3, MANDALAY CLOSE, VERWOOD, BH31 6LR - £550,000

3 MANDALAY CLOSE is a very small detached house of 66m², built sometime between 1991 and 1995. It was last sold for £550,000 in July 2023, which was around 4% above the average July 2023 detached price in the Dorset local authority area. The most recent EPC inspection was April 2023, where the current energy rating was D, and the potential energy rating was B.

3 MANDALAY CLOSE Sold Prices

Land registry data shows two sales for 3 MANDALAY CLOSE 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 3 MANDALAY CLOSE 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
2023 14 JUL	£550,000	£528,890	4% above HPI
1999 12 JUL	£199,000	£133,274	49% above HPI

3 MANDALAY 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 two 3 MANDALAY CLOSE sales from July 1999 and July 2023 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 1999 sale was for 49% above the HPI. So the extrapolation line tracks at 49% above the HPI over time, until the July 2023 sale, where it falls to 4% above the HPI. The line then continues to track at 4% above the HPI.

How Large is 3 MANDALAY CLOSE?

3 MANDALAY CLOSE is 66m² according to the EPC inspection conducted in April 2023. This puts it in the smallest 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 3 MANDALAY CLOSE lies on this distribution: 3% of detached houses are smaller than 3 MANDALAY CLOSE, and 97% of houses are larger. Note that EPC data is not available for all properties in Verwood.

3 MANDALAY CLOSE: Plot and Title Map

3 MANDALAY CLOSE sits on a plot of roughly 0.182 of an acre, or 738m². The below map shows the location of 3 MANDALAY 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 3 MANDALAY 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 3 MANDALAY CLOSE?

3 MANDALAY CLOSE is located in VERWOOD, in the BH31 postcode district. The below map shows the position of No. 3 on MANDALAY CLOSE.