THE TREES, CHAPEL LANE, BLACKFIELD, SOUTHAMPTON, SO45 1YX - £325,000

THE TREES is a small detached house of 92m², built sometime between 1950 and 1966. It was last sold for £325,000 in August 2012, which was around 6% below the average August 2012 detached price in the New Forest local authority area. The most recent EPC inspection was February 2014, where the current energy rating was E, and the potential energy rating was B.

THE TREES Sold Prices

Land registry data shows two sales for THE TREES 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 THE TREES 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
2012 17 AUG	£325,000	£344,713	6% below HPI
2007 11 JUN	£330,000	£340,934	3% below HPI

THE TREES 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 THE TREES sales from June 2007 and August 2012 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 2007 sale was for 3% below the HPI. So the extrapolation line tracks at 3% below the HPI over time, until the August 2012 sale, where it falls to 6% below the HPI. The line then continues to track at 6% below the HPI.

How Large is THE TREES?

THE TREES is 92m² according to the EPC inspection conducted in February 2014. This puts it in the smallest 40% of detached houses in Langley, based on EPC data. The below chart shows the distribution of detached houses by size in Langley, and where THE TREES lies on this distribution: 36% of detached houses are smaller than THE TREES, and 63% of houses are larger. Note that EPC data is not available for all properties in Langley.

THE TREES: Plot and Title Map

THE TREES sits on a plot of roughly 0.170 of an acre, or 689m². The below map shows the location of THE TREES, 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 THE TREES). 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 THE TREES?

THE TREES is located on CHAPEL LANE in BLACKFIELD, in the SO45 postcode district. The below map shows the position of THE TREES on CHAPEL LANE.