49, ADDISON SQUARE, RINGWOOD, BH24 1NY - £315,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

49 ADDISON SQUARE is a small extended detached house of 86m², built sometime between 1930 and 1949, which could now be worth an estimated £306,384. It was last sold for £315,000 in October 2023, which was around 47% below the average October 2023 detached price in the New Forest local authority area. The most recent EPC inspection was April 2024, where the current energy rating was E, and the potential energy rating was B.

49 ADDISON SQUARE Sold Prices

Land registry data shows four sales for 49 ADDISON SQUARE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the New Forest local authority area for the corresponding sale date. All of the four 49 ADDISON SQUARE 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
2023 9 OCT	£315,000	£598,830	47% below HPI
2009 24 AUG	£172,000	£330,316	48% below HPI
1997 6 AUG	£55,000	£129,277	57% below HPI
1995 24 FEB	£69,950	£107,173	35% below HPI

49 ADDISON SQUARE 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 four 49 ADDISON SQUARE sales between February 1995 and October 2023 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 August 2009 sale was for 48% below the HPI. So the extrapolation line tracks at 48% below the HPI over time, until the October 2023 sale, where it rises to 47% below the HPI. The line then continues to track at 47% below the HPI.

What might 49 ADDISON SQUARE be worth now?

49 ADDISON SQUARE might now be worth an estimated £306,384.

This is based on house price deflation of 2.7%, between October 2023 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 2.7% deflationary decrease is applied to the most recent sale price for 49 ADDISON SQUARE of £315,000 on 9th October 2023. For the value to have decreased from £315,000 to £306,384 over the two years and eight months to February 2025, the following assumptions must hold true:

• The value of 49 ADDISON SQUARE has moved in line with the HPI for detached houses in the New Forest local authority area.
• The October 2023 sale price of £315,000 represented a fair market value for the property.
• The size, condition, and specification of 49 ADDISON SQUARE has not materially changed since October 2023.

How Large is 49 ADDISON SQUARE?

49 ADDISON SQUARE is 86m², which includes one extension, according to the EPC inspection conducted in April 2024. This puts it in the smallest 30% 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 49 ADDISON SQUARE lies on this distribution: 21% of detached houses houses are smaller than 49 ADDISON SQUARE, and 78% of houses are larger. Note that EPC data is not available for all properties in Ringwood.

49 ADDISON SQUARE: Plot and Title Map

49 ADDISON SQUARE sits on a plot of roughly 0.089 of an acre, or 359m². The below map shows the location of 49 ADDISON SQUARE, 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 49 ADDISON SQUARE). 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 49 ADDISON SQUARE?

49 ADDISON SQUARE is located in RINGWOOD, in the BH24 postcode district. The below map shows the position of No. 49 on ADDISON SQUARE.