11, OAK LANE, RINGWOOD, BH24 1QP - £425,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

11 OAK LANE is a midsized detached house of 118m², built sometime between 1996 and 2002, which could now be worth an estimated £491,252. It was last sold for £425,000 in October 2019, which was around 16% below the average October 2019 detached price in the New Forest local authority area. The most recent EPC inspection was March 2012, where the current energy rating was D, and the potential energy rating was C.

11 OAK LANE Sold Prices

Land registry data shows five sales for 11 OAK LANE since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the New Forest local authority area for the corresponding sale date. The five 11 OAK LANE sales were a mix of below the average price, roughly equal to the average price, and 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
2019 23 OCT	£425,000	£503,899	16% below HPI
2013 11 JUL	£365,000	£364,929	Close to HPI
2007 13 DEC	£382,500	£378,874	1% above HPI
2005 1 JUL	£250,000	£319,560	22% below HPI
2005 13 APR	£248,000	£322,383	23% below HPI

11 OAK LANE Price Paid vs. HPI Average

The below graph shows the average detached house price in the New Forest local authority area over time, sourced from the HPI. The five 11 OAK LANE sales between April 2005 and October 2019 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 July 2013 sale roughly matched the HPI. So the extrapolation line tracks roughly in line with the HPI over time, until the October 2019 sale, where it falls to 16% below the HPI. The line then continues to track at 16% below the HPI.

What might 11 OAK LANE be worth now?

11 OAK LANE might now be worth an estimated £491,252.

This is based on house price inflation of 15.6%, between October 2019 and February 2025, for detached houses, in the New Forest local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 15.6% inflationary increase is applied to the most recent sale price for 11 OAK LANE of £425,000 on 23rd October 2019. For the value to have increased from £425,000 to £491,252 over the six years and eight months to February 2025, the following assumptions must hold true:

• The value of 11 OAK LANE has moved in line with the HPI for detached houses in the New Forest local authority area.
• The October 2019 sale price of £425,000 represented a fair market value for the property.
• The size, condition, and specification of 11 OAK LANE has not materially changed since October 2019.

How Large is 11 OAK LANE?

11 OAK LANE is 118m² according to the EPC inspection conducted in March 2012. This puts it in the largest 50% of detached houses houses in Ringwood, based on EPC data. The below chart shows the distribution of detached houses houses by size in Ringwood, and where 11 OAK LANE lies on this distribution: 53% of detached houses houses are smaller than 11 OAK LANE, and 47% of houses are larger. Note that EPC data is not available for all properties in Ringwood.

11 OAK LANE: Plot and Title Map

11 OAK LANE sits on a plot of roughly 0.105 of an acre, or 424m². The below map shows the location of 11 OAK 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 11 OAK 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 11 OAK LANE?

11 OAK LANE is located in RINGWOOD, in the BH24 postcode district. The below map shows the position of No. 11 on OAK LANE.