Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources
2 CHARD LANE is a large detached house of 128m². It was last sold for £500,000 in February 2021, which was around 1% below the average February 2021 detached price in the New Forest local authority area. The most recent EPC inspection was May 2018, where the current energy rating was B, and the potential energy rating was A.
Land registry data shows three sales for 2 CHARD LANE since 1st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the New Forest local authority area for the corresponding sale date. One of the three 2 CHARD LANE sales was for below the average price, whilst two 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 |
---|---|---|---|
2021 26 FEB | £500,000 | £506,996 | 1% below HPI |
2018 29 JUN | £500,000 | £479,607 | 4% above HPI |
2016 1 JUL | £9,074,709 | £434,985 | 1986% above HPI |
The below graph shows the average detached house price in the New Forest local authority area over time, sourced from the HPI. The three 2 CHARD LANE sales between July 2016 and February 2021 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 June 2018 sale was for 4% above the HPI. So the extrapolation line tracks at 4% above the HPI over time, until the February 2021 sale, where it falls to 1% below the HPI. The line then continues to track at 1% below the HPI.
2 CHARD LANE is 128m² according to the EPC inspection conducted in May 2018. This puts it in the largest 40% of detached houses in Ringwood, based on EPC data. The below chart shows the distribution of detached houses by size in Ringwood, and where 2 CHARD LANE lies on this distribution: 62% of detached houses are smaller than 2 CHARD LANE, and 37% of houses are larger. Note that EPC data is not available for all properties in Ringwood.
2 CHARD LANE sits on a plot of roughly 0.066 of an acre, or 266m². The below map shows the location of 2 CHARD 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 2 CHARD 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.
2 CHARD LANE is located in RINGWOOD, in the BH24 postcode district. The below map shows the position of No. 2 on CHARD LANE.