MARTINS, CHURCH LANE, BURLEY, RINGWOOD, BH24 4BD - £872,500

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

MARTINS is a large detached house of 195m², built sometime between 1950 and 1966, which could now be worth an estimated £1,110,072. It was last sold for £872,500 in June 2016, which was around 91% above the average June 2016 detached price in the New Forest local authority area. The most recent EPC inspection was June 2015, where the current energy rating was D, and the potential energy rating was B.

MARTINS Sold Prices

Land registry data shows three sales for MARTINS 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. All of the three MARTINS 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
2016 10 JUN	£872,500	£457,797	91% above HPI
2010 28 JAN	£765,000	£347,743	120% above HPI
2000 1 SEP	£292,500	£198,260	48% above HPI

MARTINS 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 MARTINS sales between September 2000 and June 2016 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 January 2010 sale was for 120% above the HPI. So the extrapolation line tracks at 120% above the HPI over time, until the June 2016 sale, where it falls to 91% above the HPI. The line then continues to track at 91% above the HPI.

What might MARTINS be worth now?

MARTINS might now be worth an estimated £1,110,072.

This is based on house price inflation of 27.2%, between June 2016 and February 2025, for detached houses, in the New Forest local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 27.2% inflationary increase is applied to the most recent sale price for MARTINS of £872,500 on 10th June 2016. For the value to have increased from £872,500 to £1,110,072 over the nine years and four months to February 2025, the following assumptions must hold true:

• The value of MARTINS has moved in line with the HPI for detached houses in the New Forest local authority area.
• The June 2016 sale price of £872,500 represented a fair market value for the property.
• The size, condition, and specification of MARTINS has not materially changed since June 2016.

How Large is MARTINS?

MARTINS is 195m² according to the EPC inspection conducted in June 2015. This puts it in the largest 40% of detached houses houses in Burley, based on EPC data. The below chart shows the distribution of detached houses houses by size in Burley, and where MARTINS lies on this distribution: 62% of detached houses houses are smaller than MARTINS, and 38% of houses are larger. Note that EPC data is not available for all properties in Burley.

MARTINS: Plot and Title Map

MARTINS sits on a plot of roughly 0.270 of an acre, or 1,092m². The below map shows the location of MARTINS, 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 MARTINS). 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 MARTINS?

MARTINS is located on CHURCH LANE in BURLEY, in the BH24 postcode district. The below map shows the position of MARTINS on CHURCH LANE.