4, GREEN LANE, RINGWOOD, BH24 1RE - £328,000

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.

4 GREEN LANE is a very small detached house of 71m², built sometime between 1996 and 2002, which could now be worth an estimated £360,224. It was last sold for £328,000 in March 2021, which was around 38% below the average March 2021 detached price in the New Forest local authority area. The most recent EPC inspection was September 2014, where the current energy rating was D, and the potential energy rating was B.

4 GREEN LANE Sold Prices

Land registry data shows five sales for 4 GREEN LANE since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the New Forest local authority area for the corresponding sale date. All of the five 4 GREEN LANE 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
2021 12 MAR	£328,000	£530,346	38% below HPI
2018 14 SEP	£310,000	£514,424	40% below HPI
2015 15 JUN	£280,000	£418,316	33% below HPI
2004 11 FEB	£249,950	£295,864	16% below HPI
2002 20 AUG	£179,950	£249,637	28% below HPI

4 GREEN LANE 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 five 4 GREEN LANE sales between August 2002 and March 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 September 2018 sale was for 40% below the HPI. So the extrapolation line tracks at 40% below the HPI over time, until the March 2021 sale, where it rises to 38% below the HPI. The line then continues to track at 38% below the HPI.

What might 4 GREEN LANE be worth now?

4 GREEN LANE might now be worth an estimated £360,224.

This is based on house price inflation of 9.8%, between March 2021 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 9.8% inflationary increase is applied to the most recent sale price for 4 GREEN LANE of £328,000 on 12th March 2021. For the value to have increased from £328,000 to £360,224 over the four years and one month to February 2025, the following assumptions must hold true:

• The value of 4 GREEN LANE has moved in line with the HPI for detached houses in the New Forest local authority area.
• The March 2021 sale price of £328,000 represented a fair market value for the property.
• The size, condition, and specification of 4 GREEN LANE has not materially changed since March 2021.

How Large is 4 GREEN LANE?

4 GREEN LANE is 71m² according to the EPC inspection conducted in September 2014. This puts it in the smallest 10% of detached houses houses in Ringwood, based on EPC data. The below chart shows the distribution of detached houses houses by size in Ringwood, and where 4 GREEN LANE lies on this distribution: 6% of detached houses houses are smaller than 4 GREEN LANE, and 93% of houses are larger. Note that EPC data is not available for all properties in Ringwood.

4 GREEN LANE: Plot and Title Map

4 GREEN LANE sits on a plot of roughly 0.077 of an acre, or 310m². The below map shows the location of 4 GREEN LANE, 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 4 GREEN LANE). 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 4 GREEN LANE?

4 GREEN LANE is located in RINGWOOD, in the BH24 postcode district. The below map shows the position of No. 4 on GREEN LANE.