8, MEADOWLANDS, RINGWOOD, BH24 3EZ - £700,000

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.

8 MEADOWLANDS is a very large detached house of 168m², built sometime between 1996 and 2002, which could now be worth an estimated £808,744. It was last sold for £700,000 in March 2019, which was around 39% above the average March 2019 detached price in the New Forest local authority area. The most recent EPC inspection was August 2018, where the current energy rating was C, and the potential energy rating was B.

8 MEADOWLANDS Sold Prices

Land registry data shows two sales for 8 MEADOWLANDS since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the New Forest local authority area for the corresponding sale date. One of the two 8 MEADOWLANDS sales was for above the average price, whilst the other 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
2019 28 MAR	£700,000	£504,678	39% above HPI
1998 22 DEC	£125,000	£147,094	15% below HPI

8 MEADOWLANDS 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 two 8 MEADOWLANDS sales from December 1998 and March 2019 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 December 1998 sale was for 15% below the HPI. So the extrapolation line tracks at 15% below the HPI over time, until the March 2019 sale, where it rises to 39% above the HPI. The line then continues to track at 39% above the HPI.

What might 8 MEADOWLANDS be worth now?

8 MEADOWLANDS might now be worth an estimated £808,744.

This is based on house price inflation of 15.5%, between March 2019 and March 2025, 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 15.5% inflationary increase is applied to the most recent sale price for 8 MEADOWLANDS of £700,000 on 28th March 2019. For the value to have increased from £700,000 to £808,744 over the six years to March 2025, the following assumptions must hold true:

• The value of 8 MEADOWLANDS has moved in line with the HPI for detached houses in the New Forest local authority area.
• The March 2019 sale price of £700,000 represented a fair market value for the property.
• The size, condition, and specification of 8 MEADOWLANDS has not materially changed since March 2019.

How Large is 8 MEADOWLANDS?

8 MEADOWLANDS is 168m² according to the EPC inspection conducted in August 2018. This puts it in the largest 20% 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 MEADOWLANDS lies on this distribution: 85% of detached houses houses are smaller than 8 MEADOWLANDS, and 15% of houses are larger. Note that EPC data is not available for all properties in Ringwood.

8 MEADOWLANDS: Plot and Title Map

8 MEADOWLANDS sits on a plot of roughly 0.105 of an acre, or 423m². The below map shows the location of 8 MEADOWLANDS, 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 MEADOWLANDS). 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 MEADOWLANDS?

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