PINE RIDGE, PINELANDS ROAD, CHILWORTH, SOUTHAMPTON, SO16 7HH - £1,225,000

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

PINE RIDGE is a midsized extended detached house of 266m², built sometime between 1930 and 1949. It was last sold for £1,225,000 in April 2019, which was around 138% above the average April 2019 detached price in the Test Valley local authority area. The most recent EPC inspection was January 2019, where the current energy rating was C, and the potential energy rating was C.

PINE RIDGE Sold Prices

Land registry data shows two sales for PINE RIDGE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Test Valley local authority area for the corresponding sale date. Both of the two PINE RIDGE 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 24 APR	£1,225,000	£513,733	138% above HPI
1998 14 AUG	£376,100	£150,827	149% above HPI

PINE RIDGE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Test Valley local authority area over time, sourced from the HPI. The two PINE RIDGE sales from August 1998 and April 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 August 1998 sale was for 149% above the HPI. So the extrapolation line tracks at 149% above the HPI over time, until the April 2019 sale, where it falls to 138% above the HPI. The line then continues to track at 138% above the HPI.

How Large is PINE RIDGE?

PINE RIDGE is 266m², which includes two extensions, according to the EPC inspection conducted in January 2019. This puts it in the largest 50% of detached houses in Chilworth, based on EPC data. The below chart shows the distribution of detached houses by size in Chilworth, and where PINE RIDGE lies on this distribution: 53% of detached houses are smaller than PINE RIDGE, and 47% of houses are larger. Note that EPC data is not available for all properties in Chilworth.

PINE RIDGE: Plot and Title Map

PINE RIDGE sits on a plot of roughly 1.0 acres, or 4,235m². The below map shows the location of PINE RIDGE, 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 PINE RIDGE). 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 PINE RIDGE?

PINE RIDGE is located on PINELANDS ROAD in CHILWORTH, in the SO16 postcode district. The below map shows the position of PINE RIDGE on PINELANDS ROAD.