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 SOMERLEY VIEW is a large extended detached house of 139m², built sometime between 1983 and 1990. It was last sold for £525,000 in October 2011, which was around 48% above the average October 2011 detached price in the New Forest local authority area. The most recent EPC inspection was July 2011, where the current energy rating was D, and the potential energy rating was C.
Land registry data shows three sales for 2 SOMERLEY VIEW 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. All of the three 2 SOMERLEY VIEW sales 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 |
---|---|---|---|
2011 21 OCT | £525,000 | £354,035 | 48% above HPI |
2005 29 JUL | £370,000 | £302,544 | 22% above HPI |
1995 7 MAR | £185,000 | £101,453 | 82% 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 SOMERLEY VIEW sales between March 1995 and October 2011 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 2005 sale was for 22% above the HPI. So the extrapolation line tracks at 22% above the HPI over time, until the October 2011 sale, where it rises to 48% above the HPI. The line then continues to track at 48% above the HPI.
2 SOMERLEY VIEW is 139m², which includes one extension, according to the EPC inspection conducted in July 2011. This puts it in the largest 30% 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 SOMERLEY VIEW lies on this distribution: 70% of detached houses are smaller than 2 SOMERLEY VIEW, and 30% of houses are larger. Note that EPC data is not available for all properties in Ringwood.
2 SOMERLEY VIEW sits on a plot of roughly 0.241 of an acre, or 977m². The below map shows the location of 2 SOMERLEY VIEW, 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 SOMERLEY VIEW). 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 SOMERLEY VIEW is located in RINGWOOD, in the BH24 postcode district. The below map shows the position of No. 2 on SOMERLEY VIEW.