3, PARK DRIVE, VERWOOD, BH31 7PE - £560,000

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

3 PARK DRIVE is a very large detached house of 153m², built sometime between 1991 and 1995. It was last sold for £560,000 in October 2019, which was around 34% above the average October 2019 detached price in the Dorset local authority area. The most recent EPC inspection was July 2019, where the current energy rating was D, and the potential energy rating was C.

3 PARK DRIVE Sold Prices

Land registry data shows four sales for 3 PARK DRIVE 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. Most of the four 3 PARK DRIVE 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
2019 15 OCT	£560,000	£418,977	34% above HPI
2014 6 NOV	£482,500	£361,307	34% above HPI
2011 28 FEB	£475,000	£314,636	51% above HPI
1997 4 APR	£95,950	£103,450	7% below HPI

3 PARK DRIVE 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 PARK DRIVE sales between April 1997 and October 2019 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 November 2014 sale was for 34% above the HPI. So the extrapolation line tracks at 34% above the HPI over time, until the October 2019 sale, which was also at 34% above the HPI.

How Large is 3 PARK DRIVE?

3 PARK DRIVE is 153m² according to the EPC inspection conducted in July 2019. 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 3 PARK DRIVE lies on this distribution: 86% of detached houses are smaller than 3 PARK DRIVE, and 14% of houses are larger. Note that EPC data is not available for all properties in Verwood.

3 PARK DRIVE: Plot and Title Map

3 PARK DRIVE sits on a plot of roughly 0.169 of an acre, or 685m². The below map shows the location of 3 PARK DRIVE, 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 PARK DRIVE). 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 PARK DRIVE?

3 PARK DRIVE is located in VERWOOD, in the BH31 postcode district. The below map shows the position of No. 3 on PARK DRIVE.