Based on the November 2024 Price Paid Data (released on 2nd January 2025), the October 2024 House Price Index (released on 18th December 2024), and the October 2024 Energy Performance of Buildings Data (released on 28th November 2024). Sources
5 SPRING CLOSE is a large extended detached house of 136m², built sometime between 1996 and 2002. It was last sold for £425,000 in November 2019, which was about the average November 2019 detached price in the Dorset local authority area. The most recent EPC inspection was April 2019, where the current energy rating was C, and the potential energy rating was B.
Land registry data shows six sales for 5 SPRING CLOSE since 1st January 1995. The below table shows the price paid for the six sales, along with the average detached price in the Dorset local authority area for the corresponding sale date. The six 5 SPRING CLOSE sales were a mix of roughly equal to the average price, above the average price, and 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 |
---|---|---|---|
2019 29 NOV | £425,000 | £423,050 | Close to HPI |
2013 16 AUG | £332,000 | £327,726 | 1% above HPI |
2011 10 NOV | £310,000 | £320,014 | 3% below HPI |
2009 27 OCT | £278,000 | £301,051 | 8% below HPI |
2002 21 JUN | £222,000 | £208,365 | 7% above HPI |
1998 27 FEB | £140,000 | £114,669 | 22% above HPI |
The below graph shows the average detached house price in the Dorset local authority area over time, sourced from the HPI. The six 5 SPRING CLOSE sales between February 1998 and November 2019 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 August 2013 sale was for 1% above the HPI. So the extrapolation line tracks at 1% above the HPI over time, until the November 2019 sale, where it falls to roughly the same level as the HPI. The line then continues to track in line with the HPI.
5 SPRING CLOSE is 136m², which includes two extensions, according to the EPC inspection conducted in April 2019. This puts it in the largest 30% of detached houses in Verwood, based on EPC data. The below chart shows the distribution of detached houses by size in Verwood, and where 5 SPRING CLOSE lies on this distribution: 76% of detached houses are smaller than 5 SPRING CLOSE, and 24% of houses are larger. Note that EPC data is not available for all properties in Verwood.
5 SPRING CLOSE sits on a plot of roughly 0.084 of an acre, or 339m². The below map shows the location of 5 SPRING CLOSE, 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 SPRING CLOSE). 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 SPRING CLOSE is located in VERWOOD, in the BH31 postcode district. The below map shows the position of No. 5 on SPRING CLOSE.