OAK TREE COTTAGE, POUND LANE, BURLEY, RINGWOOD, BH24 4EE - £665,000

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

OAK TREE COTTAGE is a midsized extended detached house of 170m², built sometime between 1900 and 1929. It was last sold for £665,000 in May 2019, which was around 42% above the average May 2019 detached price in the New Forest local authority area. The most recent EPC inspection was May 2018, where the current energy rating was D, and the potential energy rating was C.

OAK TREE COTTAGE Sold Prices

Land registry data shows two sales for OAK TREE 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 OAK TREE 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
2019 20 MAY	£665,000	£469,568	42% above HPI
1995 25 AUG	£135,000	£103,150	31% above HPI

OAK TREE 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 OAK TREE COTTAGE sales from August 1995 and May 2019 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 1995 sale was for 31% above the HPI. So the extrapolation line tracks at 31% above the HPI over time, until the May 2019 sale, where it rises to 42% above the HPI. The line then continues to track at 42% above the HPI.

How Large is OAK TREE COTTAGE?

OAK TREE COTTAGE is 170m², which includes four extensions, according to the EPC inspection conducted in May 2018. 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 OAK TREE COTTAGE lies on this distribution: 52% of detached houses are smaller than OAK TREE COTTAGE, and 48% of houses are larger. Note that EPC data is not available for all properties in Burley.

OAK TREE COTTAGE: Plot and Title Map

OAK TREE COTTAGE sits on a plot of roughly 0.299 of an acre, or 1,210m². The below map shows the location of OAK TREE 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 OAK TREE 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 OAK TREE COTTAGE?

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