4, PENNINE WAY, VERWOOD, BH31 6UL - £395,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

4 PENNINE WAY is a small extended detached house of 94m², built sometime between 1996 and 2002, which could now be worth an estimated £418,555. It was last sold for £395,000 in November 2021, which was around 21% below the average November 2021 detached price in the Dorset local authority area. The most recent EPC inspection was June 2012, where the current energy rating was D, and the potential energy rating was C.

4 PENNINE WAY Sold Prices

Land registry data shows seven sales for 4 PENNINE WAY since 1^st January 1995. The below table shows the price paid for the seven sales, along with the average detached price in the Dorset local authority area for the corresponding sale date. All of the seven 4 PENNINE WAY 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 19 NOV	£395,000	£498,693	21% below HPI
2015 30 OCT	£275,000	£388,534	29% below HPI
2012 23 NOV	£238,000	£334,549	29% below HPI
2006 6 FEB	£213,250	£297,174	28% below HPI
2004 11 NOV	£219,950	£293,543	25% below HPI
2003 31 MAR	£194,000	£249,156	22% below HPI
1996 25 OCT	£87,950	£101,585	13% below HPI

4 PENNINE WAY 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 seven 4 PENNINE WAY sales between October 1996 and November 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 October 2015 sale was for 29% below the HPI. So the extrapolation line tracks at 29% below the HPI over time, until the November 2021 sale, where it rises to 21% below the HPI. The line then continues to track at 21% below the HPI.

What might 4 PENNINE WAY be worth now?

4 PENNINE WAY might now be worth an estimated £418,555.

This is based on house price inflation of 6%, between November 2021 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 6% inflationary increase is applied to the most recent sale price for 4 PENNINE WAY of £395,000 on 19th November 2021. For the value to have increased from £395,000 to £418,555 over the four years and nine months to February 2025, the following assumptions must hold true:

• The value of 4 PENNINE WAY has moved in line with the HPI for detached houses in the Dorset local authority area.
• The November 2021 sale price of £395,000 represented a fair market value for the property.
• The size, condition, and specification of 4 PENNINE WAY has not materially changed since November 2021.

How Large is 4 PENNINE WAY?

4 PENNINE WAY is 94m², which includes two extensions, according to the EPC inspection conducted in June 2012. This puts it in the smallest 30% 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 4 PENNINE WAY lies on this distribution: 29% of detached houses houses are smaller than 4 PENNINE WAY, and 70% of houses are larger. Note that EPC data is not available for all properties in Verwood.

4 PENNINE WAY: Plot and Title Map

4 PENNINE WAY sits on a plot of roughly 0.097 of an acre, or 392m². The below map shows the location of 4 PENNINE WAY, 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 4 PENNINE WAY). 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 4 PENNINE WAY?

4 PENNINE WAY is located in VERWOOD, in the BH31 postcode district. The below map shows the position of No. 4 on PENNINE WAY.