6, MARGARDS LANE, VERWOOD, BH31 6JG - £275,000

6 MARGARDS LANE is a very small detached house of 73m², built sometime between 1967 and 1975. It was last sold for £275,000 in July 2011, which was around 12% below the average July 2011 detached price in the Dorset local authority area. The most recent EPC inspection was March 2011, where the current energy rating was D, and the potential energy rating was C.

6 MARGARDS LANE Sold Prices

Land registry data shows two sales for 6 MARGARDS LANE 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 6 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
2011 20 JUL	£275,000	£313,432	12% below HPI
2007 13 NOV	£247,500	£340,514	27% below HPI

6 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 two 6 MARGARDS LANE sales from November 2007 and July 2011 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 November 2007 sale was for 27% below the HPI. So the extrapolation line tracks at 27% below the HPI over time, until the July 2011 sale, where it rises to 12% below the HPI. The line then continues to track at 12% below the HPI.

How Large is 6 MARGARDS LANE?

6 MARGARDS LANE is 73m² according to the EPC inspection conducted in March 2011. 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 6 MARGARDS LANE lies on this distribution: 6% of detached houses are smaller than 6 MARGARDS LANE, and 94% of houses are larger. Note that EPC data is not available for all properties in Verwood.

6 MARGARDS LANE: Plot and Title Map

6 MARGARDS LANE sits on a plot of roughly 0.123 of an acre, or 499m². The below map shows the location of 6 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 6 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 6 MARGARDS LANE?

6 MARGARDS LANE is located in VERWOOD, in the BH31 postcode district. The below map shows the position of No. 6 on MARGARDS LANE.