34, FAIRLIE, RINGWOOD, BH24 1TS - £495,000

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.

34 FAIRLIE is a large extended detached house of 132m², built sometime between 1900 and 1929, which could now be worth an estimated £613,514. It was last sold for £495,000 in May 2016, which was around 8% above the average May 2016 detached price in the New Forest local authority area. The most recent EPC inspection was June 2014, where the current energy rating was E, and the potential energy rating was C.

34 FAIRLIE Sold Prices

Land registry data shows two sales for 34 FAIRLIE 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 34 FAIRLIE 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
2016 16 MAY	£495,000	£459,987	8% above HPI
2008 23 MAY	£460,000	£368,141	25% above HPI

34 FAIRLIE 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 34 FAIRLIE sales from May 2008 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 May 2008 sale was for 25% above the HPI. So the extrapolation line tracks at 25% above the HPI over time, until the May 2016 sale, where it falls to 8% above the HPI. The line then continues to track at 8% above the HPI.

What might 34 FAIRLIE be worth now?

34 FAIRLIE might now be worth an estimated £613,514.

This is based on house price inflation of 23.9%, between May 2016 and May 2026, 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 23.9% inflationary increase is applied to the most recent sale price for 34 FAIRLIE of £495,000 on 16th May 2016. For the value to have increased from £495,000 to £613,514 over the ten years to May 2026, the following assumptions must hold true:

• The value of 34 FAIRLIE has moved in line with the HPI for detached houses in the New Forest local authority area.
• The May 2016 sale price of £495,000 represented a fair market value for the property.
• The size, condition, and specification of 34 FAIRLIE has not materially changed since May 2016.

How Large is 34 FAIRLIE?

34 FAIRLIE is 132m², which includes three extensions, according to the EPC inspection conducted in June 2014. This puts it in the largest 40% 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 34 FAIRLIE lies on this distribution: 62% of detached houses houses are smaller than 34 FAIRLIE, and 37% of houses are larger. Note that EPC data is not available for all properties in Ringwood.

34 FAIRLIE: Plot and Title Map

34 FAIRLIE sits on a plot of roughly 0.130 of an acre, or 527m². The below map shows the location of 34 FAIRLIE, 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 34 FAIRLIE). 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 34 FAIRLIE?

34 FAIRLIE is located in RINGWOOD, in the BH24 postcode district. The below map shows the position of No. 34 on FAIRLIE.