OAKGATE, SOUTHAMPTON ROAD, BARTLEY, SOUTHAMPTON, SO40 2NA - £540,000

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.

OAKGATE is a very large extended detached house of 157m², built sometime between 1950 and 1966, which could now be worth an estimated £606,421. It was last sold for £540,000 in March 2020, which was around 6% above the average March 2020 detached price in the New Forest local authority area. The most recent EPC inspection was July 2019, where the current energy rating was E, and the potential energy rating was D.

OAKGATE Sold Prices

Land registry data shows two sales for OAKGATE 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 OAKGATE 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
2020 5 MAR	£540,000	£507,673	6% above HPI
2002 5 SEP	£320,000	£257,675	24% above HPI

OAKGATE 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 OAKGATE sales from September 2002 and March 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 2002 sale was for 24% above the HPI. So the extrapolation line tracks at 24% above the HPI over time, until the March 2020 sale, where it falls to 6% above the HPI. The line then continues to track at 6% above the HPI.

What might OAKGATE be worth now?

OAKGATE might now be worth an estimated £606,421.

This is based on house price inflation of 12.3%, between March 2020 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 12.3% inflationary increase is applied to the most recent sale price for OAKGATE of £540,000 on 5th March 2020. For the value to have increased from £540,000 to £606,421 over the five years and ten months to May 2026, the following assumptions must hold true:

• The value of OAKGATE has moved in line with the HPI for detached houses in the New Forest local authority area.
• The March 2020 sale price of £540,000 represented a fair market value for the property.
• The size, condition, and specification of OAKGATE has not materially changed since March 2020.

How Large is OAKGATE?

OAKGATE is 157m², which includes two extensions, according to the EPC inspection conducted in July 2019. This puts it in the largest 20% of detached houses houses in Bartley, based on EPC data. The below chart shows the distribution of detached houses houses by size in Bartley, and where OAKGATE lies on this distribution: 80% of detached houses houses are smaller than OAKGATE, and 19% of houses are larger. Note that EPC data is not available for all properties in Bartley.

OAKGATE: Plot and Title Map

OAKGATE sits on a plot of roughly 0.224 of an acre, or 907m². The below map shows the location of OAKGATE, 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 OAKGATE). 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 OAKGATE?

OAKGATE is located on SOUTHAMPTON ROAD in BARTLEY, in the SO40 postcode district. The below map shows the position of OAKGATE on SOUTHAMPTON ROAD.