6, OAKWOOD DRIVE, IWERNE MINSTER, BLANDFORD FORUM, DT11 8QT - £305,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

6 OAKWOOD DRIVE is a very small detached house of 102m², built sometime between 1967 and 1975, which could now be worth an estimated £402,608. It was last sold for £305,000 in May 2016, which was around 24% below the average May 2016 detached price in the Dorset local authority area. The most recent EPC inspection was October 2010, where the current energy rating was E, and the potential energy rating was D.

6 OAKWOOD DRIVE Sold Prices

Land registry data shows four sales for 6 OAKWOOD DRIVE 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 6 OAKWOOD DRIVE 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
2016 31 MAY	£305,000	£400,319	24% below HPI
2009 2 JUN	£235,000	£292,301	20% below HPI
2001 24 AUG	£133,000	£189,592	30% below HPI
1997 10 FEB	£70,000	£102,301	32% below HPI

6 OAKWOOD DRIVE 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 6 OAKWOOD DRIVE sales between February 1997 and May 2016 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 June 2009 sale was for 20% below the HPI. So the extrapolation line tracks at 20% below the HPI over time, until the May 2016 sale, where it falls to 24% below the HPI. The line then continues to track at 24% below the HPI.

What might 6 OAKWOOD DRIVE be worth now?

6 OAKWOOD DRIVE might now be worth an estimated £402,608.

This is based on house price inflation of 32%, between May 2016 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 32% inflationary increase is applied to the most recent sale price for 6 OAKWOOD DRIVE of £305,000 on 31st May 2016. For the value to have increased from £305,000 to £402,608 over the nine years and three months to February 2025, the following assumptions must hold true:

• The value of 6 OAKWOOD DRIVE has moved in line with the HPI for detached houses in the Dorset local authority area.
• The May 2016 sale price of £305,000 represented a fair market value for the property.
• The size, condition, and specification of 6 OAKWOOD DRIVE has not materially changed since May 2016.

How Large is 6 OAKWOOD DRIVE?

6 OAKWOOD DRIVE is 102m² according to the EPC inspection conducted in October 2010. This puts it in the smallest 20% of detached houses houses in Iwerne Minster, based on EPC data. The below chart shows the distribution of detached houses houses by size in Iwerne Minster, and where 6 OAKWOOD DRIVE lies on this distribution: 19% of detached houses houses are smaller than 6 OAKWOOD DRIVE, and 79% of houses are larger. Note that EPC data is not available for all properties in Iwerne Minster.

6 OAKWOOD DRIVE: Plot and Title Map

6 OAKWOOD DRIVE sits on a plot of roughly 0.154 of an acre, or 622m². The below map shows the location of 6 OAKWOOD DRIVE, 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 6 OAKWOOD DRIVE). 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 6 OAKWOOD DRIVE?

6 OAKWOOD DRIVE is located in IWERNE MINSTER, in the DT11 postcode district. The below map shows the position of No. 6 on OAKWOOD DRIVE.