CHESTNUT COTTAGE, POUND LANE, BURLEY, RINGWOOD, BH24 4EE - £607,000

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

CHESTNUT COTTAGE is a very small extended detached house of 88m², built sometime between 1950 and 1966. It was last sold for £607,000 in September 2019, which was around 28% above the average September 2019 detached price in the New Forest local authority area. The most recent EPC inspection was January 2019, where the current energy rating was E, and the potential energy rating was C.

CHESTNUT COTTAGE Sold Prices

Land registry data shows two sales for CHESTNUT COTTAGE 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 CHESTNUT 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
2019 26 SEP	£607,000	£475,500	28% above HPI
1998 3 APR	£222,500	£130,924	70% above HPI

CHESTNUT 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 two CHESTNUT COTTAGE sales from April 1998 and September 2019 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 April 1998 sale was for 70% above the HPI. So the extrapolation line tracks at 70% above the HPI over time, until the September 2019 sale, where it falls to 28% above the HPI. The line then continues to track at 28% above the HPI.

How Large is CHESTNUT COTTAGE?

CHESTNUT COTTAGE is 88m², which includes two extensions, according to the EPC inspection conducted in January 2019. This puts it in the smallest 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 CHESTNUT COTTAGE lies on this distribution: 10% of detached houses are smaller than CHESTNUT COTTAGE, and 90% of houses are larger. Note that EPC data is not available for all properties in Burley.

CHESTNUT COTTAGE: Plot and Title Map

CHESTNUT COTTAGE sits on a plot of roughly 0.329 of an acre, or 1,332m². The below map shows the location of CHESTNUT 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 CHESTNUT 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 CHESTNUT COTTAGE?

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