61 LAKE ROAD is a very small detached house of 70m², built sometime between 1967 and 1975. It was last sold for £485,000 in July 2023, which was around 8% below 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 C, and the potential energy rating was B.
Land registry data shows two sales for 61 LAKE ROAD since 1st 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 61 LAKE ROAD 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 |
---|---|---|---|
2023 24 JUL | £485,000 | £528,890 | 8% below HPI |
2010 3 DEC | £297,500 | £320,704 | 7% below HPI |
The below graph shows the average detached house price in the Dorset local authority area over time, sourced from the HPI. The two 61 LAKE ROAD sales from December 2010 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 December 2010 sale was for 7% below the HPI. So the extrapolation line tracks at 7% below the HPI over time, until the July 2023 sale, where it falls to 8% below the HPI. The line then continues to track at 8% below the HPI.
61 LAKE ROAD is 70m² 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 61 LAKE ROAD lies on this distribution: 4% of detached houses are smaller than 61 LAKE ROAD, and 96% of houses are larger. Note that EPC data is not available for all properties in Verwood.
61 LAKE ROAD sits on a plot of roughly 0.132 of an acre, or 533m². The below map shows the location of 61 LAKE ROAD, 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 61 LAKE ROAD). 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.
61 LAKE ROAD is located in VERWOOD, in the BH31 postcode district. The below map shows the position of No. 61 on LAKE ROAD.