TYRELLS WAY, TYRELLS LANE, BURLEY, RINGWOOD, BH24 4DA - £1,295,000

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

TYRELLS WAY is a midsized extended detached house of 154m², built sometime between 1950 and 1966. It was last sold for £1,295,000 in January 2023, which was around 118% above the average January 2023 detached price in the New Forest local authority area. The most recent EPC inspection was February 2024, where the current energy rating was E, and the potential energy rating was C.

TYRELLS WAY Sold Prices

Land registry data shows two sales for TYRELLS WAY 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 TYRELLS WAY 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 27 JAN	£1,295,000	£593,112	118% above HPI
2022 17 MAY	£860,000	£582,390	48% above HPI

TYRELLS WAY 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 TYRELLS WAY sales from May 2022 and January 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 May 2022 sale was for 48% above the HPI. So the extrapolation line tracks at 48% above the HPI over time, until the January 2023 sale, where it rises to 118% above the HPI. The line then continues to track at 118% above the HPI.

How Large is TYRELLS WAY?

TYRELLS WAY is 154m², which includes one extension, according to the EPC inspection conducted in February 2024. This puts it in the smallest 50% of detached houses in Burley Street, based on EPC data. The below chart shows the distribution of detached houses by size in Burley Street, and where TYRELLS WAY lies on this distribution: 45% of detached houses are smaller than TYRELLS WAY, and 53% of houses are larger. Note that EPC data is not available for all properties in Burley Street.

TYRELLS WAY: Plot and Title Map

TYRELLS WAY sits on a plot of roughly 1.1 acres, or 4,578m². The below map shows the location of TYRELLS WAY, 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 TYRELLS WAY). 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 TYRELLS WAY?

TYRELLS WAY is located on TYRELLS LANE in BURLEY, in the BH24 postcode district. The below map shows the position of TYRELLS WAY on TYRELLS LANE.