THE COTTAGE, KINGSBURYS LANE, RINGWOOD, BH24 1EL - £300,000

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

THE COTTAGE is a very small detached house of 71m², built sometime between 1900 and 1929. It was last sold for £300,000 in September 2023, which was around 48% below the average September 2023 detached price in the New Forest local authority area. The most recent EPC inspection was April 2014, where the current energy rating was E, and the potential energy rating was C.

THE COTTAGE Sold Prices

Land registry data shows three sales for THE 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 THE COTTAGE sales were for below 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
2023 12 SEP	£300,000	£577,813	48% below HPI
2003 28 FEB	£175,000	£268,851	35% below HPI
1999 25 AUG	£87,500	£152,066	42% below HPI

THE 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 THE COTTAGE sales between August 1999 and September 2023 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 February 2003 sale was for 35% below the HPI. So the extrapolation line tracks at 35% below the HPI over time, until the September 2023 sale, where it falls to 48% below the HPI. The line then continues to track at 48% below the HPI.

How Large is THE COTTAGE?

THE COTTAGE is 71m² according to the EPC inspection conducted in April 2014. This puts it in the smallest 10% of detached houses in Ringwood, based on EPC data. The below chart shows the distribution of detached houses by size in Ringwood, and where THE COTTAGE lies on this distribution: 7% of detached houses are smaller than THE COTTAGE, and 93% of houses are larger. Note that EPC data is not available for all properties in Ringwood.

THE COTTAGE: Plot and Title Map

THE COTTAGE sits on a plot of roughly 0.017 of an acre, or 67m². The below map shows the location of THE 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 THE 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 THE COTTAGE?

THE COTTAGE is located on KINGSBURYS LANE in RINGWOOD, in the BH24 postcode district. The below map shows the position of THE COTTAGE on KINGSBURYS LANE.