FOREST GATE, THE COMMON, WOODGREEN, FORDINGBRIDGE, SP6 2BQ - £692,000

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 GATE is a very small extended detached house of 93m², built sometime between 1900 and 1929. It was last sold for £692,000 in September 2022, which was around 15% above the average September 2022 detached price in the New Forest local authority area. The most recent EPC inspection was June 2022, where the current energy rating was E, and the potential energy rating was C.

FOREST GATE Sold Prices

Land registry data shows two sales for FOREST GATE 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 FOREST GATE 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
2022 1 SEP	£692,000	£599,156	15% above HPI
2010 16 NOV	£385,000	£344,020	12% above HPI

FOREST GATE 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 FOREST GATE sales from November 2010 and September 2022 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 November 2010 sale was for 12% above the HPI. So the extrapolation line tracks at 12% above the HPI over time, until the September 2022 sale, where it rises to 15% above the HPI. The line then continues to track at 15% above the HPI.

How Large is FOREST GATE?

FOREST GATE is 93m², which includes two extensions, according to the EPC inspection conducted in June 2022. 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 FOREST GATE lies on this distribution: 11% of detached houses are smaller than FOREST GATE, and 89% of houses are larger. Note that EPC data is not available for all properties in Woodgreen.

FOREST GATE: Plot and Title Map

FOREST GATE sits on a plot of roughly 0.175 of an acre, or 706m². The below map shows the location of FOREST GATE, 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 GATE). 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 GATE?

FOREST GATE is located on THE COMMON in WOODGREEN, in the SP6 postcode district. The below map shows the position of FOREST GATE on THE COMMON.