8, PELICAN MEAD, HIGHTOWN, RINGWOOD, BH24 3RG - £433,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

8 PELICAN MEAD is a very small extended detached house of 87m², built sometime between 1991 and 1995. It was last sold for £433,000 in August 2022, which was around 27% below the average August 2022 detached price in the New Forest local authority area. The most recent EPC inspection was January 2019, where the current energy rating was D, and the potential energy rating was B.

8 PELICAN MEAD Sold Prices

Land registry data shows four sales for 8 PELICAN MEAD 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. All of the four 8 PELICAN MEAD 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
2022 23 AUG	£433,000	£594,103	27% below HPI
2016 16 JUN	£317,000	£433,420	27% below HPI
2014 7 MAR	£295,000	£363,948	19% below HPI
2009 27 MAR	£230,000	£298,139	23% below HPI

8 PELICAN MEAD 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 PELICAN MEAD sales between March 2009 and August 2022 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 June 2016 sale was for 27% below the HPI. So the extrapolation line tracks at 27% below the HPI over time, until the August 2022 sale, which was also at 27% below the HPI.

How Large is 8 PELICAN MEAD?

8 PELICAN MEAD is 87m², which includes one extension, according to the EPC inspection conducted in January 2019. This puts it in the smallest 10% of detached houses in Hightown, based on EPC data. The below chart shows the distribution of detached houses by size in Hightown, and where 8 PELICAN MEAD lies on this distribution: 7% of detached houses are smaller than 8 PELICAN MEAD, and 93% of houses are larger. Note that EPC data is not available for all properties in Hightown.

8 PELICAN MEAD: Plot and Title Map

8 PELICAN MEAD sits on a plot of roughly 0.056 of an acre, or 225m². The below map shows the location of 8 PELICAN MEAD, 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 PELICAN MEAD). 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 PELICAN MEAD?

8 PELICAN MEAD is located in HIGHTOWN, in the BH24 postcode district. The below map shows the position of No. 8 on PELICAN MEAD.