24, LANCASTER DRIVE, VERWOOD, BH31 6TG - £550,000

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

24 LANCASTER DRIVE is a midsized detached house of 104m², built sometime between 1983 and 1990. It was last sold for £550,000 in May 2024, which was around 9% above the average May 2024 detached price in the Dorset local authority area. The most recent EPC inspection was June 2022, where the current energy rating was D, and the potential energy rating was C.

24 LANCASTER DRIVE Sold Prices

Land registry data shows two sales for 24 LANCASTER DRIVE 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 24 LANCASTER DRIVE sales was for above the average price, whilst the other was 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 MAY	£550,000	£504,566	9% above HPI
2022 27 OCT	£515,000	£540,021	5% below HPI

24 LANCASTER DRIVE 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 24 LANCASTER DRIVE sales from October 2022 and May 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 October 2022 sale was for 5% below the HPI. So the extrapolation line tracks at 5% below the HPI over time, until the May 2024 sale, where it rises to 9% above the HPI. The line then continues to track at 9% above the HPI.

How Large is 24 LANCASTER DRIVE?

24 LANCASTER DRIVE is 104m² according to the EPC inspection conducted in June 2022. This puts it in the smallest 50% of detached houses in Verwood, based on EPC data. The below chart shows the distribution of detached houses by size in Verwood, and where 24 LANCASTER DRIVE lies on this distribution: 41% of detached houses are smaller than 24 LANCASTER DRIVE, and 58% of houses are larger. Note that EPC data is not available for all properties in Verwood.

24 LANCASTER DRIVE: Plot and Title Map

24 LANCASTER DRIVE sits on a plot of roughly 0.155 of an acre, or 625m². The below map shows the location of 24 LANCASTER DRIVE, 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 24 LANCASTER DRIVE). 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 24 LANCASTER DRIVE?

24 LANCASTER DRIVE is located in VERWOOD, in the BH31 postcode district. The below map shows the position of No. 24 on LANCASTER DRIVE.