TWO OAKS, BALMER LAWN ROAD, BROCKENHURST, SO42 7TT - £915,000

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 OAKS is a large extended detached house of 173m², built sometime between 1983 and 1990. It was last sold for £915,000 in August 2019, which was around 93% above the average August 2019 detached price in the New Forest local authority area. The most recent EPC inspection was October 2018, where the current energy rating was C, and the potential energy rating was C.

TWO OAKS Sold Prices

Land registry data shows two sales for TWO OAKS 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 TWO OAKS 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 30 AUG	£915,000	£474,534	93% above HPI
2007 19 NOV	£775,000	£358,734	116% above HPI

TWO OAKS 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 TWO OAKS sales from November 2007 and August 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 November 2007 sale was for 116% above the HPI. So the extrapolation line tracks at 116% above the HPI over time, until the August 2019 sale, where it falls to 93% above the HPI. The line then continues to track at 93% above the HPI.

How Large is TWO OAKS?

TWO OAKS is 173m², which includes one extension, according to the EPC inspection conducted in October 2018. This puts it in the largest 40% of detached houses in Balmerlawn, based on EPC data. The below chart shows the distribution of detached houses by size in Balmerlawn, and where TWO OAKS lies on this distribution: 68% of detached houses are smaller than TWO OAKS, and 32% of houses are larger. Note that EPC data is not available for all properties in Balmerlawn.

TWO OAKS: Plot and Title Map

TWO OAKS sits on a plot of roughly 0.181 of an acre, or 734m². The below map shows the location of TWO OAKS, 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 OAKS). 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 OAKS?

TWO OAKS is located on BALMER LAWN ROAD in BROCKENHURST, in the SO42 postcode district. The below map shows the position of TWO OAKS on BALMER LAWN ROAD.