7, RIVER CLOSE, WIMBORNE, BH21 1DN - £340,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

7 RIVER CLOSE is a very small detached house of 81m², built sometime between 1967 and 1975, which could now be worth an estimated £447,067. It was last sold for £340,000 in December 2015, which was around 14% below the average December 2015 detached price in the Dorset local authority area. The most recent EPC inspection was April 2011, where the current energy rating was D, and the potential energy rating was C.

7 RIVER CLOSE Sold Prices

Land registry data shows three sales for 7 RIVER CLOSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Dorset local authority area for the corresponding sale date. All of the three 7 RIVER 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
2015 4 DEC	£340,000	£396,235	14% below HPI
2011 9 DEC	£315,000	£334,661	6% below HPI
2004 14 APR	£250,000	£277,346	10% below HPI

7 RIVER 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 three 7 RIVER CLOSE sales between April 2004 and December 2015 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 December 2011 sale was for 6% below the HPI. So the extrapolation line tracks at 6% below the HPI over time, until the December 2015 sale, where it falls to 14% below the HPI. The line then continues to track at 14% below the HPI.

What might 7 RIVER CLOSE be worth now?

7 RIVER CLOSE might now be worth an estimated £447,067.

This is based on house price inflation of 31.5%, between December 2015 and December 2024, 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 31.5% inflationary increase is applied to the most recent sale price for 7 RIVER CLOSE of £340,000 on 4th December 2015. For the value to have increased from £340,000 to £447,067 over the nine years to December 2024, the following assumptions must hold true:

• The value of 7 RIVER CLOSE has moved in line with the HPI for detached houses in the Dorset local authority area.
• The December 2015 sale price of £340,000 represented a fair market value for the property.
• The size, condition, and specification of 7 RIVER CLOSE has not materially changed since December 2015.

How Large is 7 RIVER CLOSE?

7 RIVER CLOSE is 81m² according to the EPC inspection conducted in April 2011. This puts it in the smallest 20% of detached houses houses in Wimborne Minster, based on EPC data. The below chart shows the distribution of detached houses houses by size in Wimborne Minster, and where 7 RIVER CLOSE lies on this distribution: 15% of detached houses houses are smaller than 7 RIVER CLOSE, and 85% of houses are larger. Note that EPC data is not available for all properties in Wimborne Minster.

7 RIVER CLOSE: Plot and Title Map

7 RIVER CLOSE sits on a plot of roughly 0.120 of an acre, or 486m². The below map shows the location of 7 RIVER 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 RIVER 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 RIVER CLOSE?

7 RIVER CLOSE is located in WIMBORNE, in the BH21 postcode district. The below map shows the position of No. 7 on RIVER CLOSE.