Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources
38 WELLANDS ROAD is a small extended detached house of 116m², built sometime between 1967 and 1975. It was last sold for £550,000 in June 2021, which was around 7% above the average June 2021 detached price in the New Forest local authority area. The most recent EPC inspection was October 2020, where the current energy rating was C, and the potential energy rating was B.
Land registry data shows three sales for 38 WELLANDS 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. One of the three 38 WELLANDS ROAD sales was for above the average price, whilst two 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 |
---|---|---|---|
2021 23 JUN | £550,000 | £516,296 | 7% above HPI |
2010 14 JUL | £327,500 | £341,017 | 4% below HPI |
2000 30 AUG | £70,000 | £183,324 | 62% 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 38 WELLANDS ROAD sales between August 2000 and June 2021 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 2010 sale was for 4% below the HPI. So the extrapolation line tracks at 4% below the HPI over time, until the June 2021 sale, where it rises to 7% above the HPI. The line then continues to track at 7% above the HPI.
38 WELLANDS ROAD is 116m², which includes one extension, according to the EPC inspection conducted in October 2020. This puts it in the smallest 40% of detached houses in Lyndhurst, based on EPC data. The below chart shows the distribution of detached houses by size in Lyndhurst, and where 38 WELLANDS ROAD lies on this distribution: 37% of detached houses are smaller than 38 WELLANDS ROAD, and 62% of houses are larger. Note that EPC data is not available for all properties in Lyndhurst.
38 WELLANDS ROAD sits on a plot of roughly 0.088 of an acre, or 355m². The below map shows the location of 38 WELLANDS 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 38 WELLANDS 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.
38 WELLANDS ROAD is located in LYNDHURST, in the SO43 postcode district. The below map shows the position of No. 38 on WELLANDS ROAD.