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

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 MONMOUTH CLOSE is a small detached house of 94m², built sometime between 2003 and 2006, which could now be worth an estimated £422,692. It was last sold for £368,250 in May 2018, which was around 27% 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	£507,432	27% below HPI
2005 4 NOV	£250,000	£319,627	22% 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 22% below the HPI. So the extrapolation line tracks at 22% below the HPI over time, until the May 2018 sale, where it falls to 27% below the HPI. The line then continues to track at 27% below the HPI.

What might 8 MONMOUTH CLOSE be worth now?

8 MONMOUTH CLOSE might now be worth an estimated £422,692.

This is based on house price inflation of 14.8%, between May 2018 and February 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 14.8% inflationary increase is applied to the most recent sale price for 8 MONMOUTH CLOSE of £368,250 on 11th May 2018. For the value to have increased from £368,250 to £422,692 over the seven years and three months to February 2025, the following assumptions must hold true:

• The value of 8 MONMOUTH CLOSE has moved in line with the HPI for detached houses in the New Forest local authority area.
• The May 2018 sale price of £368,250 represented a fair market value for the property.
• The size, condition, and specification of 8 MONMOUTH CLOSE has not materially changed since May 2018.

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 houses in Ringwood, based on EPC data. The below chart shows the distribution of detached houses houses by size in Ringwood, and where 8 MONMOUTH CLOSE lies on this distribution: 30% of detached houses houses are smaller than 8 MONMOUTH CLOSE, and 69% 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.