24, PENROSE ROAD, FERNDOWN, BH22 9JF - £425,000

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.

24 PENROSE ROAD is a very small detached house of 71m², built sometime between 1950 and 1966, which could now be worth an estimated £414,629. It was last sold for £425,000 in January 2023, which was around 22% below the average January 2023 detached price in the Dorset local authority area. The most recent EPC inspection was January 2021, where the current energy rating was D, and the potential energy rating was B.

24 PENROSE ROAD Sold Prices

Land registry data shows two sales for 24 PENROSE ROAD 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 24 PENROSE ROAD 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
2023 27 JAN	£425,000	£541,649	22% below HPI
2021 30 APR	£353,500	£459,598	23% below HPI

24 PENROSE ROAD 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 PENROSE ROAD sales from April 2021 and January 2023 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 2021 sale was for 23% below the HPI. So the extrapolation line tracks at 23% below the HPI over time, until the January 2023 sale, where it rises to 22% below the HPI. The line then continues to track at 22% below the HPI.

What might 24 PENROSE ROAD be worth now?

24 PENROSE ROAD might now be worth an estimated £414,629.

This is based on house price deflation of 2.4%, between January 2023 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 2.4% deflationary decrease is applied to the most recent sale price for 24 PENROSE ROAD of £425,000 on 27th January 2023. For the value to have decreased from £425,000 to £414,629 over the one year and eleven months to February 2025, the following assumptions must hold true:

• The value of 24 PENROSE ROAD has moved in line with the HPI for detached houses in the Dorset local authority area.
• The January 2023 sale price of £425,000 represented a fair market value for the property.
• The size, condition, and specification of 24 PENROSE ROAD has not materially changed since January 2023.

How Large is 24 PENROSE ROAD?

24 PENROSE ROAD is 71m² according to the EPC inspection conducted in January 2021. This puts it in the smallest 10% of detached houses houses in Ferndown, based on EPC data. The below chart shows the distribution of detached houses houses by size in Ferndown, and where 24 PENROSE ROAD lies on this distribution: 5% of detached houses houses are smaller than 24 PENROSE ROAD, and 95% of houses are larger. Note that EPC data is not available for all properties in Ferndown.

24 PENROSE ROAD: Plot and Title Map

24 PENROSE ROAD sits on a plot of roughly 0.118 of an acre, or 476m². The below map shows the location of 24 PENROSE ROAD, 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 PENROSE ROAD). 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 PENROSE ROAD?

24 PENROSE ROAD is located in FERNDOWN, in the BH22 postcode district. The below map shows the position of No. 24 on PENROSE ROAD.