10, THE LANES, NEW MILTON, BH25 5DG - £565,000

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 THE LANES is a large detached house of 118m², built sometime between 1976 and 1982. It was last sold for £565,000 in December 2023, which was about the average December 2023 detached price in the New Forest local authority area. The most recent EPC inspection was September 2021, where the current energy rating was D, and the potential energy rating was B.

10 THE LANES Sold Prices

Land registry data shows two sales for 10 THE LANES 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. One of the two 10 THE LANES sales was roughly equal to the average price, whilst the other was 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
2023 5 DEC	£565,000	£565,467	Close to HPI
2003 6 JUN	£300,000	£271,653	10% above HPI

10 THE LANES 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 10 THE LANES sales from June 2003 and December 2023 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 2003 sale was for 10% above the HPI. So the extrapolation line tracks at 10% above the HPI over time, until the December 2023 sale, where it falls to roughly the same level as the HPI. The line then continues to track in line with the HPI.

How Large is 10 THE LANES?

10 THE LANES is 118m² according to the EPC inspection conducted in September 2021. This puts it in the largest 40% of detached houses in Ashley, based on EPC data. The below chart shows the distribution of detached houses by size in Ashley, and where 10 THE LANES lies on this distribution: 64% of detached houses are smaller than 10 THE LANES, and 35% of houses are larger. Note that EPC data is not available for all properties in Ashley.

10 THE LANES: Plot and Title Map

10 THE LANES sits on a plot of roughly 0.113 of an acre, or 457m². The below map shows the location of 10 THE LANES, 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 THE LANES). 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 THE LANES?

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