Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources
7 HIGHFIELD ROAD is a very small detached house of 68m², built sometime between 1950 and 1966. It was last sold for £740,000 in December 2023, which was around 30% above the average December 2023 detached price in the New Forest local authority area. The most recent EPC inspection was June 2016, where the current energy rating was D, and the potential energy rating was B.
Land registry data shows three sales for 7 HIGHFIELD ROAD since 1st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the New Forest local authority area for the corresponding sale date. Two of the three 7 HIGHFIELD ROAD sales were for above the average price, whilst one 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 |
---|---|---|---|
2023 20 DEC | £740,000 | £567,673 | 30% above HPI |
2020 6 NOV | £620,000 | £501,287 | 24% above HPI |
2016 17 OCT | £320,000 | £442,382 | 28% below HPI |
The below graph shows the average detached house price in the New Forest local authority area over time, sourced from the HPI. The three 7 HIGHFIELD ROAD sales between October 2016 and December 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 November 2020 sale was for 24% above the HPI. So the extrapolation line tracks at 24% above the HPI over time, until the December 2023 sale, where it rises to 30% above the HPI. The line then continues to track at 30% above the HPI.
7 HIGHFIELD ROAD is 68m² according to the EPC inspection conducted in June 2016. This puts it in the smallest 10% of detached houses in Ringwood, based on EPC data. The below chart shows the distribution of detached houses by size in Ringwood, and where 7 HIGHFIELD ROAD lies on this distribution: 4% of detached houses are smaller than 7 HIGHFIELD ROAD, and 95% of houses are larger. Note that EPC data is not available for all properties in Ringwood.
7 HIGHFIELD ROAD sits on a plot of roughly 0.169 of an acre, or 686m². The below map shows the location of 7 HIGHFIELD ROAD, 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 HIGHFIELD ROAD). 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.
7 HIGHFIELD ROAD is located in RINGWOOD, in the BH24 postcode district. The below map shows the position of No. 7 on HIGHFIELD ROAD.