OAKWOOD HOUSE, RINGWOOD ROAD, WOODLANDS, SOUTHAMPTON, SO40 7GY - £447,500

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

OAKWOOD HOUSE is a very large extended detached house of 140m², built sometime between 1930 and 1949, which could now be worth an estimated £490,575. It was last sold for £447,500 in April 2021, which was around 16% below the average April 2021 detached price in the New Forest local authority area. The most recent EPC inspection was July 2012, where the current energy rating was E, and the potential energy rating was C.

OAKWOOD HOUSE Sold Prices

Land registry data shows two sales for OAKWOOD HOUSE 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 OAKWOOD HOUSE sales 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
2021 23 APR	£447,500	£531,308	16% below HPI
2012 26 OCT	£280,000	£366,516	24% below HPI

OAKWOOD HOUSE 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 OAKWOOD HOUSE sales from October 2012 and April 2021 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 October 2012 sale was for 24% below the HPI. So the extrapolation line tracks at 24% below the HPI over time, until the April 2021 sale, where it rises to 16% below the HPI. The line then continues to track at 16% below the HPI.

What might OAKWOOD HOUSE be worth now?

OAKWOOD HOUSE might now be worth an estimated £490,575.

This is based on house price inflation of 9.6%, between April 2021 and February 2025, for detached houses, in the New Forest local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 9.6% inflationary increase is applied to the most recent sale price for OAKWOOD HOUSE of £447,500 on 23rd April 2021. For the value to have increased from £447,500 to £490,575 over the four years and two months to February 2025, the following assumptions must hold true:

• The value of OAKWOOD HOUSE has moved in line with the HPI for detached houses in the New Forest local authority area.
• The April 2021 sale price of £447,500 represented a fair market value for the property.
• The size, condition, and specification of OAKWOOD HOUSE has not materially changed since April 2021.

How Large is OAKWOOD HOUSE?

OAKWOOD HOUSE is 140m², which includes one extension, according to the EPC inspection conducted in July 2012. This puts it in the largest 20% of detached houses houses in Netley Marsh, based on EPC data. The below chart shows the distribution of detached houses houses by size in Netley Marsh, and where OAKWOOD HOUSE lies on this distribution: 84% of detached houses houses are smaller than OAKWOOD HOUSE, and 16% of houses are larger. Note that EPC data is not available for all properties in Netley Marsh.

OAKWOOD HOUSE: Plot and Title Map

OAKWOOD HOUSE sits on a plot of roughly 0.059 of an acre, or 240m². The below map shows the location of OAKWOOD HOUSE, 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 OAKWOOD HOUSE). 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 OAKWOOD HOUSE?

OAKWOOD HOUSE is located on RINGWOOD ROAD in WOODLANDS, in the SO40 postcode district. The below map shows the position of OAKWOOD HOUSE on RINGWOOD ROAD.