8, MONMOUTH CLOSE, RINGWOOD, BH24 3AE - £368,250

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 MONMOUTH CLOSE is a small detached house of 94m², built sometime between 2003 and 2006. It was last sold for £368,250 in May 2018, which was around 23% below the average May 2018 detached price in the New Forest local authority area. The most recent EPC inspection was June 2013, where the current energy rating was C, and the potential energy rating was B.

8 MONMOUTH CLOSE Sold Prices

Land registry data shows two sales for 8 MONMOUTH CLOSE 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. Both of the two 8 MONMOUTH CLOSE 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
2018 11 MAY	£368,250	£480,412	23% below HPI
2005 4 NOV	£250,000	£302,608	17% below HPI

8 MONMOUTH CLOSE 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 MONMOUTH CLOSE sales from November 2005 and May 2018 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 2005 sale was for 17% below the HPI. So the extrapolation line tracks at 17% below the HPI over time, until the May 2018 sale, where it falls to 23% below the HPI. The line then continues to track at 23% below the HPI.

How Large is 8 MONMOUTH CLOSE?

8 MONMOUTH CLOSE is 94m² according to the EPC inspection conducted in June 2013. This puts it in the smallest 40% of detached houses in Ringwood, based on EPC data. The below chart shows the distribution of detached houses by size in Ringwood, and where 8 MONMOUTH CLOSE lies on this distribution: 31% of detached houses are smaller than 8 MONMOUTH CLOSE, and 68% of houses are larger. Note that EPC data is not available for all properties in Ringwood.

8 MONMOUTH CLOSE: Plot and Title Map

8 MONMOUTH CLOSE sits on a plot of roughly 0.060 of an acre, or 241m². The below map shows the location of 8 MONMOUTH 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 8 MONMOUTH 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 8 MONMOUTH CLOSE?

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