POUND MEAD, POUND LANE, BURLEY, RINGWOOD, BH24 4EE - £1,600,000

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

POUND MEAD is a large extended detached house of 242m², built sometime between 1950 and 1966. It was last sold for £1,600,000 in April 2024, which was around 185% above the average April 2024 detached price in the New Forest local authority area. The most recent EPC inspection was October 2013, where the current energy rating was D, and the potential energy rating was B.

POUND MEAD Sold Prices

Land registry data shows four sales for POUND MEAD since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the New Forest local authority area for the corresponding sale date. All of the four POUND MEAD 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
2024 30 APR	£1,600,000	£561,376	185% above HPI
2015 27 NOV	£920,000	£418,435	120% above HPI
2008 4 SEP	£900,000	£331,481	172% above HPI
1999 1 DEC	£429,500	£157,204	173% above HPI

POUND MEAD 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 four POUND MEAD sales between December 1999 and April 2024 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 November 2015 sale was for 120% above the HPI. So the extrapolation line tracks at 120% above the HPI over time, until the April 2024 sale, where it rises to 185% above the HPI. The line then continues to track at 185% above the HPI.

How Large is POUND MEAD?

POUND MEAD is 242m², which includes three extensions, according to the EPC inspection conducted in October 2013. This puts it in the largest 30% of detached houses in Burley, based on EPC data. The below chart shows the distribution of detached houses by size in Burley, and where POUND MEAD lies on this distribution: 79% of detached houses are smaller than POUND MEAD, and 21% of houses are larger. Note that EPC data is not available for all properties in Burley.

POUND MEAD: Plot and Title Map

POUND MEAD sits on a plot of roughly 0.573 of an acre, or 2,317m². The below map shows the location of POUND MEAD, 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 POUND MEAD). 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 POUND MEAD?

POUND MEAD is located on POUND LANE in BURLEY, in the BH24 postcode district. The below map shows the position of POUND MEAD on POUND LANE.