16, WESSEX ROAD, RINGWOOD, BH24 1XB - £437,000

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.

16 WESSEX ROAD is a large detached house of 153m², which could now be worth an estimated £499,849. It was last sold for £437,000 in August 2018, which was around 14% below the average August 2018 detached price in the New Forest local authority area. The most recent EPC inspection was November 2009, where the current energy rating was B, and the potential energy rating was B.

16 WESSEX ROAD Sold Prices

Land registry data shows two sales for 16 WESSEX ROAD 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 16 WESSEX 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
2018 31 AUG	£437,000	£509,215	14% below HPI
2010 2 AUG	£332,500	£366,638	9% below HPI

16 WESSEX ROAD 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 16 WESSEX ROAD sales from August 2010 and August 2018 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 August 2010 sale was for 9% below the HPI. So the extrapolation line tracks at 9% below the HPI over time, until the August 2018 sale, where it falls to 14% below the HPI. The line then continues to track at 14% below the HPI.

What might 16 WESSEX ROAD be worth now?

16 WESSEX ROAD might now be worth an estimated £499,849.

This is based on house price inflation of 14.4%, between August 2018 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 14.4% inflationary increase is applied to the most recent sale price for 16 WESSEX ROAD of £437,000 on 31st August 2018. For the value to have increased from £437,000 to £499,849 over the seven years and six months to February 2025, the following assumptions must hold true:

• The value of 16 WESSEX ROAD has moved in line with the HPI for detached houses in the New Forest local authority area.
• The August 2018 sale price of £437,000 represented a fair market value for the property.
• The size, condition, and specification of 16 WESSEX ROAD has not materially changed since August 2018.

How Large is 16 WESSEX ROAD?

16 WESSEX ROAD is 153m² according to the EPC inspection conducted in November 2009. This puts it in the largest 30% 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 16 WESSEX ROAD lies on this distribution: 78% of detached houses houses are smaller than 16 WESSEX ROAD, and 22% of houses are larger. Note that EPC data is not available for all properties in Ringwood.

16 WESSEX ROAD: Plot and Title Map

16 WESSEX ROAD sits on a plot of roughly 0.093 of an acre, or 376m². The below map shows the location of 16 WESSEX 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 16 WESSEX 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.

Where is 16 WESSEX ROAD?

16 WESSEX ROAD is located in RINGWOOD, in the BH24 postcode district. The below map shows the position of No. 16 on WESSEX ROAD.