2, FERN RISE, NEYLAND, MILFORD HAVEN, SA73 1RA - £225,000

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

2 FERN RISE is a small detached house of 88m², built sometime between 2003 and 2006. It was last sold for £225,000 in March 2021, which was around 15% below the average March 2021 detached price in the Pembrokeshire local authority area. The most recent EPC inspection was October 2015, where the current energy rating was C, and the potential energy rating was B.

2 FERN RISE Sold Prices

Land registry data shows two sales for 2 FERN RISE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Pembrokeshire local authority area for the corresponding sale date. Both of the two 2 FERN RISE 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
2021 18 MAR	£225,000	£265,754	15% below HPI
2003 18 JUL	£115,000	£135,975	15% below HPI

2 FERN RISE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Pembrokeshire local authority area over time, sourced from the HPI. The two 2 FERN RISE sales from July 2003 and March 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 July 2003 sale was for 15% below the HPI. So the extrapolation line tracks at 15% below the HPI over time, until the March 2021 sale, which was also at 15% below the HPI.

How Large is 2 FERN RISE?

2 FERN RISE is 88m² according to the EPC inspection conducted in October 2015. This puts it in the smallest 30% of detached houses in Neyland, based on EPC data. The below chart shows the distribution of detached houses by size in Neyland, and where 2 FERN RISE lies on this distribution: 26% of detached houses are smaller than 2 FERN RISE, and 72% of houses are larger. Note that EPC data is not available for all properties in Neyland.

2 FERN RISE: Plot and Title Map

2 FERN RISE sits on a plot of roughly 0.122 of an acre, or 494m². The below map shows the location of 2 FERN RISE, 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 FERN RISE). 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 FERN RISE?

2 FERN RISE is located in NEYLAND, in the SA73 postcode district. The below map shows the position of No. 2 on FERN RISE.