OAKLEA, FOREST ROAD, HALE, FORDINGBRIDGE, SP6 2NP - £660,000

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

OAKLEA is a small detached house of 100m². It was last sold for £660,000 in May 2024, which was around 18% above the average May 2024 detached price in the New Forest local authority area. The most recent EPC inspection was September 2019, where the current energy rating was B, and the potential energy rating was A.

OAKLEA Sold Prices

Land registry data shows three sales for OAKLEA 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. One of the three OAKLEA sales was for above the average price, whilst two 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
2024 17 MAY	£660,000	£559,394	18% above HPI
2019 19 SEP	£250,000	£475,500	47% below HPI
2006 24 FEB	£240,000	£303,486	21% below HPI

OAKLEA 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 OAKLEA sales between February 2006 and May 2024 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 September 2019 sale was for 47% below the HPI. So the extrapolation line tracks at 47% below the HPI over time, until the May 2024 sale, where it rises to 18% above the HPI. The line then continues to track at 18% above the HPI.

How Large is OAKLEA?

OAKLEA is 100m² according to the EPC inspection conducted in September 2019. This puts it in the smallest 40% of detached houses in Woodfalls, based on EPC data. The below chart shows the distribution of detached houses by size in Woodfalls, and where OAKLEA lies on this distribution: 35% of detached houses are smaller than OAKLEA, and 65% of houses are larger. Note that EPC data is not available for all properties in Woodfalls.

OAKLEA: Plot and Title Map

OAKLEA sits on a plot of roughly 0.185 of an acre, or 747m². The below map shows the location of OAKLEA, 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 OAKLEA). 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 OAKLEA?

OAKLEA is located on FOREST ROAD in HALE, in the SP6 postcode district. The below map shows the position of OAKLEA on FOREST ROAD.