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
3 MEADOW ROAD is a large extended detached house of 147m², built sometime between 1950 and 1966. It was last sold for £440,100 in July 2020, which was around 8% below the average July 2020 detached price in the New Forest local authority area. The most recent EPC inspection was October 2019, where the current energy rating was D, and the potential energy rating was C.
Land registry data shows three sales for 3 MEADOW ROAD 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 3 MEADOW ROAD 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 |
---|---|---|---|
2020 28 JUL | £440,100 | £476,136 | 8% below HPI |
2003 27 FEB | £265,000 | £268,851 | 1% below HPI |
1996 26 JAN | £76,000 | £99,874 | 24% below 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 3 MEADOW ROAD sales between January 1996 and July 2020 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 February 2003 sale was for 1% below the HPI. So the extrapolation line tracks at 1% below the HPI over time, until the July 2020 sale, where it falls to 8% below the HPI. The line then continues to track at 8% below the HPI.
3 MEADOW ROAD is 147m², which includes two extensions, according to the EPC inspection conducted in October 2019. 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 3 MEADOW ROAD lies on this distribution: 76% of detached houses are smaller than 3 MEADOW ROAD, and 24% of houses are larger. Note that EPC data is not available for all properties in Ringwood.
3 MEADOW ROAD sits on a plot of roughly 0.197 of an acre, or 797m². The below map shows the location of 3 MEADOW ROAD, 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 3 MEADOW ROAD). 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.
3 MEADOW ROAD is located in RINGWOOD, in the BH24 postcode district. The below map shows the position of No. 3 on MEADOW ROAD.