FOREST ACRES, FOREST ROAD, HALE, FORDINGBRIDGE, SP6 2NR - £565,000

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

FOREST ACRES is a large extended detached house of 137m², built sometime between 1950 and 1966. It was last sold for £565,000 in July 2015, which was around 41% above the average July 2015 detached price in the New Forest local authority area. The most recent EPC inspection was December 2015, where the current energy rating was D, and the potential energy rating was B.

FOREST ACRES Sold Prices

Land registry data shows three sales for FOREST ACRES 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. Two of the three FOREST ACRES sales were for above the average price, whilst one was 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
2015 2 JUL	£565,000	£400,939	41% above HPI
2004 20 AUG	£360,000	£299,844	20% above HPI
1997 18 JUL	£107,000	£119,407	10% below HPI

FOREST ACRES 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 FOREST ACRES sales between July 1997 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 August 2004 sale was for 20% above the HPI. So the extrapolation line tracks at 20% above the HPI over time, until the July 2015 sale, where it rises to 41% above the HPI. The line then continues to track at 41% above the HPI.

How Large is FOREST ACRES?

FOREST ACRES is 137m², which includes two extensions, according to the EPC inspection conducted in December 2015. This puts it in the largest 30% of detached houses in Woodfalls, based on EPC data. The below chart shows the distribution of detached houses by size in Woodfalls, and where FOREST ACRES lies on this distribution: 71% of detached houses are smaller than FOREST ACRES, and 29% of houses are larger. Note that EPC data is not available for all properties in Woodfalls.

FOREST ACRES: Plot and Title Map

FOREST ACRES sits on a plot of roughly 0.358 of an acre, or 1,449m². The below map shows the location of FOREST ACRES, 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 FOREST ACRES). 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 FOREST ACRES?

FOREST ACRES is located on FOREST ROAD in HALE, in the SP6 postcode district. The below map shows the position of FOREST ACRES on FOREST ROAD.