TWO ACRES, BEECHWOOD LANE, BURLEY, RINGWOOD, BH24 4AR - £1,600,000

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

TWO ACRES is a large extended detached house of 223m², built sometime between 1950 and 1966. It was last sold for £1,600,000 in April 2023, which was around 177% above the average April 2023 detached price in the New Forest local authority area. The most recent EPC inspection was October 2023, where the current energy rating was C, and the potential energy rating was B.

TWO ACRES Sold Prices

Land registry data shows four sales for TWO ACRES since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the New Forest local authority area for the corresponding sale date. All of the four TWO ACRES 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
2023 28 APR	£1,600,000	£577,927	177% above HPI
2020 28 AUG	£1,125,000	£484,642	132% above HPI
2009 19 OCT	£875,000	£317,566	176% above HPI
2004 18 JUN	£600,000	£289,762	107% above HPI

TWO ACRES 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 four TWO ACRES sales between June 2004 and April 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 August 2020 sale was for 132% above the HPI. So the extrapolation line tracks at 132% above the HPI over time, until the April 2023 sale, where it rises to 177% above the HPI. The line then continues to track at 177% above the HPI.

How Large is TWO ACRES?

TWO ACRES is 223m², which includes one extension, according to the EPC inspection conducted in October 2023. This puts it in the largest 30% of detached houses in Burley, based on EPC data. The below chart shows the distribution of detached houses by size in Burley, and where TWO ACRES lies on this distribution: 74% of detached houses are smaller than TWO ACRES, and 26% of houses are larger. Note that EPC data is not available for all properties in Burley.

TWO ACRES: Plot and Title Map

TWO ACRES sits on a plot of roughly 1.8 acres, or 7,336m². The below map shows the location of TWO ACRES, 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 TWO ACRES). 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 TWO ACRES?

TWO ACRES is located on BEECHWOOD LANE in BURLEY, in the BH24 postcode district. The below map shows the position of TWO ACRES on BEECHWOOD LANE.