2, FALCONWOOD CLOSE, FORDINGBRIDGE, SP6 1TB - £482,500

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.

2 FALCONWOOD CLOSE is a large extended detached house of 121m², built sometime between 1996 and 2002, which could now be worth an estimated £559,833. It was last sold for £482,500 in November 2019, which was around 4% below the average November 2019 detached price in the New Forest local authority area. The most recent EPC inspection was October 2019, where the current energy rating was C, and the potential energy rating was B.

2 FALCONWOOD CLOSE Sold Prices

Land registry data shows three sales for 2 FALCONWOOD CLOSE since 1^st 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 FALCONWOOD CLOSE 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
2019 15 NOV	£482,500	£501,993	4% below HPI
2006 10 FEB	£340,000	£320,555	6% above HPI
1999 7 JUN	£172,950	£151,033	15% above HPI

2 FALCONWOOD CLOSE 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 three 2 FALCONWOOD CLOSE sales between June 1999 and November 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 February 2006 sale was for 6% above the HPI. So the extrapolation line tracks at 6% above the HPI over time, until the November 2019 sale, where it falls to 4% below the HPI. The line then continues to track at 4% below the HPI.

What might 2 FALCONWOOD CLOSE be worth now?

2 FALCONWOOD CLOSE might now be worth an estimated £559,833.

This is based on house price inflation of 16%, between November 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 16% inflationary increase is applied to the most recent sale price for 2 FALCONWOOD CLOSE of £482,500 on 15th November 2019. For the value to have increased from £482,500 to £559,833 over the six years and nine months to February 2025, the following assumptions must hold true:

• The value of 2 FALCONWOOD CLOSE has moved in line with the HPI for detached houses in the New Forest local authority area.
• The November 2019 sale price of £482,500 represented a fair market value for the property.
• The size, condition, and specification of 2 FALCONWOOD CLOSE has not materially changed since November 2019.

How Large is 2 FALCONWOOD CLOSE?

2 FALCONWOOD CLOSE is 121m², which includes one extension, according to the EPC inspection conducted in October 2019. This puts it in the largest 40% of detached houses houses in Ashford, based on EPC data. The below chart shows the distribution of detached houses houses by size in Ashford, and where 2 FALCONWOOD CLOSE lies on this distribution: 61% of detached houses houses are smaller than 2 FALCONWOOD CLOSE, and 37% of houses are larger. Note that EPC data is not available for all properties in Ashford.

2 FALCONWOOD CLOSE: Plot and Title Map

2 FALCONWOOD CLOSE sits on a plot of roughly 0.105 of an acre, or 426m². The below map shows the location of 2 FALCONWOOD CLOSE, 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 FALCONWOOD CLOSE). 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 2 FALCONWOOD CLOSE?

2 FALCONWOOD CLOSE is located in FORDINGBRIDGE, in the SP6 postcode district. The below map shows the position of No. 2 on FALCONWOOD CLOSE.