5, FERNLEA WAY, DIBDEN PURLIEU, SOUTHAMPTON, SO45 5SG - £355,000

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

5 FERNLEA WAY is a very small extended detached house of 90m², built sometime between 1991 and 1995. It was last sold for £355,000 in January 2021, which was around 31% below the average January 2021 detached price in the New Forest local authority area. The most recent EPC inspection was February 2012, where the current energy rating was D, and the potential energy rating was D.

5 FERNLEA WAY Sold Prices

Land registry data shows four sales for 5 FERNLEA WAY 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 5 FERNLEA WAY 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 20 JAN	£355,000	£511,053	31% below HPI
2012 2 JUL	£280,000	£345,217	19% below HPI
1999 11 AUG	£125,000	£152,066	18% below HPI
1996 10 SEP	£96,000	£104,872	8% below HPI

5 FERNLEA WAY 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 5 FERNLEA WAY sales between September 1996 and January 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 2012 sale was for 19% below the HPI. So the extrapolation line tracks at 19% below the HPI over time, until the January 2021 sale, where it falls to 31% below the HPI. The line then continues to track at 31% below the HPI.

How Large is 5 FERNLEA WAY?

5 FERNLEA WAY is 90m², which includes two extensions, according to the EPC inspection conducted in February 2012. This puts it in the smallest 20% of detached houses in Dibden Purlieu, based on EPC data. The below chart shows the distribution of detached houses by size in Dibden Purlieu, and where 5 FERNLEA WAY lies on this distribution: 18% of detached houses are smaller than 5 FERNLEA WAY, and 82% of houses are larger. Note that EPC data is not available for all properties in Dibden Purlieu.

5 FERNLEA WAY: Plot and Title Map

5 FERNLEA WAY sits on a plot of roughly 0.083 of an acre, or 337m². The below map shows the location of 5 FERNLEA WAY, 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 WAY). 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 WAY?

5 FERNLEA WAY is located in DIBDEN PURLIEU, in the SO45 postcode district. The below map shows the position of No. 5 on FERNLEA WAY.