7, HOME FARM WAY, VERWOOD, BH31 6YE - £369,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

7 HOME FARM WAY is a midsized detached house of 117m², built sometime between 1983 and 1990. It was last sold for £369,000 in February 2017, which was around 8% below the average February 2017 detached price in the Dorset local authority area. The most recent EPC inspection was February 2016, where the current energy rating was D, and the potential energy rating was B.

7 HOME FARM WAY Sold Prices

Land registry data shows two sales for 7 HOME FARM WAY 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 7 HOME FARM WAY sales was for below the average price, whilst the other was for above 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
2017 24 FEB	£369,000	£402,386	8% below HPI
2001 29 MAR	£185,000	£166,416	11% above HPI

7 HOME FARM 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 two 7 HOME FARM WAY sales from March 2001 and February 2017 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 March 2001 sale was for 11% above the HPI. So the extrapolation line tracks at 11% above the HPI over time, until the February 2017 sale, where it falls to 8% below the HPI. The line then continues to track at 8% below the HPI.

How Large is 7 HOME FARM WAY?

7 HOME FARM WAY is 117m² according to the EPC inspection conducted in February 2016. This puts it in the largest 50% of detached houses in Verwood, based on EPC data. The below chart shows the distribution of detached houses by size in Verwood, and where 7 HOME FARM WAY lies on this distribution: 58% of detached houses are smaller than 7 HOME FARM WAY, and 41% of houses are larger. Note that EPC data is not available for all properties in Verwood.

7 HOME FARM WAY: Plot and Title Map

7 HOME FARM WAY sits on a plot of roughly 0.106 of an acre, or 428m². The below map shows the location of 7 HOME FARM 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 7 HOME FARM 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 7 HOME FARM WAY?

7 HOME FARM WAY is located in VERWOOD, in the BH31 postcode district. The below map shows the position of No. 7 on HOME FARM WAY.