38, LANCASTER DRIVE, VERWOOD, BH31 6TG - £480,000

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

38 LANCASTER DRIVE is a large detached house of 122m², built sometime between 1996 and 2002. It was last sold for £480,000 in March 2021, which was around 8% above the average March 2021 detached price in the Dorset local authority area. The most recent EPC inspection was September 2012, where the current energy rating was C, and the potential energy rating was B.

38 LANCASTER DRIVE Sold Prices

Land registry data shows four sales for 38 LANCASTER 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 38 LANCASTER DRIVE 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
2021 8 MAR	£480,000	£445,966	8% above HPI
2014 18 JUL	£327,500	£346,013	5% below HPI
2006 20 JUL	£283,500	£303,001	6% below HPI
1996 16 APR	£50,000	£94,239	47% below HPI

38 LANCASTER 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 38 LANCASTER DRIVE sales between April 1996 and March 2021 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 July 2014 sale was for 5% below the HPI. So the extrapolation line tracks at 5% below the HPI over time, until the March 2021 sale, where it rises to 8% above the HPI. The line then continues to track at 8% above the HPI.

How Large is 38 LANCASTER DRIVE?

38 LANCASTER DRIVE is 122m² according to the EPC inspection conducted in September 2012. This puts it in the largest 40% of detached houses in Verwood, based on EPC data. The below chart shows the distribution of detached houses by size in Verwood, and where 38 LANCASTER DRIVE lies on this distribution: 63% of detached houses are smaller than 38 LANCASTER DRIVE, and 36% of houses are larger. Note that EPC data is not available for all properties in Verwood.

38 LANCASTER DRIVE: Plot and Title Map

38 LANCASTER DRIVE sits on a plot of roughly 0.142 of an acre, or 576m². The below map shows the location of 38 LANCASTER 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 38 LANCASTER 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 38 LANCASTER DRIVE?

38 LANCASTER DRIVE is located in VERWOOD, in the BH31 postcode district. The below map shows the position of No. 38 on LANCASTER DRIVE.