2, THE FORESTSIDE, VERWOOD, BH31 7FZ - £405,000

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 THE FORESTSIDE is a midsized detached house of 115m², built sometime between 1991 and 1995, which could now be worth an estimated £488,316. It was last sold for £405,000 in November 2018, which was around 8% below the average November 2018 detached price in the Dorset local authority area. The most recent EPC inspection was December 2017, where the current energy rating was D, and the potential energy rating was C.

2 THE FORESTSIDE Sold Prices

Land registry data shows two sales for 2 THE FORESTSIDE 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 THE FORESTSIDE 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
2018 8 NOV	£405,000	£438,271	8% below HPI
1996 17 DEC	£119,000	£101,250	18% above HPI

2 THE FORESTSIDE 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 THE FORESTSIDE sales from December 1996 and November 2018 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 1996 sale was for 18% above the HPI. So the extrapolation line tracks at 18% above the HPI over time, until the November 2018 sale, where it falls to 8% below the HPI. The line then continues to track at 8% below the HPI.

What might 2 THE FORESTSIDE be worth now?

2 THE FORESTSIDE might now be worth an estimated £488,316.

This is based on house price inflation of 20.6%, between November 2018 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 20.6% inflationary increase is applied to the most recent sale price for 2 THE FORESTSIDE of £405,000 on 8th November 2018. For the value to have increased from £405,000 to £488,316 over the seven years and nine months to February 2025, the following assumptions must hold true:

• The value of 2 THE FORESTSIDE has moved in line with the HPI for detached houses in the Dorset local authority area.
• The November 2018 sale price of £405,000 represented a fair market value for the property.
• The size, condition, and specification of 2 THE FORESTSIDE has not materially changed since November 2018.

How Large is 2 THE FORESTSIDE?

2 THE FORESTSIDE is 115m² according to the EPC inspection conducted in December 2017. This puts it in the largest 50% 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 THE FORESTSIDE lies on this distribution: 55% of detached houses houses are smaller than 2 THE FORESTSIDE, and 44% of houses are larger. Note that EPC data is not available for all properties in Verwood.

2 THE FORESTSIDE: Plot and Title Map

2 THE FORESTSIDE sits on a plot of roughly 0.108 of an acre, or 438m². The below map shows the location of 2 THE FORESTSIDE, 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 THE FORESTSIDE). 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 THE FORESTSIDE?

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