HONEY COTTAGE, POUND LANE, BURLEY, RINGWOOD, BH24 4EB - £695,000

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

HONEY COTTAGE is a midsized detached house of 180m², built sometime between 1983 and 1990. It was last sold for £695,000 in October 2015, which was around 66% above the average October 2015 detached price in the New Forest local authority area. The most recent EPC inspection was July 2011, where the current energy rating was C, and the potential energy rating was C.

HONEY COTTAGE Sold Prices

Land registry data shows two sales for HONEY COTTAGE 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 HONEY COTTAGE 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
2015 16 OCT	£695,000	£419,902	66% above HPI
2005 30 AUG	£585,000	£302,988	93% above HPI

HONEY COTTAGE 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 HONEY COTTAGE sales from August 2005 and October 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 2005 sale was for 93% above the HPI. So the extrapolation line tracks at 93% above the HPI over time, until the October 2015 sale, where it falls to 66% above the HPI. The line then continues to track at 66% above the HPI.

How Large is HONEY COTTAGE?

HONEY COTTAGE is 180m² according to the EPC inspection conducted in July 2011. This puts it in the largest 50% of detached houses in Burley, based on EPC data. The below chart shows the distribution of detached houses by size in Burley, and where HONEY COTTAGE lies on this distribution: 57% of detached houses are smaller than HONEY COTTAGE, and 43% of houses are larger. Note that EPC data is not available for all properties in Burley.

HONEY COTTAGE: Plot and Title Map

HONEY COTTAGE sits on a plot of roughly 0.228 of an acre, or 924m². The below map shows the location of HONEY COTTAGE, 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 HONEY COTTAGE). 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 HONEY COTTAGE?

HONEY COTTAGE is located on POUND LANE in BURLEY, in the BH24 postcode district. The below map shows the position of HONEY COTTAGE on POUND LANE.