9, MARGARDS LANE, VERWOOD, BH31 6JG - £460,000

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

9 MARGARDS LANE is a very large extended detached house of 191m², built sometime between 1900 and 1929. It was last sold for £460,000 in July 2014, which was around 33% above the average July 2014 detached price in the Dorset local authority area. The most recent EPC inspection was December 2012, where the current energy rating was D, and the potential energy rating was C.

9 MARGARDS LANE Sold Prices

Land registry data shows two sales for 9 MARGARDS LANE 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. Both of the two 9 MARGARDS LANE 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
2014 7 JUL	£460,000	£346,013	33% above HPI
1997 28 NOV	£140,000	£113,253	24% above HPI

9 MARGARDS LANE 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 9 MARGARDS LANE sales from November 1997 and July 2014 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 1997 sale was for 24% above the HPI. So the extrapolation line tracks at 24% above the HPI over time, until the July 2014 sale, where it rises to 33% above the HPI. The line then continues to track at 33% above the HPI.

How Large is 9 MARGARDS LANE?

9 MARGARDS LANE is 191m², which includes two extensions, according to the EPC inspection conducted in December 2012. This puts it in the largest 10% of detached houses in Verwood, based on EPC data. The below chart shows the distribution of detached houses by size in Verwood, and where 9 MARGARDS LANE lies on this distribution: 95% of detached houses are smaller than 9 MARGARDS LANE, and 5% of houses are larger. Note that EPC data is not available for all properties in Verwood.

9 MARGARDS LANE: Plot and Title Map

9 MARGARDS LANE sits on a plot of roughly 0.123 of an acre, or 498m². The below map shows the location of 9 MARGARDS LANE, 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 9 MARGARDS LANE). 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 9 MARGARDS LANE?

9 MARGARDS LANE is located in VERWOOD, in the BH31 postcode district. The below map shows the position of No. 9 on MARGARDS LANE.