11, THE LANES, NEW MILTON, BH25 5DG - £310,000

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

11 THE LANES is a small detached house of 92m², built sometime between 1967 and 1975. It was last sold for £310,000 in November 2013, which was around 13% below the average November 2013 detached price in the New Forest local authority area. The most recent EPC inspection was August 2015, where the current energy rating was C, and the potential energy rating was B.

11 THE LANES Sold Prices

Land registry data shows two sales for 11 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. Both of the two 11 THE LANES 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
2013 1 NOV	£310,000	£357,584	13% below HPI
2006 17 SEP	£310,000	£320,646	3% below HPI

11 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 11 THE LANES sales from September 2006 and November 2013 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 2006 sale was for 3% below the HPI. So the extrapolation line tracks at 3% below the HPI over time, until the November 2013 sale, where it falls to 13% below the HPI. The line then continues to track at 13% below the HPI.

How Large is 11 THE LANES?

11 THE LANES is 92m² according to the EPC inspection conducted in August 2015. This puts it in the smallest 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 11 THE LANES lies on this distribution: 36% of detached houses are smaller than 11 THE LANES, and 63% of houses are larger. Note that EPC data is not available for all properties in Ashley.

11 THE LANES: Plot and Title Map

11 THE LANES sits on a plot of roughly 0.113 of an acre, or 457m². The below map shows the location of 11 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 11 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 11 THE LANES?

11 THE LANES is located in NEW MILTON, in the BH25 postcode district. The below map shows the position of No. 11 on THE LANES.