ORCHARD HOUSE, SHAPPEN HILL LANE, BURLEY, RINGWOOD, BH24 4EP - £1,650,000

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.

ORCHARD HOUSE is a very large detached house of 273m², built sometime between 2003 and 2006, which could now be worth an estimated £1,914,454. It was last sold for £1,650,000 in November 2019, which was around 229% above the average November 2019 detached price in the New Forest local authority area. The most recent EPC inspection was October 2019, where the current energy rating was C, and the potential energy rating was B.

ORCHARD HOUSE Sold Prices

Land registry data shows three sales for ORCHARD HOUSE 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. All of the three ORCHARD HOUSE 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 28 NOV	£1,650,000	£501,993	229% above HPI
2010 10 MAR	£1,450,000	£353,376	310% above HPI
2002 14 OCT	£585,000	£268,027	118% above HPI

ORCHARD 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 three ORCHARD HOUSE sales between October 2002 and November 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 March 2010 sale was for 310% above the HPI. So the extrapolation line tracks at 310% above the HPI over time, until the November 2019 sale, where it falls to 229% above the HPI. The line then continues to track at 229% above the HPI.

What might ORCHARD HOUSE be worth now?

ORCHARD HOUSE might now be worth an estimated £1,914,454.

This is based on house price inflation of 16%, between November 2019 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 16% inflationary increase is applied to the most recent sale price for ORCHARD HOUSE of £1,650,000 on 28th November 2019. For the value to have increased from £1,650,000 to £1,914,454 over the six years and nine months to February 2025, the following assumptions must hold true:

• The value of ORCHARD HOUSE has moved in line with the HPI for detached houses in the New Forest local authority area.
• The November 2019 sale price of £1,650,000 represented a fair market value for the property.
• The size, condition, and specification of ORCHARD HOUSE has not materially changed since November 2019.

How Large is ORCHARD HOUSE?

ORCHARD HOUSE is 273m² according to the EPC inspection conducted in October 2019. This puts it in the largest 20% of detached houses houses in Burley, based on EPC data. The below chart shows the distribution of detached houses houses by size in Burley, and where ORCHARD HOUSE lies on this distribution: 87% of detached houses houses are smaller than ORCHARD HOUSE, and 13% of houses are larger. Note that EPC data is not available for all properties in Burley.

ORCHARD HOUSE: Plot and Title Map

ORCHARD HOUSE sits on a plot of roughly 1.1 acres, or 4,333m². The below map shows the location of ORCHARD 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 ORCHARD 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 ORCHARD HOUSE?

ORCHARD HOUSE is located on SHAPPEN HILL LANE in BURLEY, in the BH24 postcode district. The below map shows the position of ORCHARD HOUSE on SHAPPEN HILL LANE.