties in Verwood.

2 SCHOOL CLOSE: Plot and Title Map

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

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