42, LAKE ROAD, VERWOOD, BH31 6BX - £650,000

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

42 LAKE ROAD is a very large extended detached house of 195m², built sometime between 1930 and 1949. It was last sold for £650,000 in August 2022, which was around 23% above the average August 2022 detached price in the Dorset local authority area. The most recent EPC inspection was March 2018, where the current energy rating was C, and the potential energy rating was B.

42 LAKE ROAD Sold Prices

Land registry data shows two sales for 42 LAKE ROAD since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Dorset local authority area for the corresponding sale date. One of the two 42 LAKE ROAD sales was for above the average price, whilst the other was 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
2022 26 AUG	£650,000	£526,465	23% above HPI
2000 9 NOV	£155,000	£170,756	9% below HPI

42 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 two 42 LAKE ROAD sales from November 2000 and August 2022 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 2000 sale was for 9% below the HPI. So the extrapolation line tracks at 9% below the HPI over time, until the August 2022 sale, where it rises to 23% above the HPI. The line then continues to track at 23% above the HPI.

How Large is 42 LAKE ROAD?

42 LAKE ROAD is 195m², which includes two extensions, according to the EPC inspection conducted in March 2018. This puts it in the largest 10% of detached houses in Verwood, based on EPC data. The below chart shows the distribution of detached houses by size in Verwood, and where 42 LAKE ROAD lies on this distribution: 96% of detached houses are smaller than 42 LAKE ROAD, and 4% of houses are larger. Note that EPC data is not available for all properties in Verwood.

42 LAKE ROAD: Plot and Title Map

42 LAKE ROAD sits on a plot of roughly 0.217 of an acre, or 877m². The below map shows the location of 42 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 42 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 42 LAKE ROAD?

42 LAKE ROAD is located in VERWOOD, in the BH31 postcode district. The below map shows the position of No. 42 on LAKE ROAD.