2, MERLIN CLOSE, HIGHTOWN, RINGWOOD, BH24 3RB - £317,000

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.

2 MERLIN CLOSE is a small extended detached house of 102m², built sometime between 1983 and 1990, which could now be worth an estimated £497,920. It was last sold for £317,000 in August 2013, which was around 15% below the average August 2013 detached price in the New Forest local authority area. The most recent EPC inspection was May 2013, where the current energy rating was D, and the potential energy rating was B.

2 MERLIN CLOSE Sold Prices

Land registry data shows two sales for 2 MERLIN CLOSE 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 2 MERLIN CLOSE 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
2013 27 AUG	£317,000	£370,816	15% below HPI
2001 10 MAY	£177,000	£209,186	15% below HPI

2 MERLIN 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 two 2 MERLIN CLOSE sales from May 2001 and August 2013 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 May 2001 sale was for 15% below the HPI. So the extrapolation line tracks at 15% below the HPI over time, until the August 2013 sale, which was also at 15% below the HPI.

What might 2 MERLIN CLOSE be worth now?

2 MERLIN CLOSE might now be worth an estimated £497,920.

This is based on house price inflation of 57.1%, between August 2013 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 57.1% inflationary increase is applied to the most recent sale price for 2 MERLIN CLOSE of £317,000 on 27th August 2013. For the value to have increased from £317,000 to £497,920 over the twelve years and six months to February 2025, the following assumptions must hold true:

• The value of 2 MERLIN CLOSE has moved in line with the HPI for detached houses in the New Forest local authority area.
• The August 2013 sale price of £317,000 represented a fair market value for the property.
• The size, condition, and specification of 2 MERLIN CLOSE has not materially changed since August 2013.

How Large is 2 MERLIN CLOSE?

2 MERLIN CLOSE is 102m², which includes one extension, according to the EPC inspection conducted in May 2013. This puts it in the smallest 30% of detached houses houses in Hightown, based on EPC data. The below chart shows the distribution of detached houses houses by size in Hightown, and where 2 MERLIN CLOSE lies on this distribution: 21% of detached houses houses are smaller than 2 MERLIN CLOSE, and 78% of houses are larger. Note that EPC data is not available for all properties in Hightown.

2 MERLIN CLOSE: Plot and Title Map

2 MERLIN CLOSE sits on a plot of roughly 0.064 of an acre, or 257m². The below map shows the location of 2 MERLIN 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 MERLIN 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 MERLIN CLOSE?

2 MERLIN CLOSE is located in HIGHTOWN, in the BH24 postcode district. The below map shows the position of No. 2 on MERLIN CLOSE.