42, WESSEX ESTATE, RINGWOOD, BH24 1XE - £275,000

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.

42 WESSEX ESTATE is a small terraced house of 93m², built sometime between 1950 and 1966, which could now be worth an estimated £327,050. It was last sold for £275,000 in January 2019, which was around 9% above the average January 2019 terraced price in the New Forest local authority area. The most recent EPC inspection was August 2018, where the current energy rating was C, and the potential energy rating was B.

42 WESSEX ESTATE Sold Prices

Land registry data shows two sales for 42 WESSEX ESTATE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average terraced price in the New Forest local authority area for the corresponding sale date. One of the two 42 WESSEX ESTATE sales was for above the average price, whilst the other was 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
2019 17 JAN	£275,000	£252,826	9% above HPI
2010 19 NOV	£173,500	£186,545	7% below HPI

42 WESSEX ESTATE Price Paid vs. HPI Average

The below graph shows the average terraced house price in the New Forest local authority area over time, sourced from the HPI. The two 42 WESSEX ESTATE sales from November 2010 and January 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 November 2010 sale was for 7% below the HPI. So the extrapolation line tracks at 7% below the HPI over time, until the January 2019 sale, where it rises to 9% above the HPI. The line then continues to track at 9% above the HPI.

What might 42 WESSEX ESTATE be worth now?

42 WESSEX ESTATE might now be worth an estimated £327,050.

This is based on house price inflation of 18.9%, between January 2019 and July 2025, for terraced 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 18.9% inflationary increase is applied to the most recent sale price for 42 WESSEX ESTATE of £275,000 on 17th January 2019. For the value to have increased from £275,000 to £327,050 over the five years and six months to July 2025, the following assumptions must hold true:

• The value of 42 WESSEX ESTATE has moved in line with the HPI for terraced houses in the New Forest local authority area.
• The January 2019 sale price of £275,000 represented a fair market value for the property.
• The size, condition, and specification of 42 WESSEX ESTATE has not materially changed since January 2019.

How Large is 42 WESSEX ESTATE?

42 WESSEX ESTATE is 93m² according to the EPC inspection conducted in August 2018. This puts it in the smallest 30% of terraced houses houses in Ringwood, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Ringwood, and where 42 WESSEX ESTATE lies on this distribution: 29% of terraced houses houses are smaller than 42 WESSEX ESTATE, and 70% of houses are larger. Note that EPC data is not available for all properties in Ringwood.

42 WESSEX ESTATE: Plot and Title Map

42 WESSEX ESTATE sits on a plot of roughly 0.089 of an acre, or 360m². The below map shows the location of 42 WESSEX ESTATE, 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 42 WESSEX ESTATE). 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 42 WESSEX ESTATE?

42 WESSEX ESTATE is located in RINGWOOD, in the BH24 postcode district. The below map shows the position of No. 42 on WESSEX ESTATE.