SPRINGWOOD, BALMER LAWN ROAD, BROCKENHURST, SO42 7TT - £545,000

SPRINGWOOD is a very small extended detached house of 106m², built sometime between 1900 and 1929. It was last sold for £545,000 in November 2014, which was around 41% above the average November 2014 detached price in the New Forest local authority area. The most recent EPC inspection was February 2014, where the current energy rating was D, and the potential energy rating was B.

SPRINGWOOD Sold Prices

Land registry data shows three sales for SPRINGWOOD since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the New Forest local authority area for the corresponding sale date. All of the three SPRINGWOOD 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
2014 27 NOV	£545,000	£387,639	41% above HPI
2007 29 AUG	£525,000	£347,615	51% above HPI
2005 27 JUN	£340,000	£301,819	13% above HPI

SPRINGWOOD 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 three SPRINGWOOD sales between June 2005 and November 2014 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 2007 sale was for 51% above the HPI. So the extrapolation line tracks at 51% above the HPI over time, until the November 2014 sale, where it falls to 41% above the HPI. The line then continues to track at 41% above the HPI.

How Large is SPRINGWOOD?

SPRINGWOOD is 106m², which includes one extension, according to the EPC inspection conducted in February 2014. This puts it in the smallest 20% of detached houses in Balmerlawn, based on EPC data. The below chart shows the distribution of detached houses by size in Balmerlawn, and where SPRINGWOOD lies on this distribution: 11% of detached houses are smaller than SPRINGWOOD, and 89% of houses are larger. Note that EPC data is not available for all properties in Balmerlawn.

SPRINGWOOD: Plot and Title Map

SPRINGWOOD sits on a plot of roughly 0.244 of an acre, or 987m². The below map shows the location of SPRINGWOOD, 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 SPRINGWOOD). 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 SPRINGWOOD?

SPRINGWOOD is located on BALMER LAWN ROAD in BROCKENHURST, in the SO42 postcode district. The below map shows the position of SPRINGWOOD on BALMER LAWN ROAD.