PINFOLDS, NEW ROAD, BLACKFIELD, SOUTHAMPTON, SO45 1WA - £515,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

PINFOLDS is a large detached house of 132m², built sometime between 1976 and 1982. It was last sold for £515,000 in January 2023, which was around 13% below the average January 2023 detached price in the New Forest local authority area. The most recent EPC inspection was March 2009, where the current energy rating was C, and the potential energy rating was C.

PINFOLDS Sold Prices

Land registry data shows three sales for PINFOLDS 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 PINFOLDS 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
2023 12 JAN	£515,000	£593,112	13% below HPI
2015 27 JAN	£315,000	£390,583	19% below HPI
2003 2 DEC	£257,120	£282,695	9% below HPI

PINFOLDS 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 PINFOLDS sales between December 2003 and January 2023 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 January 2015 sale was for 19% below the HPI. So the extrapolation line tracks at 19% below the HPI over time, until the January 2023 sale, where it rises to 13% below the HPI. The line then continues to track at 13% below the HPI.

How Large is PINFOLDS?

PINFOLDS is 132m² according to the EPC inspection conducted in March 2009. This puts it in the largest 30% of detached houses in Blackfield, based on EPC data. The below chart shows the distribution of detached houses by size in Blackfield, and where PINFOLDS lies on this distribution: 76% of detached houses are smaller than PINFOLDS, and 24% of houses are larger. Note that EPC data is not available for all properties in Blackfield.

PINFOLDS: Plot and Title Map

PINFOLDS sits on a plot of roughly 0.162 of an acre, or 656m². The below map shows the location of PINFOLDS, 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 PINFOLDS). 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 PINFOLDS?

PINFOLDS is located on NEW ROAD in BLACKFIELD, in the SO45 postcode district. The below map shows the position of PINFOLDS on NEW ROAD.