7, OTTER CLOSE, VERWOOD, BH31 6NY - £310,000

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

7 OTTER CLOSE is a very large extended detached house of 159m², built sometime between 1991 and 1995. It was last sold for £310,000 in May 2016, which was around 20% below the average May 2016 detached price in the Dorset local authority area. The most recent EPC inspection was August 2022, where the current energy rating was C, and the potential energy rating was B.

7 OTTER CLOSE Sold Prices

Land registry data shows five sales for 7 OTTER CLOSE since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the Dorset local authority area for the corresponding sale date. Most of the five 7 OTTER CLOSE 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 27 MAY	£310,000	£388,227	20% below HPI
2012 8 JUN	£246,000	£322,621	24% below HPI
2009 8 MAY	£195,000	£277,535	30% below HPI
2001 5 NOV	£159,950	£190,514	16% below HPI
1997 20 OCT	£114,950	£112,385	2% above HPI

7 OTTER CLOSE 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 five 7 OTTER CLOSE sales between October 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 2012 sale was for 24% below the HPI. So the extrapolation line tracks at 24% below the HPI over time, until the May 2016 sale, where it rises to 20% below the HPI. The line then continues to track at 20% below the HPI.

How Large is 7 OTTER CLOSE?

7 OTTER CLOSE is 159m², which includes one extension, according to the EPC inspection conducted in August 2022. This puts it in the largest 20% 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 OTTER CLOSE lies on this distribution: 88% of detached houses are smaller than 7 OTTER CLOSE, and 12% of houses are larger. Note that EPC data is not available for all properties in Verwood.

7 OTTER CLOSE: Plot and Title Map

7 OTTER CLOSE sits on a plot of roughly 0.100 of an acre, or 403m². The below map shows the location of 7 OTTER 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 7 OTTER 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.

Where is 7 OTTER CLOSE?

7 OTTER CLOSE is located in VERWOOD, in the BH31 postcode district. The below map shows the position of No. 7 on OTTER CLOSE.