OAK RIDGE, SCHOOL ROAD, THORNEY HILL, CHRISTCHURCH, BH23 8DS - £525,000

OAK RIDGE is a very small detached house of 84m², built sometime between 1930 and 1949. It was last sold for £525,000 in July 2021, which was around 2% above the average July 2021 detached price in the New Forest local authority area. The most recent EPC inspection was July 2015, where the current energy rating was D, and the potential energy rating was B.

OAK RIDGE Sold Prices

Land registry data shows four sales for OAK RIDGE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the New Forest local authority area for the corresponding sale date. Most of the four OAK RIDGE 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
2021 15 JUL	£525,000	£513,813	2% above HPI
2016 28 JUN	£315,000	£433,420	27% below HPI
2006 20 OCT	£274,600	£321,896	15% below HPI
2002 18 JUL	£176,000	£229,157	23% below HPI

OAK RIDGE 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 four OAK RIDGE sales between July 2002 and July 2021 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 2016 sale was for 27% below the HPI. So the extrapolation line tracks at 27% below the HPI over time, until the July 2021 sale, where it rises to 2% above the HPI. The line then continues to track at 2% above the HPI.

How Large is OAK RIDGE?

OAK RIDGE is 84m² according to the EPC inspection conducted in July 2015. This puts it in the smallest 20% of detached houses in Thorney Hill, based on EPC data. The below chart shows the distribution of detached houses by size in Thorney Hill, and where OAK RIDGE lies on this distribution: 12% of detached houses are smaller than OAK RIDGE, and 88% of houses are larger. Note that EPC data is not available for all properties in Thorney Hill.

OAK RIDGE: Plot and Title Map

OAK RIDGE sits on a plot of roughly 0.106 of an acre, or 429m². The below map shows the location of OAK RIDGE, 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 OAK RIDGE). 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 OAK RIDGE?

OAK RIDGE is located on SCHOOL ROAD in THORNEY HILL, in the BH23 postcode district. The below map shows the position of OAK RIDGE on SCHOOL ROAD.