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
8 ELMWOOD AVENUE is a midsized extended detached house of 113m², built sometime between 1950 and 1966. It was last sold for £385,000 in May 2016, which was around 12% below the average May 2016 detached price in the New Forest local authority area. The most recent EPC inspection was February 2017, where the current energy rating was D, and the potential energy rating was B.
Land registry data shows three sales for 8 ELMWOOD AVENUE 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. All of the three 8 ELMWOOD AVENUE 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 |
---|---|---|---|
2016 31 MAY | £385,000 | £435,493 | 12% below HPI |
2009 30 NOV | £315,000 | £324,418 | 3% below HPI |
2008 14 JUL | £300,000 | £339,596 | 12% 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 8 ELMWOOD AVENUE sales between July 2008 and May 2016 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 2009 sale was for 3% below the HPI. So the extrapolation line tracks at 3% below the HPI over time, until the May 2016 sale, where it falls to 12% below the HPI. The line then continues to track at 12% below the HPI.
8 ELMWOOD AVENUE is 113m², which includes one extension, according to the EPC inspection conducted in February 2017. This puts it in the largest 50% of detached houses in Ashford, based on EPC data. The below chart shows the distribution of detached houses by size in Ashford, and where 8 ELMWOOD AVENUE lies on this distribution: 55% of detached houses are smaller than 8 ELMWOOD AVENUE, and 45% of houses are larger. Note that EPC data is not available for all properties in Ashford.
8 ELMWOOD AVENUE sits on a plot of roughly 0.186 of an acre, or 753m². The below map shows the location of 8 ELMWOOD AVENUE, 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 8 ELMWOOD AVENUE). 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.
8 ELMWOOD AVENUE is located in FORDINGBRIDGE, in the SP6 postcode district. The below map shows the position of No. 8 on ELMWOOD AVENUE.