WOOD CLOSE, HANGERSLEY, RINGWOOD, BH24 3JN - £690,000

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.

WOOD CLOSE is a very large extended detached house of 214m², built sometime between 1930 and 1949, which could now be worth an estimated £915,143. It was last sold for £690,000 in September 2015, which was around 57% above the average September 2015 detached price in the New Forest local authority area. The most recent EPC inspection was July 2014, where the current energy rating was E, and the potential energy rating was C.

WOOD CLOSE Sold Prices

Land registry data shows two sales for WOOD CLOSE 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 WOOD CLOSE 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
2015 4 SEP	£690,000	£439,156	57% above HPI
2000 22 JUN	£389,000	£183,593	112% above HPI

WOOD CLOSE 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 WOOD CLOSE sales from June 2000 and September 2015 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 June 2000 sale was for 112% above the HPI. So the extrapolation line tracks at 112% above the HPI over time, until the September 2015 sale, where it falls to 57% above the HPI. The line then continues to track at 57% above the HPI.

What might WOOD CLOSE be worth now?

WOOD CLOSE might now be worth an estimated £915,143.

This is based on house price inflation of 32.6%, between September 2015 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 32.6% inflationary increase is applied to the most recent sale price for WOOD CLOSE of £690,000 on 4th September 2015. For the value to have increased from £690,000 to £915,143 over the ten years and seven months to February 2025, the following assumptions must hold true:

• The value of WOOD CLOSE has moved in line with the HPI for detached houses in the New Forest local authority area.
• The September 2015 sale price of £690,000 represented a fair market value for the property.
• The size, condition, and specification of WOOD CLOSE has not materially changed since September 2015.

How Large is WOOD CLOSE?

WOOD CLOSE is 214m², which includes three extensions, according to the EPC inspection conducted in July 2014. This puts it in the largest 10% of detached houses houses in Ringwood, based on EPC data. The below chart shows the distribution of detached houses houses by size in Ringwood, and where WOOD CLOSE lies on this distribution: 95% of detached houses houses are smaller than WOOD CLOSE, and 4% of houses are larger. Note that EPC data is not available for all properties in Ringwood.

WOOD CLOSE: Plot and Title Map

WOOD CLOSE sits on a plot of roughly 1.6 acres, or 6,613m². The below map shows the location of WOOD CLOSE, 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 WOOD CLOSE). 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 WOOD CLOSE?

WOOD CLOSE is located in HANGERSLEY, in the BH24 postcode district. The below map shows the position of WOOD CLOSE in HANGERSLEY.