BROOMBANK, CASTLE HILL LANE, BURLEY, RINGWOOD, BH24 4EW - £1,600,000

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

BROOMBANK is a very large extended detached house of 252m², built sometime before 1900. It was last sold for £1,600,000 in March 2021, which was around 219% above the average March 2021 detached price in the New Forest local authority area. The most recent EPC inspection was August 2020, where the current energy rating was D, and the potential energy rating was B.

BROOMBANK Sold Prices

Land registry data shows two sales for BROOMBANK 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 BROOMBANK 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
2021 5 MAR	£1,600,000	£502,106	219% above HPI
2003 30 SEP	£725,450	£279,585	159% above HPI

BROOMBANK 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 BROOMBANK sales from September 2003 and March 2021 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 September 2003 sale was for 159% above the HPI. So the extrapolation line tracks at 159% above the HPI over time, until the March 2021 sale, where it rises to 219% above the HPI. The line then continues to track at 219% above the HPI.

How Large is BROOMBANK?

BROOMBANK is 252m², which includes three extensions, according to the EPC inspection conducted in August 2020. This puts it in the largest 20% of detached houses in Burley, based on EPC data. The below chart shows the distribution of detached houses by size in Burley, and where BROOMBANK lies on this distribution: 81% of detached houses are smaller than BROOMBANK, and 19% of houses are larger. Note that EPC data is not available for all properties in Burley.

BROOMBANK: Plot and Title Map

BROOMBANK sits on a plot of roughly 1.7 acres, or 6,941m². The below map shows the location of BROOMBANK, 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 BROOMBANK). 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 BROOMBANK?

BROOMBANK is located on CASTLE HILL LANE in BURLEY, in the BH24 postcode district. The below map shows the position of BROOMBANK on CASTLE HILL LANE.