MERRILEA, IBSLEY DROVE, IBSLEY, RINGWOOD, BH24 3NW - £690,000

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

MERRILEA is a large detached house of 146m², built sometime between 1950 and 1966. It was last sold for £690,000 in September 2006, which was around 115% above the average September 2006 detached price in the New Forest local authority area. The most recent EPC inspection was December 2021, where the current energy rating was E, and the potential energy rating was C.

MERRILEA Sold Prices

Land registry data shows two sales for MERRILEA 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 MERRILEA 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
2006 26 SEP	£690,000	£320,646	115% above HPI
1999 7 JUL	£325,000	£147,479	120% above HPI

MERRILEA 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 MERRILEA sales from July 1999 and September 2006 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 July 1999 sale was for 120% above the HPI. So the extrapolation line tracks at 120% above the HPI over time, until the September 2006 sale, where it falls to 115% above the HPI. The line then continues to track at 115% above the HPI.

How Large is MERRILEA?

MERRILEA is 146m² according to the EPC inspection conducted in December 2021. This puts it in the largest 30% of detached houses in Mockbeggar, based on EPC data. The below chart shows the distribution of detached houses by size in Mockbeggar, and where MERRILEA lies on this distribution: 74% of detached houses are smaller than MERRILEA, and 26% of houses are larger. Note that EPC data is not available for all properties in Mockbeggar.

MERRILEA: Plot and Title Map

MERRILEA sits on a plot of roughly 0.765 of an acre, or 3,094m². The below map shows the location of MERRILEA, 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 MERRILEA). 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 MERRILEA?

MERRILEA is located on IBSLEY DROVE in IBSLEY, in the BH24 postcode district. The below map shows the position of MERRILEA on IBSLEY DROVE.