7, SCHOOL CLOSE, VERWOOD, BH31 7BT - £580,000

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 SCHOOL CLOSE is a very large extended detached house of 151m², built sometime between 1996 and 2002. It was last sold for £580,000 in June 2021, which was around 29% above the average June 2021 detached price in the Dorset local authority area. The most recent EPC inspection was September 2015, where the current energy rating was D, and the potential energy rating was B.

7 SCHOOL CLOSE Sold Prices

Land registry data shows four sales for 7 SCHOOL CLOSE 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 7 SCHOOL CLOSE sales were 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
2021 7 JUN	£580,000	£450,600	29% above HPI
2017 7 NOV	£510,000	£426,965	19% above HPI
2007 15 JUN	£382,500	£327,024	17% above HPI
2000 28 JAN	£209,000	£147,865	41% above HPI

7 SCHOOL 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 four 7 SCHOOL CLOSE sales between January 2000 and June 2021 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 November 2017 sale was for 19% above the HPI. So the extrapolation line tracks at 19% above the HPI over time, until the June 2021 sale, where it rises to 29% above the HPI. The line then continues to track at 29% above the HPI.

How Large is 7 SCHOOL CLOSE?

7 SCHOOL CLOSE is 151m², which includes two extensions, according to the EPC inspection conducted in September 2015. 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 SCHOOL CLOSE lies on this distribution: 84% of detached houses are smaller than 7 SCHOOL CLOSE, and 15% of houses are larger. Note that EPC data is not available for all properties in Verwood.

7 SCHOOL CLOSE: Plot and Title Map

7 SCHOOL CLOSE sits on a plot of roughly 0.117 of an acre, or 472m². The below map shows the location of 7 SCHOOL 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 SCHOOL 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 SCHOOL CLOSE?

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