4, THE GROVE, VERWOOD, BH31 6EZ - £334,000

4 THE GROVE is a very small extended detached house of 80m², built sometime between 1983 and 1990. It was last sold for £334,000 in February 2017, which was around 17% below the average February 2017 detached price in the Dorset local authority area. The most recent EPC inspection was June 2015, where the current energy rating was D, and the potential energy rating was B.

4 THE GROVE Sold Prices

Land registry data shows five sales for 4 THE GROVE since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the Dorset local authority area for the corresponding sale date. Most of the five 4 THE GROVE 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
2017 7 FEB	£334,000	£402,386	17% below HPI
2006 24 MAY	£241,000	£295,601	18% below HPI
2004 10 MAR	£225,000	£263,597	15% below HPI
2000 19 OCT	£200,000	£170,266	17% above HPI
1997 1 JUL	£85,000	£107,105	21% below HPI

4 THE GROVE 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 five 4 THE GROVE sales between July 1997 and February 2017 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 May 2006 sale was for 18% below the HPI. So the extrapolation line tracks at 18% below the HPI over time, until the February 2017 sale, where it rises to 17% below the HPI. The line then continues to track at 17% below the HPI.

How Large is 4 THE GROVE?

4 THE GROVE is 80m², which includes one extension, according to the EPC inspection conducted in June 2015. This puts it in the smallest 20% of detached houses in Verwood, based on EPC data. The below chart shows the distribution of detached houses by size in Verwood, and where 4 THE GROVE lies on this distribution: 13% of detached houses are smaller than 4 THE GROVE, and 86% of houses are larger. Note that EPC data is not available for all properties in Verwood.

4 THE GROVE: Plot and Title Map

4 THE GROVE sits on a plot of roughly 0.081 of an acre, or 327m². The below map shows the location of 4 THE GROVE, 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 4 THE GROVE). 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 4 THE GROVE?

4 THE GROVE is located in VERWOOD, in the BH31 postcode district. The below map shows the position of No. 4 on THE GROVE.