WEST LAWN, CHAPEL LANE, BURLEY, RINGWOOD, BH24 4DJ - £850,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

WEST LAWN is a large extended detached house of 228m², built sometime between 1967 and 1975, which could now be worth an estimated £964,019. It was last sold for £850,000 in February 2018, which was around 66% above the average February 2018 detached price in the New Forest local authority area. The most recent EPC inspection was May 2017, where the current energy rating was D, and the potential energy rating was C.

WEST LAWN Sold Prices

Land registry data shows two sales for WEST LAWN 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 WEST LAWN 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
2018 16 FEB	£850,000	£513,561	66% above HPI
2009 4 SEP	£575,000	£333,279	73% above HPI

WEST LAWN 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 WEST LAWN sales from September 2009 and February 2018 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 September 2009 sale was for 73% above the HPI. So the extrapolation line tracks at 73% above the HPI over time, until the February 2018 sale, where it falls to 66% above the HPI. The line then continues to track at 66% above the HPI.

What might WEST LAWN be worth now?

WEST LAWN might now be worth an estimated £964,019.

This is based on house price inflation of 13.4%, between February 2018 and February 2025, 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 13.4% inflationary increase is applied to the most recent sale price for WEST LAWN of £850,000 on 16th February 2018. For the value to have increased from £850,000 to £964,019 over the seven years to February 2025, the following assumptions must hold true:

• The value of WEST LAWN has moved in line with the HPI for detached houses in the New Forest local authority area.
• The February 2018 sale price of £850,000 represented a fair market value for the property.
• The size, condition, and specification of WEST LAWN has not materially changed since February 2018.

How Large is WEST LAWN?

WEST LAWN is 228m², which includes one extension, according to the EPC inspection conducted in May 2017. This puts it in the largest 30% of detached houses houses in Burley, based on EPC data. The below chart shows the distribution of detached houses houses by size in Burley, and where WEST LAWN lies on this distribution: 77% of detached houses houses are smaller than WEST LAWN, and 23% of houses are larger. Note that EPC data is not available for all properties in Burley.

WEST LAWN: Plot and Title Map

WEST LAWN sits on a plot of roughly 0.211 of an acre, or 852m². The below map shows the location of WEST LAWN, 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 WEST LAWN). 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 WEST LAWN?

WEST LAWN is located on CHAPEL LANE in BURLEY, in the BH24 postcode district. The below map shows the position of WEST LAWN on CHAPEL LANE.