FOREST SYDE, SOUTHAMPTON ROAD, CADNAM, SOUTHAMPTON, SO40 2NQ - £500,000

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

FOREST SYDE is a small extended detached house of 110m², built sometime between 1900 and 1929. It was last sold for £500,000 in January 2021, which was around 2% below the average January 2021 detached price in the New Forest local authority area. The most recent EPC inspection was February 2010, where the current energy rating was E, and the potential energy rating was E.

FOREST SYDE Sold Prices

Land registry data shows three sales for FOREST SYDE 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 FOREST SYDE sales were a mix of below the average price, roughly equal to the average price, and 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
2021 7 JAN	£500,000	£511,053	2% below HPI
2010 24 SEP	£417,500	£352,382	18% above HPI
1996 4 MAR	£100,000	£99,755	Close to HPI

FOREST SYDE 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 SYDE sales between March 1996 and January 2021 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 September 2010 sale was for 18% above the HPI. So the extrapolation line tracks at 18% above the HPI over time, until the January 2021 sale, where it falls to 2% below the HPI. The line then continues to track at 2% below the HPI.

How Large is FOREST SYDE?

FOREST SYDE is 110m², which includes one extension, according to the EPC inspection conducted in February 2010. This puts it in the smallest 40% of detached houses in Cadnam, based on EPC data. The below chart shows the distribution of detached houses by size in Cadnam, and where FOREST SYDE lies on this distribution: 38% of detached houses are smaller than FOREST SYDE, and 62% of houses are larger. Note that EPC data is not available for all properties in Cadnam.

FOREST SYDE: Plot and Title Map

FOREST SYDE sits on a plot of roughly 0.123 of an acre, or 498m². The below map shows the location of FOREST SYDE, 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 SYDE). 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 SYDE?

FOREST SYDE is located on SOUTHAMPTON ROAD in CADNAM, in the SO40 postcode district. The below map shows the position of FOREST SYDE on SOUTHAMPTON ROAD.