FERN COTTAGE, MARTIN, FORDINGBRIDGE, SP6 3LA - £525,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

FERN COTTAGE is a small extended detached house of 122m², built sometime before 1900, which could now be worth an estimated £722,064. It was last sold for £525,000 in July 2015, which was around 24% above the average July 2015 detached price in the New Forest local authority area. The most recent EPC inspection was September 2020, where the current energy rating was E, and the potential energy rating was C.

FERN COTTAGE Sold Prices

Land registry data shows five sales for FERN COTTAGE since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the New Forest local authority area for the corresponding sale date. All of the five FERN 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
2015 31 JUL	£525,000	£423,489	24% above HPI
2012 10 MAY	£465,000	£359,976	29% above HPI
2005 18 AUG	£409,950	£320,029	28% above HPI
2004 30 JUL	£368,200	£309,737	19% above HPI
2002 15 JUL	£275,000	£242,046	14% above HPI

FERN 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 five FERN COTTAGE sales between July 2002 and July 2015 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 May 2012 sale was for 29% above the HPI. So the extrapolation line tracks at 29% above the HPI over time, until the July 2015 sale, where it falls to 24% above the HPI. The line then continues to track at 24% above the HPI.

What might FERN COTTAGE be worth now?

FERN COTTAGE might now be worth an estimated £722,064.

This is based on house price inflation of 37.5%, between July 2015 and February 2025, for detached houses, in the New Forest local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 37.5% inflationary increase is applied to the most recent sale price for FERN COTTAGE of £525,000 on 31st July 2015. For the value to have increased from £525,000 to £722,064 over the ten years and five months to February 2025, the following assumptions must hold true:

• The value of FERN COTTAGE has moved in line with the HPI for detached houses in the New Forest local authority area.
• The July 2015 sale price of £525,000 represented a fair market value for the property.
• The size, condition, and specification of FERN COTTAGE has not materially changed since July 2015.

How Large is FERN COTTAGE?

FERN COTTAGE is 122m², which includes two extensions, according to the EPC inspection conducted in September 2020. This puts it in the smallest 40% of detached houses houses in Martin, based on EPC data. The below chart shows the distribution of detached houses houses by size in Martin, and where FERN COTTAGE lies on this distribution: 32% of detached houses houses are smaller than FERN COTTAGE, and 68% of houses are larger. Note that EPC data is not available for all properties in Martin.

FERN COTTAGE: Plot and Title Map

FERN COTTAGE sits on a plot of roughly 0.199 of an acre, or 807m². The below map shows the location of FERN 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 FERN 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 FERN COTTAGE?

FERN COTTAGE is located in MARTIN, in the SP6 postcode district. The below map shows the position of FERN COTTAGE in MARTIN.