3, MELBURY CLOSE, FERNDOWN, BH22 8HR - £470,000

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.

3 MELBURY CLOSE is a very small detached house of 79m², built sometime between 1967 and 1975, which could now be worth an estimated £469,435. It was last sold for £470,000 in June 2023, which was around 11% below the average June 2023 detached price in the Dorset local authority area. The most recent EPC inspection was October 2019, where the current energy rating was D, and the potential energy rating was B.

3 MELBURY CLOSE Sold Prices

Land registry data shows four sales for 3 MELBURY CLOSE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Dorset local authority area for the corresponding sale date. All of the four 3 MELBURY 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
2023 30 JUN	£470,000	£529,067	11% below HPI
2020 7 SEP	£345,000	£440,766	22% below HPI
2018 18 MAY	£367,500	£432,951	15% below HPI
2008 28 AUG	£250,000	£326,195	23% below HPI

3 MELBURY 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 four 3 MELBURY CLOSE sales between August 2008 and June 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 September 2020 sale was for 22% below the HPI. So the extrapolation line tracks at 22% below the HPI over time, until the June 2023 sale, where it rises to 11% below the HPI. The line then continues to track at 11% below the HPI.

What might 3 MELBURY CLOSE be worth now?

3 MELBURY CLOSE might now be worth an estimated £469,435.

This is based on house price deflation of 0.1%, between June 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 0.1% deflationary decrease is applied to the most recent sale price for 3 MELBURY CLOSE of £470,000 on 30th June 2023. For the value to have decreased from £470,000 to £469,435 over the two years and four months to February 2025, the following assumptions must hold true:

• The value of 3 MELBURY CLOSE has moved in line with the HPI for detached houses in the Dorset local authority area.
• The June 2023 sale price of £470,000 represented a fair market value for the property.
• The size, condition, and specification of 3 MELBURY CLOSE has not materially changed since June 2023.

How Large is 3 MELBURY CLOSE?

3 MELBURY CLOSE is 79m² according to the EPC inspection conducted in October 2019. This puts it in the smallest 20% 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 3 MELBURY CLOSE lies on this distribution: 11% of detached houses houses are smaller than 3 MELBURY CLOSE, and 89% of houses are larger. Note that EPC data is not available for all properties in Ferndown.

3 MELBURY CLOSE: Plot and Title Map

3 MELBURY CLOSE sits on a plot of roughly 0.109 of an acre, or 441m². The below map shows the location of 3 MELBURY 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 MELBURY 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 MELBURY CLOSE?

3 MELBURY CLOSE is located in FERNDOWN, in the BH22 postcode district. The below map shows the position of No. 3 on MELBURY CLOSE.