BROADWOOD COTTAGE, WARNES LANE, BURLEY, RINGWOOD, BH24 4EQ - £560,000

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

BROADWOOD COTTAGE is a midsized extended detached house of 140m², built sometime between 1900 and 1929. It was last sold for £560,000 in May 2008, which was around 61% above the average May 2008 detached price in the New Forest local authority area. The most recent EPC inspection was May 2013, where the current energy rating was D, and the potential energy rating was C.

BROADWOOD COTTAGE Sold Prices

Land registry data shows three sales for BROADWOOD COTTAGE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the New Forest local authority area for the corresponding sale date. All of the three BROADWOOD COTTAGE sales were for above 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
2008 9 MAY	£560,000	£348,538	61% above HPI
1998 27 FEB	£173,500	£129,225	34% above HPI
1996 10 JUN	£130,000	£102,004	27% above HPI

BROADWOOD COTTAGE 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 three BROADWOOD COTTAGE sales between June 1996 and May 2008 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 February 1998 sale was for 34% above the HPI. So the extrapolation line tracks at 34% above the HPI over time, until the May 2008 sale, where it rises to 61% above the HPI. The line then continues to track at 61% above the HPI.

How Large is BROADWOOD COTTAGE?

BROADWOOD COTTAGE is 140m², which includes two extensions, according to the EPC inspection conducted in May 2013. This puts it in the smallest 50% of detached houses in Burley, based on EPC data. The below chart shows the distribution of detached houses by size in Burley, and where BROADWOOD COTTAGE lies on this distribution: 41% of detached houses are smaller than BROADWOOD COTTAGE, and 59% of houses are larger. Note that EPC data is not available for all properties in Burley.

BROADWOOD COTTAGE: Plot and Title Map

BROADWOOD COTTAGE sits on a plot of roughly 0.356 of an acre, or 1,439m². The below map shows the location of BROADWOOD COTTAGE, 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 BROADWOOD COTTAGE). 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 BROADWOOD COTTAGE?

BROADWOOD COTTAGE is located on WARNES LANE in BURLEY, in the BH24 postcode district. The below map shows the position of BROADWOOD COTTAGE on WARNES LANE.