RUSSET COTTAGE, WEST PARK LANE, DAMERHAM, FORDINGBRIDGE, SP6 3HB - £825,000

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.

RUSSET COTTAGE is a large extended detached house of 170m², built sometime before 1900, which could now be worth an estimated £759,291. It was last sold for £825,000 in September 2022, which was around 30% above the average September 2022 detached price in the New Forest local authority area. The most recent EPC inspection was February 2018, where the current energy rating was E, and the potential energy rating was B.

RUSSET COTTAGE Sold Prices

Land registry data shows three sales for RUSSET COTTAGE 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 RUSSET COTTAGE 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
2022 23 SEP	£825,000	£632,855	30% above HPI
2019 22 MAY	£645,000	£495,979	30% above HPI
1999 12 APR	£250,000	£147,671	69% above HPI

RUSSET COTTAGE 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 RUSSET COTTAGE sales between April 1999 and September 2022 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 May 2019 sale was for 30% above the HPI. So the extrapolation line tracks at 30% above the HPI over time, until the September 2022 sale, which was also at 30% above the HPI.

What might RUSSET COTTAGE be worth now?

RUSSET COTTAGE might now be worth an estimated £759,291.

This is based on house price deflation of 8%, between September 2022 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 8% deflationary decrease is applied to the most recent sale price for RUSSET COTTAGE of £825,000 on 23rd September 2022. For the value to have decreased from £825,000 to £759,291 over the three years and seven months to February 2025, the following assumptions must hold true:

• The value of RUSSET COTTAGE has moved in line with the HPI for detached houses in the New Forest local authority area.
• The September 2022 sale price of £825,000 represented a fair market value for the property.
• The size, condition, and specification of RUSSET COTTAGE has not materially changed since September 2022.

How Large is RUSSET COTTAGE?

RUSSET COTTAGE is 170m², which includes one extension, according to the EPC inspection conducted in February 2018. This puts it in the largest 30% of detached houses houses in Damerham, based on EPC data. The below chart shows the distribution of detached houses houses by size in Damerham, and where RUSSET COTTAGE lies on this distribution: 71% of detached houses houses are smaller than RUSSET COTTAGE, and 29% of houses are larger. Note that EPC data is not available for all properties in Damerham.

RUSSET COTTAGE: Plot and Title Map

RUSSET COTTAGE sits on a plot of roughly 0.304 of an acre, or 1,229m². The below map shows the location of RUSSET COTTAGE, 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 RUSSET COTTAGE). 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 RUSSET COTTAGE?

RUSSET COTTAGE is located on WEST PARK LANE in DAMERHAM, in the SP6 postcode district. The below map shows the position of RUSSET COTTAGE on WEST PARK LANE.