OAKLANDS, CHAPEL LANE, CORFE MULLEN, WIMBORNE, BH21 3SL - £492,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

OAKLANDS is a large extended detached house of 163m², built sometime between 1976 and 1982, which could now be worth an estimated £645,396. It was last sold for £492,000 in August 2016, which was around 22% above the average August 2016 detached price in the Dorset local authority area. The most recent EPC inspection was February 2016, where the current energy rating was D, and the potential energy rating was C.

OAKLANDS Sold Prices

Land registry data shows three sales for OAKLANDS 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 OAKLANDS 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
2016 30 AUG	£492,000	£402,835	22% above HPI
2004 18 NOV	£390,000	£293,543	33% above HPI
1997 25 NOV	£152,000	£116,780	30% above HPI

OAKLANDS 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 OAKLANDS sales between November 1997 and August 2016 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 2004 sale was for 33% above the HPI. So the extrapolation line tracks at 33% above the HPI over time, until the August 2016 sale, where it falls to 22% above the HPI. The line then continues to track at 22% above the HPI.

What might OAKLANDS be worth now?

OAKLANDS might now be worth an estimated £645,396.

This is based on house price inflation of 31.2%, between August 2016 and February 2025, 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 31.2% inflationary increase is applied to the most recent sale price for OAKLANDS of £492,000 on 30th August 2016. For the value to have increased from £492,000 to £645,396 over the nine years and six months to February 2025, the following assumptions must hold true:

• The value of OAKLANDS has moved in line with the HPI for detached houses in the Dorset local authority area.
• The August 2016 sale price of £492,000 represented a fair market value for the property.
• The size, condition, and specification of OAKLANDS has not materially changed since August 2016.

How Large is OAKLANDS?

OAKLANDS is 163m², which includes one extension, according to the EPC inspection conducted in February 2016. This puts it in the largest 20% of detached houses houses in Corfe Mullen, based on EPC data. The below chart shows the distribution of detached houses houses by size in Corfe Mullen, and where OAKLANDS lies on this distribution: 80% of detached houses houses are smaller than OAKLANDS, and 20% of houses are larger. Note that EPC data is not available for all properties in Corfe Mullen.

OAKLANDS: Plot and Title Map

OAKLANDS sits on a plot of roughly 0.124 of an acre, or 503m². The below map shows the location of OAKLANDS, 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 OAKLANDS). 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 OAKLANDS?

OAKLANDS is located on CHAPEL LANE in CORFE MULLEN, in the BH21 postcode district. The below map shows the position of OAKLANDS on CHAPEL LANE.