3, OAKWOOD CLOSE, ASHLEY HEATH, RINGWOOD, BH24 2JD - £550,000

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.

3 OAKWOOD CLOSE is a midsized detached house of 148m², built sometime between 1996 and 2002, which could now be worth an estimated £664,468. It was last sold for £550,000 in December 2019, which was around 26% above the average December 2019 detached price in the Dorset local authority area. The most recent EPC inspection was January 2012, where the current energy rating was D, and the potential energy rating was C.

3 OAKWOOD CLOSE Sold Prices

Land registry data shows three sales for 3 OAKWOOD CLOSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Dorset local authority area for the corresponding sale date. All of the three 3 OAKWOOD CLOSE 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
2019 11 DEC	£550,000	£437,398	26% above HPI
2013 14 MAY	£505,000	£333,966	51% above HPI
2003 31 OCT	£435,000	£265,776	64% above HPI

3 OAKWOOD CLOSE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Dorset local authority area over time, sourced from the HPI. The three 3 OAKWOOD CLOSE sales between October 2003 and December 2019 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 2013 sale was for 51% above the HPI. So the extrapolation line tracks at 51% above the HPI over time, until the December 2019 sale, where it falls to 26% above the HPI. The line then continues to track at 26% above the HPI.

What might 3 OAKWOOD CLOSE be worth now?

3 OAKWOOD CLOSE might now be worth an estimated £664,468.

This is based on house price inflation of 20.8%, between December 2019 and February 2025, for detached houses, in the Dorset local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 20.8% inflationary increase is applied to the most recent sale price for 3 OAKWOOD CLOSE of £550,000 on 11th December 2019. For the value to have increased from £550,000 to £664,468 over the six years and ten months to February 2025, the following assumptions must hold true:

• The value of 3 OAKWOOD CLOSE has moved in line with the HPI for detached houses in the Dorset local authority area.
• The December 2019 sale price of £550,000 represented a fair market value for the property.
• The size, condition, and specification of 3 OAKWOOD CLOSE has not materially changed since December 2019.

How Large is 3 OAKWOOD CLOSE?

3 OAKWOOD CLOSE is 148m² according to the EPC inspection conducted in January 2012. This puts it in the largest 50% of detached houses houses in Ashley Heath, based on EPC data. The below chart shows the distribution of detached houses houses by size in Ashley Heath, and where 3 OAKWOOD CLOSE lies on this distribution: 51% of detached houses houses are smaller than 3 OAKWOOD CLOSE, and 49% of houses are larger. Note that EPC data is not available for all properties in Ashley Heath.

3 OAKWOOD CLOSE: Plot and Title Map

3 OAKWOOD CLOSE sits on a plot of roughly 0.244 of an acre, or 989m². The below map shows the location of 3 OAKWOOD 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 3 OAKWOOD 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 3 OAKWOOD CLOSE?

3 OAKWOOD CLOSE is located in ASHLEY HEATH, in the BH24 postcode district. The below map shows the position of No. 3 on OAKWOOD CLOSE.