SPRING FOLLY, LAKEVIEW DRIVE, HIGHTOWN, RINGWOOD, BH24 3DR - £315,000

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

SPRING FOLLY is a midsized detached house of 121m², built sometime between 1950 and 1966. It was last sold for £315,000 in June 2014, which was around 15% below the average June 2014 detached price in the New Forest local authority area. The most recent EPC inspection was May 2009, where the current energy rating was E, and the potential energy rating was D.

SPRING FOLLY Sold Prices

Land registry data shows two sales for SPRING FOLLY since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the New Forest local authority area for the corresponding sale date. One of the two SPRING FOLLY sales was for below the average price, whilst the other was 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
2014 6 JUN	£315,000	£372,179	15% below HPI
2001 30 APR	£235,000	£189,409	24% above HPI

SPRING FOLLY 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 two SPRING FOLLY sales from April 2001 and June 2014 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 April 2001 sale was for 24% above the HPI. So the extrapolation line tracks at 24% above the HPI over time, until the June 2014 sale, where it falls to 15% below the HPI. The line then continues to track at 15% below the HPI.

How Large is SPRING FOLLY?

SPRING FOLLY is 121m² according to the EPC inspection conducted in May 2009. This puts it in the smallest 50% of detached houses in Hightown, based on EPC data. The below chart shows the distribution of detached houses by size in Hightown, and where SPRING FOLLY lies on this distribution: 48% of detached houses are smaller than SPRING FOLLY, and 52% of houses are larger. Note that EPC data is not available for all properties in Hightown.

SPRING FOLLY: Plot and Title Map

SPRING FOLLY sits on a plot of roughly 0.098 of an acre, or 399m². The below map shows the location of SPRING FOLLY, 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 SPRING FOLLY). 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 SPRING FOLLY?

SPRING FOLLY is located on LAKEVIEW DRIVE in HIGHTOWN, in the BH24 postcode district. The below map shows the position of SPRING FOLLY on LAKEVIEW DRIVE.