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
5 MILBOURNE ROAD is a very small detached house of 80m², built sometime between 1950 and 1966. It was last sold for £360,000 in March 2024, which was around 29% below the average March 2024 detached price in the Dorset local authority area. The most recent EPC inspection was May 2023, where the current energy rating was D, and the potential energy rating was B.
Land registry data shows two sales for 5 MILBOURNE ROAD since 1st 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. Both of the two 5 MILBOURNE ROAD 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 |
---|---|---|---|
2024 27 MAR | £360,000 | £507,690 | 29% below HPI |
1997 30 MAY | £88,000 | £104,448 | 16% below HPI |
The below graph shows the average detached house price in the Dorset local authority area over time, sourced from the HPI. The two 5 MILBOURNE ROAD sales from May 1997 and March 2024 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 May 1997 sale was for 16% below the HPI. So the extrapolation line tracks at 16% below the HPI over time, until the March 2024 sale, where it falls to 29% below the HPI. The line then continues to track at 29% below the HPI.
5 MILBOURNE ROAD is 80m² according to the EPC inspection conducted in May 2023. This puts it in the smallest 20% of detached houses in Ferndown, based on EPC data. The below chart shows the distribution of detached houses by size in Ferndown, and where 5 MILBOURNE ROAD lies on this distribution: 12% of detached houses are smaller than 5 MILBOURNE ROAD, and 87% of houses are larger. Note that EPC data is not available for all properties in Ferndown.
5 MILBOURNE ROAD sits on a plot of roughly 0.121 of an acre, or 490m². The below map shows the location of 5 MILBOURNE 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 5 MILBOURNE 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.
5 MILBOURNE ROAD is located in FERNDOWN, in the BH22 postcode district. The below map shows the position of No. 5 on MILBOURNE ROAD.