LILAC COTTAGE, MORANT ROAD, RINGWOOD, BH24 1SX - £400,000

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

LILAC COTTAGE is a midsized extended detached house of 119m², built sometime between 1930 and 1949. It was last sold for £400,000 in April 2015, which was around 1% above the average April 2015 detached price in the New Forest local authority area. The most recent EPC inspection was March 2013, where the current energy rating was D, and the potential energy rating was C.

LILAC COTTAGE Sold Prices

Land registry data shows four sales for LILAC COTTAGE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the New Forest local authority area for the corresponding sale date. Most of the four LILAC COTTAGE sales were 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 9 APR	£400,000	£395,645	1% above HPI
2007 21 AUG	£343,000	£347,615	1% below HPI
2003 27 JUN	£249,950	£271,653	8% below HPI
1999 30 JUN	£137,000	£142,991	4% below HPI

LILAC 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 four LILAC COTTAGE sales between June 1999 and April 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 2007 sale was for 1% below the HPI. So the extrapolation line tracks at 1% below the HPI over time, until the April 2015 sale, where it rises to 1% above the HPI. The line then continues to track at 1% above the HPI.

How Large is LILAC COTTAGE?

LILAC COTTAGE is 119m², which includes two extensions, according to the EPC inspection conducted in March 2013. This puts it in the largest 50% of detached houses in Ringwood, based on EPC data. The below chart shows the distribution of detached houses by size in Ringwood, and where LILAC COTTAGE lies on this distribution: 54% of detached houses are smaller than LILAC COTTAGE, and 45% of houses are larger. Note that EPC data is not available for all properties in Ringwood.

LILAC COTTAGE: Plot and Title Map

LILAC COTTAGE sits on a plot of roughly 0.089 of an acre, or 361m². The below map shows the location of LILAC 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 LILAC 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 LILAC COTTAGE?

LILAC COTTAGE is located on MORANT ROAD in RINGWOOD, in the BH24 postcode district. The below map shows the position of LILAC COTTAGE on MORANT ROAD.