3, PENNINE WAY, VERWOOD, BH31 6UL - £287,000

3 PENNINE WAY is a very small detached house of 73m², built sometime between 1996 and 2002. It was last sold for £287,000 in March 2016, which was around 25% below the average March 2016 detached price in the Dorset local authority area. The most recent EPC inspection was August 2021, where the current energy rating was D, and the potential energy rating was B.

3 PENNINE WAY Sold Prices

Land registry data shows four sales for 3 PENNINE WAY 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 3 PENNINE WAY 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
2016 8 MAR	£287,000	£385,097	25% below HPI
2014 28 MAR	£249,500	£339,015	26% below HPI
2004 2 AUG	£196,450	£281,221	30% below HPI
1997 27 JUN	£87,000	£106,389	18% below HPI

3 PENNINE WAY 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 3 PENNINE WAY sales between June 1997 and March 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 March 2014 sale was for 26% below the HPI. So the extrapolation line tracks at 26% below the HPI over time, until the March 2016 sale, where it rises to 25% below the HPI. The line then continues to track at 25% below the HPI.

How Large is 3 PENNINE WAY?

3 PENNINE WAY is 73m² according to the EPC inspection conducted in August 2021. 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 PENNINE WAY lies on this distribution: 6% of detached houses are smaller than 3 PENNINE WAY, and 94% of houses are larger. Note that EPC data is not available for all properties in Verwood.

3 PENNINE WAY: Plot and Title Map

3 PENNINE WAY sits on a plot of roughly 0.044 of an acre, or 178m². The below map shows the location of 3 PENNINE WAY, 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 PENNINE WAY). 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 PENNINE WAY?

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