10, LAKE GROVE ROAD, NEW MILTON, BH25 5LA - £391,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

10 LAKE GROVE ROAD is a small detached house of 99m², built sometime between 1930 and 1949. It was last sold for £391,000 in March 2016, which was around 11% below the average March 2016 detached price in the New Forest local authority area. The most recent EPC inspection was February 2010, where the current energy rating was E, and the potential energy rating was E.

10 LAKE GROVE ROAD Sold Prices

Land registry data shows four sales for 10 LAKE GROVE ROAD 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. All of the four 10 LAKE GROVE ROAD 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
2016 24 MAR	£391,000	£437,303	11% below HPI
2010 21 SEP	£340,000	£352,382	4% below HPI
2005 16 AUG	£297,000	£302,988	2% below HPI
1997 20 JAN	£90,250	£108,784	17% below HPI

10 LAKE GROVE ROAD 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 10 LAKE GROVE ROAD sales between January 1997 and March 2016 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 2010 sale was for 4% below the HPI. So the extrapolation line tracks at 4% below the HPI over time, until the March 2016 sale, where it falls to 11% below the HPI. The line then continues to track at 11% below the HPI.

How Large is 10 LAKE GROVE ROAD?

10 LAKE GROVE ROAD is 99m² according to the EPC inspection conducted in February 2010. This puts it in the smallest 40% of detached houses in New Milton, based on EPC data. The below chart shows the distribution of detached houses by size in New Milton, and where 10 LAKE GROVE ROAD lies on this distribution: 38% of detached houses are smaller than 10 LAKE GROVE ROAD, and 62% of houses are larger. Note that EPC data is not available for all properties in New Milton.

10 LAKE GROVE ROAD: Plot and Title Map

10 LAKE GROVE ROAD sits on a plot of roughly 0.154 of an acre, or 622m². The below map shows the location of 10 LAKE GROVE ROAD, 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 10 LAKE GROVE ROAD). 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 10 LAKE GROVE ROAD?

10 LAKE GROVE ROAD is located in NEW MILTON, in the BH25 postcode district. The below map shows the position of No. 10 on LAKE GROVE ROAD.