OAK TREE COTTAGE, POUND LANE, BURLEY, RINGWOOD, BH24 4EE - £665,000

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.

OAK TREE COTTAGE is a midsized extended detached house of 170m², built sometime between 1900 and 1929, which could now be worth an estimated £780,939. It was last sold for £665,000 in May 2019, which was around 34% above the average May 2019 detached price in the New Forest local authority area. The most recent EPC inspection was May 2018, where the current energy rating was D, and the potential energy rating was C.

OAK TREE COTTAGE Sold Prices

Land registry data shows two sales for OAK TREE COTTAGE 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 OAK TREE COTTAGE 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
2019 20 MAY	£665,000	£495,979	34% above HPI
1995 25 AUG	£135,000	£108,952	24% above HPI

OAK TREE COTTAGE 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 OAK TREE COTTAGE sales from August 1995 and May 2019 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 1995 sale was for 24% above the HPI. So the extrapolation line tracks at 24% above the HPI over time, until the May 2019 sale, where it rises to 34% above the HPI. The line then continues to track at 34% above the HPI.

What might OAK TREE COTTAGE be worth now?

OAK TREE COTTAGE might now be worth an estimated £780,939.

This is based on house price inflation of 17.4%, between May 2019 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 17.4% inflationary increase is applied to the most recent sale price for OAK TREE COTTAGE of £665,000 on 20th May 2019. For the value to have increased from £665,000 to £780,939 over the six years and three months to February 2025, the following assumptions must hold true:

• The value of OAK TREE COTTAGE has moved in line with the HPI for detached houses in the New Forest local authority area.
• The May 2019 sale price of £665,000 represented a fair market value for the property.
• The size, condition, and specification of OAK TREE COTTAGE has not materially changed since May 2019.

How Large is OAK TREE COTTAGE?

OAK TREE COTTAGE is 170m², which includes four extensions, according to the EPC inspection conducted in May 2018. This puts it in the largest 50% of detached houses houses in Burley, based on EPC data. The below chart shows the distribution of detached houses houses by size in Burley, and where OAK TREE COTTAGE lies on this distribution: 53% of detached houses houses are smaller than OAK TREE COTTAGE, and 47% of houses are larger. Note that EPC data is not available for all properties in Burley.

OAK TREE COTTAGE: Plot and Title Map

OAK TREE COTTAGE sits on a plot of roughly 0.299 of an acre, or 1,210m². The below map shows the location of OAK TREE COTTAGE, 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 TREE COTTAGE). 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 TREE COTTAGE?

OAK TREE COTTAGE is located on POUND LANE in BURLEY, in the BH24 postcode district. The below map shows the position of OAK TREE COTTAGE on POUND LANE.