28, LAKE ROAD, VERWOOD, BH31 6BX - £400,000

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

28 LAKE ROAD is a midsized detached house of 111m², built sometime between 1967 and 1975. It was last sold for £400,000 in February 2017, which was around 1% below the average February 2017 detached price in the Dorset local authority area. The most recent EPC inspection was October 2016, where the current energy rating was E, and the potential energy rating was B.

28 LAKE ROAD Sold Prices

Land registry data shows two sales for 28 LAKE 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 28 LAKE 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
2017 15 FEB	£400,000	£402,386	1% below HPI
1995 15 FEB	£91,000	£93,676	3% below HPI

28 LAKE 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 28 LAKE ROAD sales from February 1995 and February 2017 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 1995 sale was for 3% below the HPI. So the extrapolation line tracks at 3% below the HPI over time, until the February 2017 sale, where it rises to 1% below the HPI. The line then continues to track at 1% below the HPI.

How Large is 28 LAKE ROAD?

28 LAKE ROAD is 111m² according to the EPC inspection conducted in October 2016. This puts it in the largest 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 28 LAKE ROAD lies on this distribution: 50% of detached houses are smaller than 28 LAKE ROAD, and 48% of houses are larger. Note that EPC data is not available for all properties in Verwood.

28 LAKE ROAD: Plot and Title Map

28 LAKE ROAD sits on a plot of roughly 0.138 of an acre, or 559m². The below map shows the location of 28 LAKE 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 28 LAKE 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 28 LAKE ROAD?

28 LAKE ROAD is located in VERWOOD, in the BH31 postcode district. The below map shows the position of No. 28 on LAKE ROAD.