28, MARGARDS LANE, VERWOOD, BH31 6JG - £387,500

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 MARGARDS LANE is a very large extended detached house of 151m², built sometime between 1967 and 1975. It was last sold for £387,500 in August 2013, which was around 18% above the average August 2013 detached price in the Dorset local authority area. The most recent EPC inspection was May 2011, where the current energy rating was E, and the potential energy rating was C.

28 MARGARDS LANE Sold Prices

Land registry data shows two sales for 28 MARGARDS LANE 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 MARGARDS LANE 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
2013 22 AUG	£387,500	£327,726	18% above HPI
2001 27 APR	£244,000	£167,018	46% above HPI

28 MARGARDS LANE 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 MARGARDS LANE sales from April 2001 and August 2013 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 2001 sale was for 46% above the HPI. So the extrapolation line tracks at 46% above the HPI over time, until the August 2013 sale, where it falls to 18% above the HPI. The line then continues to track at 18% above the HPI.

How Large is 28 MARGARDS LANE?

28 MARGARDS LANE is 151m², which includes one extension, according to the EPC inspection conducted in May 2011. This puts it in the largest 20% 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 MARGARDS LANE lies on this distribution: 84% of detached houses are smaller than 28 MARGARDS LANE, and 16% of houses are larger. Note that EPC data is not available for all properties in Verwood.

28 MARGARDS LANE: Plot and Title Map

28 MARGARDS LANE sits on a plot of roughly 0.140 of an acre, or 567m². The below map shows the location of 28 MARGARDS LANE, 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 MARGARDS LANE). 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 MARGARDS LANE?

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