2, WREN CLOSE, HIGHTOWN, RINGWOOD, BH24 3RF - £320,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

2 WREN CLOSE is a very small extended detached house of 97m², built sometime between 1991 and 1995, which could now be worth an estimated £502,975. It was last sold for £320,000 in April 2013, which was around 14% below the average April 2013 detached price in the New Forest local authority area. The most recent EPC inspection was September 2020, where the current energy rating was C, and the potential energy rating was B.

2 WREN CLOSE Sold Prices

Land registry data shows four sales for 2 WREN CLOSE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the New Forest local authority area for the corresponding sale date. All of the four 2 WREN 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 15 APR	£320,000	£370,563	14% below HPI
2011 21 JAN	£305,000	£358,083	15% below HPI
2004 25 AUG	£274,950	£316,708	13% below HPI
2002 27 JUN	£190,000	£236,337	20% below HPI

2 WREN 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 four 2 WREN CLOSE sales between June 2002 and April 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 January 2011 sale was for 15% below the HPI. So the extrapolation line tracks at 15% below the HPI over time, until the April 2013 sale, where it rises to 14% below the HPI. The line then continues to track at 14% below the HPI.

What might 2 WREN CLOSE be worth now?

2 WREN CLOSE might now be worth an estimated £502,975.

This is based on house price inflation of 57.2%, between April 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 57.2% inflationary increase is applied to the most recent sale price for 2 WREN CLOSE of £320,000 on 15th April 2013. For the value to have increased from £320,000 to £502,975 over the twelve years and two months to February 2025, the following assumptions must hold true:

• The value of 2 WREN CLOSE has moved in line with the HPI for detached houses in the New Forest local authority area.
• The April 2013 sale price of £320,000 represented a fair market value for the property.
• The size, condition, and specification of 2 WREN CLOSE has not materially changed since April 2013.

How Large is 2 WREN CLOSE?

2 WREN CLOSE is 97m², which includes one extension, according to the EPC inspection conducted in September 2020. This puts it in the smallest 20% 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 WREN CLOSE lies on this distribution: 15% of detached houses houses are smaller than 2 WREN CLOSE, and 84% of houses are larger. Note that EPC data is not available for all properties in Hightown.

2 WREN CLOSE: Plot and Title Map

2 WREN CLOSE sits on a plot of roughly 0.083 of an acre, or 334m². The below map shows the location of 2 WREN 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 WREN 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 WREN CLOSE?

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