FERNLEA, NEW INN ROAD, BARTLEY, SOUTHAMPTON, SO40 2LR - £250,000

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

FERNLEA is a very small extended semi-detached house of 93m², built sometime between 1900 and 1929. It was last sold for £250,000 in August 2013, which was around 29% below the average August 2013 detached price in the New Forest local authority area. The most recent EPC inspection was October 2021, where the current energy rating was D, and the potential energy rating was B.

FERNLEA Sold Prices

Land registry data shows two sales for FERNLEA 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 FERNLEA sales were for 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
2013 22 AUG	£250,000	£351,071	29% below HPI
2004 16 JUL	£249,950	£293,244	15% below HPI

FERNLEA 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 FERNLEA sales from July 2004 and August 2013 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 2004 sale was for 15% below the HPI. So the extrapolation line tracks at 15% below the HPI over time, until the August 2013 sale, where it falls to 29% below the HPI. The line then continues to track at 29% below the HPI.

How Large is FERNLEA?

FERNLEA is 93m², which includes one extension, according to the EPC inspection conducted in October 2021. This puts it in the smallest 20% of detached houses in Bartley, based on EPC data. The below chart shows the distribution of detached houses by size in Bartley, and where FERNLEA lies on this distribution: 19% of detached houses are smaller than FERNLEA, and 79% of houses are larger. Note that EPC data is not available for all properties in Bartley.

FERNLEA: Plot and Title Map

FERNLEA sits on a plot of roughly 0.058 of an acre, or 233m². The below map shows the location of FERNLEA, 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 FERNLEA). 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 FERNLEA?

FERNLEA is located on NEW INN ROAD in BARTLEY, in the SO40 postcode district. The below map shows the position of FERNLEA on NEW INN ROAD.