12, LAUREL CLOSE, CORFE MULLEN, WIMBORNE, BH21 3TD - £385,000

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.

12 LAUREL CLOSE is a midsized extended detached house of 111m², built sometime between 1967 and 1975, which could now be worth an estimated £437,226. It was last sold for £385,000 in December 2020, which was around 17% below the average December 2020 detached price in the Dorset local authority area. The most recent EPC inspection was August 2020, where the current energy rating was D, and the potential energy rating was C.

12 LAUREL CLOSE Sold Prices

Land registry data shows four sales for 12 LAUREL 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 12 LAUREL CLOSE sales were 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
2020 3 DEC	£385,000	£466,194	17% below HPI
2014 3 NOV	£275,000	£372,559	26% below HPI
2002 2 AUG	£179,000	£225,048	20% below HPI
1996 22 AUG	£7,500	£99,357	92% below HPI

12 LAUREL 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 12 LAUREL CLOSE sales between August 1996 and December 2020 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 2014 sale was for 26% below the HPI. So the extrapolation line tracks at 26% below the HPI over time, until the December 2020 sale, where it rises to 17% below the HPI. The line then continues to track at 17% below the HPI.

What might 12 LAUREL CLOSE be worth now?

12 LAUREL CLOSE might now be worth an estimated £437,226.

This is based on house price inflation of 13.6%, between December 2020 and March 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 13.6% inflationary increase is applied to the most recent sale price for 12 LAUREL CLOSE of £385,000 on 3rd December 2020. For the value to have increased from £385,000 to £437,226 over the five years and nine months to March 2025, the following assumptions must hold true:

• The value of 12 LAUREL CLOSE has moved in line with the HPI for detached houses in the Dorset local authority area.
• The December 2020 sale price of £385,000 represented a fair market value for the property.
• The size, condition, and specification of 12 LAUREL CLOSE has not materially changed since December 2020.

How Large is 12 LAUREL CLOSE?

12 LAUREL CLOSE is 111m², which includes one extension, according to the EPC inspection conducted in August 2020. This puts it in the smallest 50% 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 12 LAUREL CLOSE lies on this distribution: 46% of detached houses houses are smaller than 12 LAUREL CLOSE, and 53% of houses are larger. Note that EPC data is not available for all properties in Corfe Mullen.

12 LAUREL CLOSE: Plot and Title Map

12 LAUREL CLOSE sits on a plot of roughly 0.094 of an acre, or 382m². The below map shows the location of 12 LAUREL 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 12 LAUREL 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 12 LAUREL CLOSE?

12 LAUREL CLOSE is located in CORFE MULLEN, in the BH21 postcode district. The below map shows the position of No. 12 on LAUREL CLOSE.