FOREST GATE, STATION ROAD, VERWOOD, BH31 7LA - £640,000

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

FOREST GATE is a very large extended detached house of 148m², built sometime between 1930 and 1949. It was last sold for £640,000 in March 2022, which was around 27% above the average March 2022 detached price in the Dorset local authority area. The most recent EPC inspection was July 2021, where the current energy rating was C, and the potential energy rating was B.

FOREST GATE Sold Prices

Land registry data shows two sales for FOREST GATE 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 FOREST GATE 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
2022 31 MAR	£640,000	£502,934	27% above HPI
2018 3 JUL	£340,000	£427,268	20% below HPI

FOREST GATE 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 FOREST GATE sales from July 2018 and March 2022 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 July 2018 sale was for 20% below the HPI. So the extrapolation line tracks at 20% below the HPI over time, until the March 2022 sale, where it rises to 27% above the HPI. The line then continues to track at 27% above the HPI.

How Large is FOREST GATE?

FOREST GATE is 148m², which includes two extensions, according to the EPC inspection conducted in July 2021. 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 FOREST GATE lies on this distribution: 83% of detached houses are smaller than FOREST GATE, and 16% of houses are larger. Note that EPC data is not available for all properties in Verwood.

FOREST GATE: Plot and Title Map

FOREST GATE sits on a plot of roughly 0.196 of an acre, or 795m². The below map shows the location of FOREST GATE, 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 FOREST GATE). 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 FOREST GATE?

FOREST GATE is located on STATION ROAD in VERWOOD, in the BH31 postcode district. The below map shows the position of FOREST GATE on STATION ROAD.