RED OAKS, LYNDHURST ROAD, BURLEY, RINGWOOD, BH24 4HW - £1,350,000

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

RED OAKS is a large extended detached house of 224m², built sometime between 1996 and 2002. It was last sold for £1,350,000 in April 2015, which was around 241% above the average April 2015 detached price in the New Forest local authority area. The most recent EPC inspection was May 2023, where the current energy rating was C, and the potential energy rating was B.

RED OAKS Sold Prices

Land registry data shows three sales for RED OAKS 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 RED OAKS 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
2015 30 APR	£1,350,000	£395,645	241% above HPI
2002 12 FEB	£415,000	£206,714	101% above HPI
1998 27 JUL	£276,000	£132,207	109% above HPI

RED OAKS 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 RED OAKS sales between July 1998 and April 2015 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 February 2002 sale was for 101% above the HPI. So the extrapolation line tracks at 101% above the HPI over time, until the April 2015 sale, where it rises to 241% above the HPI. The line then continues to track at 241% above the HPI.

How Large is RED OAKS?

RED OAKS is 224m², which includes one extension, according to the EPC inspection conducted in May 2023. 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 RED OAKS lies on this distribution: 75% of detached houses are smaller than RED OAKS, and 25% of houses are larger. Note that EPC data is not available for all properties in Burley.

RED OAKS: Plot and Title Map

RED OAKS sits on a plot of roughly 2.6 acres, or 10,471m². The below map shows the location of RED OAKS, 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 RED OAKS). 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 RED OAKS?

RED OAKS is located on LYNDHURST ROAD in BURLEY, in the BH24 postcode district. The below map shows the position of RED OAKS on LYNDHURST ROAD.