VERYAN, CHAPEL LANE, BLACKFIELD, SOUTHAMPTON, SO45 1YX - £350,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

VERYAN is a very large extended detached house of 135m², built sometime between 1950 and 1966, which could now be worth an estimated £443,361. It was last sold for £350,000 in May 2016, which was around 24% below the average May 2016 detached price in the New Forest local authority area. The most recent EPC inspection was October 2012, where the current energy rating was D, and the potential energy rating was C.

VERYAN Sold Prices

Land registry data shows four sales for VERYAN 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 VERYAN 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
2016 12 MAY	£350,000	£459,987	24% below HPI
2002 16 DEC	£245,500	£273,729	10% below HPI
1997 12 DEC	£127,000	£137,534	8% below HPI
1996 29 NOV	£109,000	£114,648	5% below HPI

VERYAN 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 VERYAN sales between November 1996 and May 2016 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 December 2002 sale was for 10% below the HPI. So the extrapolation line tracks at 10% below the HPI over time, until the May 2016 sale, where it falls to 24% below the HPI. The line then continues to track at 24% below the HPI.

What might VERYAN be worth now?

VERYAN might now be worth an estimated £443,361.

This is based on house price inflation of 26.7%, between May 2016 and December 2024, for detached houses, in the New Forest local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 26.7% inflationary increase is applied to the most recent sale price for VERYAN of £350,000 on 12th May 2016. For the value to have increased from £350,000 to £443,361 over the seven years and five months to December 2024, the following assumptions must hold true:

• The value of VERYAN has moved in line with the HPI for detached houses in the New Forest local authority area.
• The May 2016 sale price of £350,000 represented a fair market value for the property.
• The size, condition, and specification of VERYAN has not materially changed since May 2016.

How Large is VERYAN?

VERYAN is 135m², which includes one extension, according to the EPC inspection conducted in October 2012. This puts it in the largest 20% of detached houses houses in Langley, based on EPC data. The below chart shows the distribution of detached houses houses by size in Langley, and where VERYAN lies on this distribution: 80% of detached houses houses are smaller than VERYAN, and 20% of houses are larger. Note that EPC data is not available for all properties in Langley.

VERYAN: Plot and Title Map

VERYAN sits on a plot of roughly 0.157 of an acre, or 636m². The below map shows the location of VERYAN, 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 VERYAN). 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 VERYAN?

VERYAN is located on CHAPEL LANE in BLACKFIELD, in the SO45 postcode district. The below map shows the position of VERYAN on CHAPEL LANE.