39, LAKE ROAD, VERWOOD, BH31 6BX - £490,000

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

39 LAKE ROAD is a midsized extended detached house of 108m², built sometime between 1950 and 1966. It was last sold for £490,000 in January 2021, which was around 8% above the average January 2021 detached price in the Dorset local authority area. The most recent EPC inspection was April 2011, where the current energy rating was E, and the potential energy rating was D.

39 LAKE ROAD Sold Prices

Land registry data shows four sales for 39 LAKE ROAD 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 39 LAKE ROAD 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
2021 29 JAN	£490,000	£452,623	8% above HPI
2002 17 DEC	£298,000	£237,942	25% above HPI
1997 29 AUG	£119,950	£109,751	9% above HPI
1996 29 NOV	£101,700	£99,585	2% above HPI

39 LAKE ROAD 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 39 LAKE ROAD sales between November 1996 and January 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 December 2002 sale was for 25% above the HPI. So the extrapolation line tracks at 25% above the HPI over time, until the January 2021 sale, where it falls to 8% above the HPI. The line then continues to track at 8% above the HPI.

How Large is 39 LAKE ROAD?

39 LAKE ROAD is 108m², which includes one extension, according to the EPC inspection conducted in April 2011. This puts it in the smallest 50% of detached houses in Verwood, based on EPC data. The below chart shows the distribution of detached houses by size in Verwood, and where 39 LAKE ROAD lies on this distribution: 48% of detached houses are smaller than 39 LAKE ROAD, and 52% of houses are larger. Note that EPC data is not available for all properties in Verwood.

39 LAKE ROAD: Plot and Title Map

39 LAKE ROAD sits on a plot of roughly 0.171 of an acre, or 692m². The below map shows the location of 39 LAKE ROAD, 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 39 LAKE ROAD). 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 39 LAKE ROAD?

39 LAKE ROAD is located in VERWOOD, in the BH31 postcode district. The below map shows the position of No. 39 on LAKE ROAD.