12, WATERSHIP DRIVE, RINGWOOD, BH24 1QY - £505,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

12 WATERSHIP DRIVE is a midsized extended detached house of 115m², built sometime between 1983 and 1990. It was last sold for £505,000 in October 2020, which was around 2% above the average October 2020 detached price in the New Forest local authority area. The most recent EPC inspection was October 2018, where the current energy rating was C, and the potential energy rating was B.

12 WATERSHIP DRIVE Sold Prices

Land registry data shows two sales for 12 WATERSHIP DRIVE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the New Forest local authority area for the corresponding sale date. Both of the two 12 WATERSHIP DRIVE 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
2020 21 OCT	£505,000	£496,775	2% above HPI
1998 7 SEP	£153,000	£136,998	12% above HPI

12 WATERSHIP DRIVE 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 two 12 WATERSHIP DRIVE sales from September 1998 and October 2020 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 September 1998 sale was for 12% above the HPI. So the extrapolation line tracks at 12% above the HPI over time, until the October 2020 sale, where it falls to 2% above the HPI. The line then continues to track at 2% above the HPI.

How Large is 12 WATERSHIP DRIVE?

12 WATERSHIP DRIVE is 115m², which includes two extensions, according to the EPC inspection conducted in October 2018. This puts it in the smallest 50% of detached houses in Hightown, based on EPC data. The below chart shows the distribution of detached houses by size in Hightown, and where 12 WATERSHIP DRIVE lies on this distribution: 42% of detached houses are smaller than 12 WATERSHIP DRIVE, and 57% of houses are larger. Note that EPC data is not available for all properties in Hightown.

12 WATERSHIP DRIVE: Plot and Title Map

12 WATERSHIP DRIVE sits on a plot of roughly 0.106 of an acre, or 431m². The below map shows the location of 12 WATERSHIP DRIVE, 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 12 WATERSHIP DRIVE). 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 12 WATERSHIP DRIVE?

12 WATERSHIP DRIVE is located in RINGWOOD, in the BH24 postcode district. The below map shows the position of No. 12 on WATERSHIP DRIVE.