ERICA, HORTON ROAD, ASHLEY HEATH, RINGWOOD, BH24 2EH - £417,500

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

ERICA is a midsized detached house of 139m², built sometime between 1967 and 1975. It was last sold for £417,500 in August 2017, which was about the average August 2017 detached price in the Dorset local authority area. The most recent EPC inspection was November 2015, where the current energy rating was E, and the potential energy rating was D.

ERICA Sold Prices

Land registry data shows four sales for ERICA since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Dorset local authority area for the corresponding sale date. The four ERICA sales were a mix of roughly equal to the average price, above the average price, and 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
2017 4 AUG	£417,500	£416,883	Close to HPI
2009 3 JUL	£175,000	£289,594	40% below HPI
2002 22 NOV	£320,000	£236,669	35% above HPI
2002 11 JAN	£240,000	£191,084	26% above HPI

ERICA Price Paid vs. HPI Average

The below graph shows the average detached house price in the Dorset local authority area over time, sourced from the HPI. The four ERICA sales between January 2002 and August 2017 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 July 2009 sale was for 40% below the HPI. So the extrapolation line tracks at 40% below the HPI over time, until the August 2017 sale, where it rises to roughly the same level as the HPI. The line then continues to track in line with the HPI.

How Large is ERICA?

ERICA is 139m² according to the EPC inspection conducted in November 2015. This puts it in the smallest 50% of detached houses in Ashley Heath, based on EPC data. The below chart shows the distribution of detached houses by size in Ashley Heath, and where ERICA lies on this distribution: 46% of detached houses are smaller than ERICA, and 53% of houses are larger. Note that EPC data is not available for all properties in Ashley Heath.

ERICA: Plot and Title Map

ERICA sits on a plot of roughly 0.175 of an acre, or 710m². The below map shows the location of ERICA, 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 ERICA). 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 ERICA?

ERICA is located on HORTON ROAD in ASHLEY HEATH, in the BH24 postcode district. The below map shows the position of ERICA on HORTON ROAD.