FINCHES, BROOK LANE, WOODGREEN, FORDINGBRIDGE, SP6 2AZ - £490,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

FINCHES is a very small extended detached house of 106m², built sometime before 1900. It was last sold for £490,000 in January 2017, which was around 8% above the average January 2017 detached price in the New Forest local authority area. The most recent EPC inspection was May 2015, where the current energy rating was D, and the potential energy rating was B.

FINCHES Sold Prices

Land registry data shows three sales for FINCHES since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the New Forest local authority area for the corresponding sale date. The three FINCHES sales were a mix of above the average price, roughly equal to 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 16 JAN	£490,000	£454,163	8% above HPI
2006 18 AUG	£290,000	£316,848	8% below HPI
2002 30 AUG	£237,500	£236,344	Close to HPI

FINCHES 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 three FINCHES sales between August 2002 and January 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 August 2006 sale was for 8% below the HPI. So the extrapolation line tracks at 8% below the HPI over time, until the January 2017 sale, where it rises to 8% above the HPI. The line then continues to track at 8% above the HPI.

How Large is FINCHES?

FINCHES is 106m², which includes one extension, according to the EPC inspection conducted in May 2015. This puts it in the smallest 20% of detached houses in Woodgreen, based on EPC data. The below chart shows the distribution of detached houses by size in Woodgreen, and where FINCHES lies on this distribution: 18% of detached houses are smaller than FINCHES, and 81% of houses are larger. Note that EPC data is not available for all properties in Woodgreen.

FINCHES: Plot and Title Map

FINCHES sits on a plot of roughly 0.165 of an acre, or 666m². The below map shows the location of FINCHES, 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 FINCHES). 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 FINCHES?

FINCHES is located on BROOK LANE in WOODGREEN, in the SP6 postcode district. The below map shows the position of FINCHES on BROOK LANE.