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

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

SPRING FOLLY is a midsized detached house of 121m², built sometime between 1950 and 1966, which could now be worth an estimated £466,717. It was last sold for £315,000 in June 2014, which was around 20% 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	£393,111	20% below HPI
2001 30 APR	£235,000	£200,062	17% 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 17% above the HPI. So the extrapolation line tracks at 17% above the HPI over time, until the June 2014 sale, where it falls to 20% below the HPI. The line then continues to track at 20% below the HPI.

What might SPRING FOLLY be worth now?

SPRING FOLLY might now be worth an estimated £466,717.

This is based on house price inflation of 48.2%, between June 2014 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 48.2% inflationary increase is applied to the most recent sale price for SPRING FOLLY of £315,000 on 6th June 2014. For the value to have increased from £315,000 to £466,717 over the eleven years and four months to February 2025, the following assumptions must hold true:

• The value of SPRING FOLLY has moved in line with the HPI for detached houses in the New Forest local authority area.
• The June 2014 sale price of £315,000 represented a fair market value for the property.
• The size, condition, and specification of SPRING FOLLY has not materially changed since June 2014.

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 houses in Hightown, based on EPC data. The below chart shows the distribution of detached houses houses by size in Hightown, and where SPRING FOLLY lies on this distribution: 48% of detached houses 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 0.099 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.