1, EMERALD CLOSE, ASHLEY HEATH, RINGWOOD, BH24 2EW - £695,000

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.

1 EMERALD CLOSE is a small detached house of 122m², built sometime between 1996 and 2002, which could now be worth an estimated £665,508. It was last sold for £695,000 in April 2023, which was around 29% above the average April 2023 detached price in the Dorset local authority area. The most recent EPC inspection was October 2018, where the current energy rating was D, and the potential energy rating was C.

1 EMERALD CLOSE Sold Prices

Land registry data shows five sales for 1 EMERALD CLOSE since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the Dorset local authority area for the corresponding sale date. All of the five 1 EMERALD 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
2023 3 APR	£695,000	£540,482	29% above HPI
2019 1 AUG	£505,000	£428,376	18% above HPI
2015 30 JUL	£475,000	£377,067	26% above HPI
2009 29 MAY	£385,000	£286,179	35% above HPI
2000 5 APR	£249,500	£157,008	59% above HPI

1 EMERALD CLOSE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Dorset local authority area over time, sourced from the HPI. The five 1 EMERALD CLOSE sales between April 2000 and April 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 August 2019 sale was for 18% above the HPI. So the extrapolation line tracks at 18% above the HPI over time, until the April 2023 sale, where it rises to 29% above the HPI. The line then continues to track at 29% above the HPI.

What might 1 EMERALD CLOSE be worth now?

1 EMERALD CLOSE might now be worth an estimated £665,508.

This is based on house price deflation of 4.2%, between April 2023 and May 2026, for detached houses, in the Dorset local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 4.2% deflationary decrease is applied to the most recent sale price for 1 EMERALD CLOSE of £695,000 on 3rd April 2023. For the value to have decreased from £695,000 to £665,508 over the two years and eleven months to May 2026, the following assumptions must hold true:

• The value of 1 EMERALD CLOSE has moved in line with the HPI for detached houses in the Dorset local authority area.
• The April 2023 sale price of £695,000 represented a fair market value for the property.
• The size, condition, and specification of 1 EMERALD CLOSE has not materially changed since April 2023.

How Large is 1 EMERALD CLOSE?

1 EMERALD CLOSE is 122m² according to the EPC inspection conducted in October 2018. This puts it in the smallest 30% of detached houses houses in Ashley Heath, based on EPC data. The below chart shows the distribution of detached houses houses by size in Ashley Heath, and where 1 EMERALD CLOSE lies on this distribution: 26% of detached houses houses are smaller than 1 EMERALD CLOSE, and 74% of houses are larger. Note that EPC data is not available for all properties in Ashley Heath.

1 EMERALD CLOSE: Plot and Title Map

1 EMERALD CLOSE sits on a plot of roughly 0.166 of an acre, or 670m². The below map shows the location of 1 EMERALD 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 1 EMERALD 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 1 EMERALD CLOSE?

1 EMERALD CLOSE is located in ASHLEY HEATH, in the BH24 postcode district. The below map shows the position of No. 1 on EMERALD CLOSE.