THE COPSE, WARNES LANE, BURLEY, RINGWOOD, BH24 4EQ - £1,375,000

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.

THE COPSE is a very large extended detached house of 253m², built sometime between 1950 and 1966, which could now be worth an estimated £1,595,378. It was last sold for £1,375,000 in November 2019, which was around 174% above the average November 2019 detached price in the New Forest local authority area. The most recent EPC inspection was June 2019, where the current energy rating was D, and the potential energy rating was C.

THE COPSE Sold Prices

Land registry data shows two sales for THE COPSE 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. Both of the two THE COPSE 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
2019 8 NOV	£1,375,000	£501,993	174% above HPI
2015 16 OCT	£627,111	£443,519	41% above HPI

THE COPSE 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 THE COPSE sales from October 2015 and November 2019 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 October 2015 sale was for 41% above the HPI. So the extrapolation line tracks at 41% above the HPI over time, until the November 2019 sale, where it rises to 174% above the HPI. The line then continues to track at 174% above the HPI.

What might THE COPSE be worth now?

THE COPSE might now be worth an estimated £1,595,378.

This is based on house price inflation of 16%, between November 2019 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 16% inflationary increase is applied to the most recent sale price for THE COPSE of £1,375,000 on 8th November 2019. For the value to have increased from £1,375,000 to £1,595,378 over the six years and nine months to February 2025, the following assumptions must hold true:

• The value of THE COPSE has moved in line with the HPI for detached houses in the New Forest local authority area.
• The November 2019 sale price of £1,375,000 represented a fair market value for the property.
• The size, condition, and specification of THE COPSE has not materially changed since November 2019.

How Large is THE COPSE?

THE COPSE is 253m², which includes three extensions, according to the EPC inspection conducted in June 2019. This puts it in the largest 20% of detached houses houses in Burley, based on EPC data. The below chart shows the distribution of detached houses houses by size in Burley, and where THE COPSE lies on this distribution: 82% of detached houses houses are smaller than THE COPSE, and 18% of houses are larger. Note that EPC data is not available for all properties in Burley.

THE COPSE: Plot and Title Map

THE COPSE sits on a plot of roughly 0.809 of an acre, or 3,275m². The below map shows the location of THE COPSE, 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 THE COPSE). 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 THE COPSE?

THE COPSE is located on WARNES LANE in BURLEY, in the BH24 postcode district. The below map shows the position of THE COPSE on WARNES LANE.