MAGNOLIAS, HOWE LANE, VERWOOD, BH31 6JF - £325,000

MAGNOLIAS is a small detached house of 97m², built sometime between 1967 and 1975. It was last sold for £325,000 in September 2011, which was around 2% above the average September 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 D.

MAGNOLIAS Sold Prices

Land registry data shows two sales for MAGNOLIAS 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 MAGNOLIAS sales were for above 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 22 SEP	£325,000	£318,786	2% above HPI
1998 5 MAY	£135,000	£117,175	15% above HPI

MAGNOLIAS 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 MAGNOLIAS sales from May 1998 and September 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 May 1998 sale was for 15% above the HPI. So the extrapolation line tracks at 15% above the HPI over time, until the September 2011 sale, where it falls to 2% above the HPI. The line then continues to track at 2% above the HPI.

How Large is MAGNOLIAS?

MAGNOLIAS is 97m² according to the EPC inspection conducted in March 2011. This puts it in the smallest 40% of detached houses in Verwood, based on EPC data. The below chart shows the distribution of detached houses by size in Verwood, and where MAGNOLIAS lies on this distribution: 33% of detached houses are smaller than MAGNOLIAS, and 67% of houses are larger. Note that EPC data is not available for all properties in Verwood.

MAGNOLIAS: Plot and Title Map

MAGNOLIAS sits on a plot of roughly 0.185 of an acre, or 748m². The below map shows the location of MAGNOLIAS, 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 MAGNOLIAS). 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 MAGNOLIAS?

MAGNOLIAS is located on HOWE LANE in VERWOOD, in the BH31 postcode district. The below map shows the position of MAGNOLIAS on HOWE LANE.