7, FERNLEA CLOSE, ASHLEY HEATH, RINGWOOD, BH24 2HE - £590,000

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.

7 FERNLEA CLOSE is a large extended detached house of 193m², built sometime between 1967 and 1975, which could now be worth an estimated £918,848. It was last sold for £590,000 in July 2013, which was around 74% above the average July 2013 detached price in the Dorset local authority area. The most recent EPC inspection was June 2009, where the current energy rating was D, and the potential energy rating was D.

7 FERNLEA CLOSE Sold Prices

Land registry data shows three sales for 7 FERNLEA CLOSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Dorset local authority area for the corresponding sale date. All of the three 7 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
2013 3 JUL	£590,000	£339,310	74% above HPI
2009 22 OCT	£400,000	£310,427	29% above HPI
2000 31 OCT	£265,000	£175,568	51% above HPI

7 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 three 7 FERNLEA CLOSE sales between October 2000 and July 2013 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 October 2009 sale was for 29% above the HPI. So the extrapolation line tracks at 29% above the HPI over time, until the July 2013 sale, where it rises to 74% above the HPI. The line then continues to track at 74% above the HPI.

What might 7 FERNLEA CLOSE be worth now?

7 FERNLEA CLOSE might now be worth an estimated £918,848.

This is based on house price inflation of 55.7%, between July 2013 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 55.7% inflationary increase is applied to the most recent sale price for 7 FERNLEA CLOSE of £590,000 on 3rd July 2013. For the value to have increased from £590,000 to £918,848 over the twelve years and five months to February 2025, the following assumptions must hold true:

• The value of 7 FERNLEA CLOSE has moved in line with the HPI for detached houses in the Dorset local authority area.
• The July 2013 sale price of £590,000 represented a fair market value for the property.
• The size, condition, and specification of 7 FERNLEA CLOSE has not materially changed since July 2013.

How Large is 7 FERNLEA CLOSE?

7 FERNLEA CLOSE is 193m², which includes one extension, according to the EPC inspection conducted in June 2009. This puts it in the largest 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 7 FERNLEA CLOSE lies on this distribution: 78% of detached houses houses are smaller than 7 FERNLEA CLOSE, and 21% of houses are larger. Note that EPC data is not available for all properties in Ashley Heath.

7 FERNLEA CLOSE: Plot and Title Map

7 FERNLEA CLOSE sits on a plot of roughly 0.421 of an acre, or 1,705m². The below map shows the location of 7 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 7 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 7 FERNLEA CLOSE?

7 FERNLEA CLOSE is located in ASHLEY HEATH, in the BH24 postcode district. The below map shows the position of No. 7 on FERNLEA CLOSE.