24, PELICAN MEAD, HIGHTOWN, RINGWOOD, BH24 3RG - £365,000

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

24 PELICAN MEAD is a small extended detached house of 110m², built sometime between 1983 and 1990. It was last sold for £365,000 in February 2018, which was around 25% below the average February 2018 detached price in the New Forest local authority area. The most recent EPC inspection was June 2023, where the current energy rating was C, and the potential energy rating was B.

24 PELICAN MEAD Sold Prices

Land registry data shows four sales for 24 PELICAN MEAD 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 24 PELICAN MEAD 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
2018 9 FEB	£365,000	£486,214	25% below HPI
2004 27 APR	£270,000	£288,626	6% below HPI
2002 31 JUL	£220,000	£229,157	4% below HPI
1997 11 APR	£95,000	£111,106	14% below HPI

24 PELICAN MEAD 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 24 PELICAN MEAD sales between April 1997 and February 2018 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 April 2004 sale was for 6% below the HPI. So the extrapolation line tracks at 6% below the HPI over time, until the February 2018 sale, where it falls to 25% below the HPI. The line then continues to track at 25% below the HPI.

How Large is 24 PELICAN MEAD?

24 PELICAN MEAD is 110m², which includes four extensions, according to the EPC inspection conducted in June 2023. This puts it in the smallest 30% of detached houses in Hightown, based on EPC data. The below chart shows the distribution of detached houses by size in Hightown, and where 24 PELICAN MEAD lies on this distribution: 29% of detached houses are smaller than 24 PELICAN MEAD, and 69% of houses are larger. Note that EPC data is not available for all properties in Hightown.

24 PELICAN MEAD: Plot and Title Map

24 PELICAN MEAD sits on a plot of roughly 0.057 of an acre, or 230m². The below map shows the location of 24 PELICAN MEAD, 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 24 PELICAN MEAD). 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 24 PELICAN MEAD?

24 PELICAN MEAD is located in HIGHTOWN, in the BH24 postcode district. The below map shows the position of No. 24 on PELICAN MEAD.