8, GALLOWS DRIVE, WEST PARLEY, FERNDOWN, BH22 8RJ - £925,000

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

8 GALLOWS DRIVE is a very large extended detached house of 214m², built sometime between 1967 and 1975. It was last sold for £925,000 in September 2023, which was around 78% above the average September 2023 detached price in the Dorset local authority area. The most recent EPC inspection was September 2016, where the current energy rating was C, and the potential energy rating was B.

8 GALLOWS DRIVE Sold Prices

Land registry data shows two sales for 8 GALLOWS DRIVE 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 8 GALLOWS DRIVE sales was for above the average price, whilst the other was 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
2023 7 SEP	£925,000	£519,513	78% above HPI
2014 29 OCT	£289,560	£361,876	20% below HPI

8 GALLOWS 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 two 8 GALLOWS DRIVE sales from October 2014 and September 2023 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 October 2014 sale was for 20% below the HPI. So the extrapolation line tracks at 20% below the HPI over time, until the September 2023 sale, where it rises to 78% above the HPI. The line then continues to track at 78% above the HPI.

How Large is 8 GALLOWS DRIVE?

8 GALLOWS DRIVE is 214m², which includes two extensions, according to the EPC inspection conducted in September 2016. This puts it in the largest 10% of detached houses in West Parley, based on EPC data. The below chart shows the distribution of detached houses by size in West Parley, and where 8 GALLOWS DRIVE lies on this distribution: 92% of detached houses are smaller than 8 GALLOWS DRIVE, and 8% of houses are larger. Note that EPC data is not available for all properties in West Parley.

8 GALLOWS DRIVE: Plot and Title Map

8 GALLOWS DRIVE sits on a plot of roughly 0.217 of an acre, or 877m². The below map shows the location of 8 GALLOWS 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 8 GALLOWS 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 8 GALLOWS DRIVE?

8 GALLOWS DRIVE is located in WEST PARLEY, in the BH22 postcode district. The below map shows the position of No. 8 on GALLOWS DRIVE.