38, MARGARDS LANE, VERWOOD, BH31 6JW - £242,000

38 MARGARDS LANE is a large extended detached house of 135m², built sometime between 1976 and 1982. It was last sold for £242,000 in April 2009, which was around 12% below the average April 2009 detached price in the Dorset local authority area. The most recent EPC inspection was November 2008, where the current energy rating was D, and the potential energy rating was C.

38 MARGARDS LANE Sold Prices

Land registry data shows four sales for 38 MARGARDS LANE 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 38 MARGARDS LANE 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
2009 3 APR	£242,000	£274,977	12% below HPI
2003 28 MAR	£222,000	£241,631	8% below HPI
1999 22 NOV	£128,000	£142,977	10% below HPI
1996 4 DEC	£87,500	£98,192	11% below HPI

38 MARGARDS LANE 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 38 MARGARDS LANE sales between December 1996 and April 2009 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 2003 sale was for 8% below the HPI. So the extrapolation line tracks at 8% below the HPI over time, until the April 2009 sale, where it falls to 12% below the HPI. The line then continues to track at 12% below the HPI.

How Large is 38 MARGARDS LANE?

38 MARGARDS LANE is 135m², which includes one extension, according to the EPC inspection conducted in November 2008. This puts it in the largest 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 38 MARGARDS LANE lies on this distribution: 75% of detached houses are smaller than 38 MARGARDS LANE, and 25% of houses are larger. Note that EPC data is not available for all properties in Verwood.

38 MARGARDS LANE: Plot and Title Map

38 MARGARDS LANE sits on a plot of roughly 0.098 of an acre, or 398m². The below map shows the location of 38 MARGARDS LANE, 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 38 MARGARDS LANE). 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 38 MARGARDS LANE?

38 MARGARDS LANE is located in VERWOOD, in the BH31 postcode district. The below map shows the position of No. 38 on MARGARDS LANE.