5, FERNLEA CLOSE, ASHLEY HEATH, RINGWOOD, BH24 2HE - £377,000

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.

5 FERNLEA CLOSE is a small extended detached house of 120m², built sometime between 1950 and 1966, which could now be worth an estimated £563,106. It was last sold for £377,000 in June 2014, which was around 7% above the average June 2014 detached price in the Dorset local authority area. The most recent EPC inspection was April 2013, where the current energy rating was D, and the potential energy rating was C.

5 FERNLEA CLOSE Sold Prices

Land registry data shows two sales for 5 FERNLEA CLOSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Dorset local authority area for the corresponding sale date. Both of the two 5 FERNLEA 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
2014 26 JUN	£377,000	£353,785	7% above HPI
1996 9 DEC	£107,500	£101,250	6% above HPI

5 FERNLEA 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 two 5 FERNLEA CLOSE sales from December 1996 and June 2014 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 December 1996 sale was for 6% above the HPI. So the extrapolation line tracks at 6% above the HPI over time, until the June 2014 sale, where it rises to 7% above the HPI. The line then continues to track at 7% above the HPI.

What might 5 FERNLEA CLOSE be worth now?

5 FERNLEA CLOSE might now be worth an estimated £563,106.

This is based on house price inflation of 49.4%, between June 2014 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 49.4% inflationary increase is applied to the most recent sale price for 5 FERNLEA CLOSE of £377,000 on 26th June 2014. For the value to have increased from £377,000 to £563,106 over the eleven years and four months to February 2025, the following assumptions must hold true:

• The value of 5 FERNLEA CLOSE has moved in line with the HPI for detached houses in the Dorset local authority area.
• The June 2014 sale price of £377,000 represented a fair market value for the property.
• The size, condition, and specification of 5 FERNLEA CLOSE has not materially changed since June 2014.

How Large is 5 FERNLEA CLOSE?

5 FERNLEA CLOSE is 120m², which includes one extension, according to the EPC inspection conducted in April 2013. This puts it in the smallest 30% 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 5 FERNLEA CLOSE lies on this distribution: 27% of detached houses houses are smaller than 5 FERNLEA CLOSE, and 72% of houses are larger. Note that EPC data is not available for all properties in Ashley Heath.

5 FERNLEA CLOSE: Plot and Title Map

5 FERNLEA CLOSE sits on a plot of roughly 0.203 of an acre, or 823m². The below map shows the location of 5 FERNLEA 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 5 FERNLEA 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 5 FERNLEA CLOSE?

5 FERNLEA CLOSE is located in ASHLEY HEATH, in the BH24 postcode district. The below map shows the position of No. 5 on FERNLEA CLOSE.