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

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

RUSSET COTTAGE is a large extended detached house of 170m², built sometime before 1900. It was last sold for £825,000 in September 2022, which was around 38% 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	£599,156	38% above HPI
2019 22 MAY	£645,000	£469,568	37% above HPI
1999 12 APR	£250,000	£139,807	79% 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 37% above the HPI. So the extrapolation line tracks at 37% above the HPI over time, until the September 2022 sale, where it rises to 38% above the HPI. The line then continues to track at 38% above the HPI.

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 40% of detached houses in Damerham, based on EPC data. The below chart shows the distribution of detached houses by size in Damerham, and where RUSSET COTTAGE lies on this distribution: 70% of detached houses are smaller than RUSSET COTTAGE, and 30% 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.