OAKRIDGE, MEERUT ROAD, BROCKENHURST, SO42 7TD - £875,000

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

OAKRIDGE is a large extended detached house of 185m², built sometime between 1996 and 2002. It was last sold for £875,000 in September 2010, which was around 148% above the average September 2010 detached price in the New Forest local authority area. The most recent EPC inspection was October 2023, where the current energy rating was C, and the potential energy rating was C.

OAKRIDGE Sold Prices

Land registry data shows five sales for OAKRIDGE since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the New Forest local authority area for the corresponding sale date. All of the five OAKRIDGE 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
2010 10 SEP	£875,000	£352,382	148% above HPI
2007 5 DEC	£820,000	£358,699	129% above HPI
2007 18 JAN	£792,500	£325,582	143% above HPI
2001 4 SEP	£580,000	£207,494	180% above HPI
2000 31 MAY	£270,000	£170,668	58% above HPI

OAKRIDGE 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 five OAKRIDGE sales between May 2000 and September 2010 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 December 2007 sale was for 129% above the HPI. So the extrapolation line tracks at 129% above the HPI over time, until the September 2010 sale, where it rises to 148% above the HPI. The line then continues to track at 148% above the HPI.

How Large is OAKRIDGE?

OAKRIDGE is 185m², which includes one extension, according to the EPC inspection conducted in October 2023. This puts it in the largest 40% of detached houses in Brockenhurst, based on EPC data. The below chart shows the distribution of detached houses by size in Brockenhurst, and where OAKRIDGE lies on this distribution: 62% of detached houses are smaller than OAKRIDGE, and 37% of houses are larger. Note that EPC data is not available for all properties in Brockenhurst.

OAKRIDGE: Plot and Title Map

OAKRIDGE sits on a plot of roughly 0.184 of an acre, or 745m². The below map shows the location of OAKRIDGE, 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 OAKRIDGE). 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 OAKRIDGE?

OAKRIDGE is located on MEERUT ROAD in BROCKENHURST, in the SO42 postcode district. The below map shows the position of OAKRIDGE on MEERUT ROAD.