37, SCHOOL CLOSE, VERWOOD, BH31 7BT - £475,000

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.

37 SCHOOL CLOSE is a large detached house of 126m², built sometime between 1976 and 1982, which could now be worth an estimated £633,035. It was last sold for £475,000 in June 2016, which was around 20% above the average June 2016 detached price in the Dorset local authority area. The most recent EPC inspection was January 2017, where the current energy rating was D, and the potential energy rating was B.

37 SCHOOL CLOSE Sold Prices

Land registry data shows five sales for 37 SCHOOL CLOSE since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the Dorset local authority area for the corresponding sale date. All of the five 37 SCHOOL CLOSE 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
2016 16 JUN	£475,000	£396,510	20% above HPI
2010 28 JUN	£390,000	£327,949	19% above HPI
2007 13 JUN	£439,950	£337,209	30% above HPI
2004 17 AUG	£365,000	£289,979	26% above HPI
2000 14 APR	£227,500	£157,008	45% above HPI

37 SCHOOL 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 five 37 SCHOOL CLOSE sales between April 2000 and June 2016 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 June 2010 sale was for 19% above the HPI. So the extrapolation line tracks at 19% above the HPI over time, until the June 2016 sale, where it rises to 20% above the HPI. The line then continues to track at 20% above the HPI.

What might 37 SCHOOL CLOSE be worth now?

37 SCHOOL CLOSE might now be worth an estimated £633,035.

This is based on house price inflation of 33.3%, between June 2016 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 33.3% inflationary increase is applied to the most recent sale price for 37 SCHOOL CLOSE of £475,000 on 16th June 2016. For the value to have increased from £475,000 to £633,035 over the nine years and four months to February 2025, the following assumptions must hold true:

• The value of 37 SCHOOL CLOSE has moved in line with the HPI for detached houses in the Dorset local authority area.
• The June 2016 sale price of £475,000 represented a fair market value for the property.
• The size, condition, and specification of 37 SCHOOL CLOSE has not materially changed since June 2016.

How Large is 37 SCHOOL CLOSE?

37 SCHOOL CLOSE is 126m² according to the EPC inspection conducted in January 2017. This puts it in the largest 40% of detached houses houses in Verwood, based on EPC data. The below chart shows the distribution of detached houses houses by size in Verwood, and where 37 SCHOOL CLOSE lies on this distribution: 67% of detached houses houses are smaller than 37 SCHOOL CLOSE, and 32% of houses are larger. Note that EPC data is not available for all properties in Verwood.

37 SCHOOL CLOSE: Plot and Title Map

37 SCHOOL CLOSE sits on a plot of roughly 0.131 of an acre, or 529m². The below map shows the location of 37 SCHOOL 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 37 SCHOOL 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 37 SCHOOL CLOSE?

37 SCHOOL CLOSE is located in VERWOOD, in the BH31 postcode district. The below map shows the position of No. 37 on SCHOOL CLOSE.