3, BLACKSMITH CLOSE, CORFE MULLEN, WIMBORNE, BH21 3QW - £385,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

3 BLACKSMITH CLOSE is a very small detached house of 69m², built sometime between 1967 and 1975, which could now be worth an estimated £379,122. It was last sold for £385,000 in May 2022, which was around 27% below the average May 2022 detached price in the Dorset local authority area. The most recent EPC inspection was October 2021, where the current energy rating was D, and the potential energy rating was B.

3 BLACKSMITH CLOSE Sold Prices

Land registry data shows two sales for 3 BLACKSMITH CLOSE 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 3 BLACKSMITH CLOSE 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
2022 6 MAY	£385,000	£529,088	27% below HPI
2011 12 SEP	£224,950	£328,714	32% below HPI

3 BLACKSMITH CLOSE 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 3 BLACKSMITH CLOSE sales from September 2011 and May 2022 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 September 2011 sale was for 32% below the HPI. So the extrapolation line tracks at 32% below the HPI over time, until the May 2022 sale, where it rises to 27% below the HPI. The line then continues to track at 27% below the HPI.

What might 3 BLACKSMITH CLOSE be worth now?

3 BLACKSMITH CLOSE might now be worth an estimated £379,122.

This is based on house price deflation of 1.5%, between May 2022 and December 2024, 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 1.5% deflationary decrease is applied to the most recent sale price for 3 BLACKSMITH CLOSE of £385,000 on 6th May 2022. For the value to have decreased from £385,000 to £379,122 over the one year and five months to December 2024, the following assumptions must hold true:

• The value of 3 BLACKSMITH CLOSE has moved in line with the HPI for detached houses in the Dorset local authority area.
• The May 2022 sale price of £385,000 represented a fair market value for the property.
• The size, condition, and specification of 3 BLACKSMITH CLOSE has not materially changed since May 2022.

How Large is 3 BLACKSMITH CLOSE?

3 BLACKSMITH CLOSE is 69m² according to the EPC inspection conducted in October 2021. This puts it in the smallest 10% of detached houses houses in Corfe Mullen, based on EPC data. The below chart shows the distribution of detached houses houses by size in Corfe Mullen, and where 3 BLACKSMITH CLOSE lies on this distribution: 5% of detached houses houses are smaller than 3 BLACKSMITH CLOSE, and 95% of houses are larger. Note that EPC data is not available for all properties in Corfe Mullen.

3 BLACKSMITH CLOSE: Plot and Title Map

3 BLACKSMITH CLOSE sits on a plot of roughly 0.082 of an acre, or 333m². The below map shows the location of 3 BLACKSMITH CLOSE, 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 3 BLACKSMITH CLOSE). 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 3 BLACKSMITH CLOSE?

3 BLACKSMITH CLOSE is located in CORFE MULLEN, in the BH21 postcode district. The below map shows the position of No. 3 on BLACKSMITH CLOSE.