8, FAIRLIE, RINGWOOD, BH24 1TS - £412,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

8 FAIRLIE is a very small detached house of 72m², built sometime between 1930 and 1949, which could now be worth an estimated £400,606. It was last sold for £412,000 in November 2023, which was around 31% below the average November 2023 detached price in the New Forest local authority area. The most recent EPC inspection was June 2023, where the current energy rating was D, and the potential energy rating was B.

8 FAIRLIE Sold Prices

Land registry data shows four sales for 8 FAIRLIE 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. The four 8 FAIRLIE sales were a mix of below the average price, and roughly equal to 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 15 NOV	£412,000	£599,258	31% below HPI
2005 19 AUG	£320,000	£320,029	Close to HPI
2003 12 MAR	£250,000	£294,888	15% below HPI
2000 31 AUG	£187,500	£193,635	3% below HPI

8 FAIRLIE 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 8 FAIRLIE sales between August 2000 and November 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 August 2005 sale roughly matched the HPI. So the extrapolation line tracks roughly in line with the HPI over time, until the November 2023 sale, where it falls to 31% below the HPI. The line then continues to track at 31% below the HPI.

What might 8 FAIRLIE be worth now?

8 FAIRLIE might now be worth an estimated £400,606.

This is based on house price deflation of 2.8%, between November 2023 and December 2024, for detached houses, in the New Forest local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 2.8% deflationary decrease is applied to the most recent sale price for 8 FAIRLIE of £412,000 on 15th November 2023. For the value to have decreased from £412,000 to £400,606 over the eleven months to December 2024, the following assumptions must hold true:

• The value of 8 FAIRLIE has moved in line with the HPI for detached houses in the New Forest local authority area.
• The November 2023 sale price of £412,000 represented a fair market value for the property.
• The size, condition, and specification of 8 FAIRLIE has not materially changed since November 2023.

How Large is 8 FAIRLIE?

8 FAIRLIE is 72m² according to the EPC inspection conducted in June 2023. This puts it in the smallest 10% of detached houses houses in Ringwood, based on EPC data. The below chart shows the distribution of detached houses houses by size in Ringwood, and where 8 FAIRLIE lies on this distribution: 7% of detached houses houses are smaller than 8 FAIRLIE, and 92% of houses are larger. Note that EPC data is not available for all properties in Ringwood.

8 FAIRLIE: Plot and Title Map

8 FAIRLIE sits on a plot of roughly 0.132 of an acre, or 536m². The below map shows the location of 8 FAIRLIE, 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 FAIRLIE). 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 8 FAIRLIE?

8 FAIRLIE is located in RINGWOOD, in the BH24 postcode district. The below map shows the position of No. 8 on FAIRLIE.