248, RINGWOOD DRIVE, NORTH BADDESLEY, SOUTHAMPTON, SO52 9HP - £250,000

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.

248 RINGWOOD DRIVE is a very small terraced house of 60m², built sometime between 1976 and 1982, which could now be worth an estimated £298,570. It was last sold for £250,000 in December 2020, which was around 2% above the average December 2020 terraced price in the Test Valley local authority area. The most recent EPC inspection was July 2020, where the current energy rating was D, and the potential energy rating was B.

248 RINGWOOD DRIVE Sold Prices

Land registry data shows four sales for 248 RINGWOOD DRIVE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average terraced price in the Test Valley local authority area for the corresponding sale date. Most of the four 248 RINGWOOD DRIVE 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
2020 15 DEC	£250,000	£244,140	2% above HPI
2015 11 SEP	£200,000	£202,349	1% below HPI
2009 23 OCT	£151,000	£161,194	6% below HPI
2001 29 MAR	£86,500	£88,170	2% below HPI

248 RINGWOOD DRIVE Price Paid vs. HPI Average

The below graph shows the average terraced house price in the Test Valley local authority area over time, sourced from the HPI. The four 248 RINGWOOD DRIVE sales between March 2001 and December 2020 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 2015 sale was for 1% below the HPI. So the extrapolation line tracks at 1% below the HPI over time, until the December 2020 sale, where it rises to 2% above the HPI. The line then continues to track at 2% above the HPI.

What might 248 RINGWOOD DRIVE be worth now?

248 RINGWOOD DRIVE might now be worth an estimated £298,570.

This is based on house price inflation of 19.4%, between December 2020 and October 2025, for terraced houses, in the Test Valley local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 19.4% inflationary increase is applied to the most recent sale price for 248 RINGWOOD DRIVE of £250,000 on 15th December 2020. For the value to have increased from £250,000 to £298,570 over the five years and two months to October 2025, the following assumptions must hold true:

• The value of 248 RINGWOOD DRIVE has moved in line with the HPI for terraced houses in the Test Valley local authority area.
• The December 2020 sale price of £250,000 represented a fair market value for the property.
• The size, condition, and specification of 248 RINGWOOD DRIVE has not materially changed since December 2020.

How Large is 248 RINGWOOD DRIVE?

248 RINGWOOD DRIVE is 60m² according to the EPC inspection conducted in July 2020. This puts it in the smallest 10% of terraced houses houses in North Baddesley, based on EPC data. The below chart shows the distribution of terraced houses houses by size in North Baddesley, and where 248 RINGWOOD DRIVE lies on this distribution: 3% of terraced houses houses are smaller than 248 RINGWOOD DRIVE, and 97% of houses are larger. Note that EPC data is not available for all properties in North Baddesley.

248 RINGWOOD DRIVE: Plot and Title Map

248 RINGWOOD DRIVE sits on a plot of roughly 0.036 of an acre, or 145m². The below map shows the location of 248 RINGWOOD DRIVE, 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 248 RINGWOOD DRIVE). 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 248 RINGWOOD DRIVE?

248 RINGWOOD DRIVE is located in NORTH BADDESLEY, in the SO52 postcode district. The below map shows the position of No. 248 on RINGWOOD DRIVE.