OAKBANK, PIKES HILL AVENUE, LYNDHURST, SO43 7AX - £650,000

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

OAKBANK is a midsized extended detached house of 146m², built sometime between 1930 and 1949. It was last sold for £650,000 in May 2012, which was around 91% above the average May 2012 detached price in the New Forest local authority area. The most recent EPC inspection was January 2009, where the current energy rating was E, and the potential energy rating was D.

OAKBANK Sold Prices

Land registry data shows two sales for OAKBANK 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 OAKBANK 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
2012 4 MAY	£650,000	£340,808	91% above HPI
1996 26 JUL	£177,000	£103,120	72% above HPI

OAKBANK 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 OAKBANK sales from July 1996 and May 2012 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 1996 sale was for 72% above the HPI. So the extrapolation line tracks at 72% above the HPI over time, until the May 2012 sale, where it rises to 91% above the HPI. The line then continues to track at 91% above the HPI.

How Large is OAKBANK?

OAKBANK is 146m², which includes one extension, according to the EPC inspection conducted in January 2009. This puts it in the largest 50% of detached houses in Lyndhurst, based on EPC data. The below chart shows the distribution of detached houses by size in Lyndhurst, and where OAKBANK lies on this distribution: 56% of detached houses are smaller than OAKBANK, and 44% of houses are larger. Note that EPC data is not available for all properties in Lyndhurst.

OAKBANK: Plot and Title Map

OAKBANK sits on a plot of roughly 0.373 of an acre, or 1,511m². The below map shows the location of OAKBANK, 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 OAKBANK). 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 OAKBANK?

OAKBANK is located on PIKES HILL AVENUE in LYNDHURST, in the SO43 postcode district. The below map shows the position of OAKBANK on PIKES HILL AVENUE.