THE TREES, EXBURY ROAD, BLACKFIELD, SOUTHAMPTON, SO45 1XD - £440,000

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

THE TREES is a very large detached house of 155m², built sometime between 1950 and 1966. It was last sold for £440,000 in March 2021, which was around 12% below the average March 2021 detached price in the New Forest local authority area. The most recent EPC inspection was April 2017, where the current energy rating was F, and the potential energy rating was C.

THE TREES Sold Prices

Land registry data shows three sales for THE TREES 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. Two of the three THE TREES sales were for below the average price, whilst one 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
2021 22 MAR	£440,000	£502,106	12% below HPI
2017 25 MAY	£425,000	£456,927	7% below HPI
2000 2 NOV	£190,000	£186,866	2% above HPI

THE TREES 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 TREES sales between November 2000 and March 2021 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 2017 sale was for 7% below the HPI. So the extrapolation line tracks at 7% below the HPI over time, until the March 2021 sale, where it falls to 12% below the HPI. The line then continues to track at 12% below the HPI.

How Large is THE TREES?

THE TREES is 155m² according to the EPC inspection conducted in April 2017. This puts it in the largest 20% of detached houses in Blackfield, based on EPC data. The below chart shows the distribution of detached houses by size in Blackfield, and where THE TREES lies on this distribution: 88% of detached houses are smaller than THE TREES, and 12% of houses are larger. Note that EPC data is not available for all properties in Blackfield.

THE TREES: Plot and Title Map

THE TREES sits on a plot of roughly 0.248 of an acre, or 1,003m². The below map shows the location of THE TREES, 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 TREES). 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 TREES?

THE TREES is located on EXBURY ROAD in BLACKFIELD, in the SO45 postcode district. The below map shows the position of THE TREES on EXBURY ROAD.