16, THE LEA, VERWOOD, BH31 6XN - £440,000

16 THE LEA is a small detached house of 92m², built sometime between 1976 and 1982. It was last sold for £440,000 in December 2022, which was around 20% below the average December 2022 detached price in the Dorset local authority area. The most recent EPC inspection was May 2022, where the current energy rating was D, and the potential energy rating was B.

16 THE LEA Sold Prices

Land registry data shows four sales for 16 THE LEA 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 16 THE LEA 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
2022 9 DEC	£440,000	£547,653	20% below HPI
2016 23 SEP	£300,000	£397,533	25% below HPI
2008 25 MAR	£242,000	£330,557	27% below HPI
2004 17 DEC	£205,000	£283,644	28% below HPI

16 THE LEA 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 16 THE LEA sales between December 2004 and December 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 September 2016 sale was for 25% below the HPI. So the extrapolation line tracks at 25% below the HPI over time, until the December 2022 sale, where it rises to 20% below the HPI. The line then continues to track at 20% below the HPI.

How Large is 16 THE LEA?

16 THE LEA is 92m² according to the EPC inspection conducted in May 2022. This puts it in the smallest 30% of detached houses in Verwood, based on EPC data. The below chart shows the distribution of detached houses by size in Verwood, and where 16 THE LEA lies on this distribution: 27% of detached houses are smaller than 16 THE LEA, and 72% of houses are larger. Note that EPC data is not available for all properties in Verwood.

16 THE LEA: Plot and Title Map

16 THE LEA sits on a plot of roughly 0.075 of an acre, or 303m². The below map shows the location of 16 THE LEA, 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 16 THE LEA). 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 16 THE LEA?

16 THE LEA is located in VERWOOD, in the BH31 postcode district. The below map shows the position of No. 16 on THE LEA.