16, LAKE GROVE ROAD, NEW MILTON, BH25 5LA - £500,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

16 LAKE GROVE ROAD is a very large detached house of 152m², built sometime between 2003 and 2006, which could now be worth an estimated £798,680. It was last sold for £500,000 in July 2012, which was around 37% above the average July 2012 detached price in the New Forest local authority area. The most recent EPC inspection was June 2024, where the current energy rating was C, and the potential energy rating was B.

16 LAKE GROVE ROAD Sold Prices

Land registry data shows two sales for 16 LAKE GROVE ROAD 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 16 LAKE GROVE ROAD 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
2012 25 JUL	£500,000	£364,633	37% above HPI
2000 15 DEC	£360,000	£201,157	79% above HPI

16 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 two 16 LAKE GROVE ROAD sales from December 2000 and July 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 December 2000 sale was for 79% above the HPI. So the extrapolation line tracks at 79% above the HPI over time, until the July 2012 sale, where it falls to 37% above the HPI. The line then continues to track at 37% above the HPI.

What might 16 LAKE GROVE ROAD be worth now?

16 LAKE GROVE ROAD might now be worth an estimated £798,680.

This is based on house price inflation of 59.7%, between July 2012 and February 2025, for detached houses, in the New Forest local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 59.7% inflationary increase is applied to the most recent sale price for 16 LAKE GROVE ROAD of £500,000 on 25th July 2012. For the value to have increased from £500,000 to £798,680 over the thirteen years and five months to February 2025, the following assumptions must hold true:

• The value of 16 LAKE GROVE ROAD has moved in line with the HPI for detached houses in the New Forest local authority area.
• The July 2012 sale price of £500,000 represented a fair market value for the property.
• The size, condition, and specification of 16 LAKE GROVE ROAD has not materially changed since July 2012.

How Large is 16 LAKE GROVE ROAD?

16 LAKE GROVE ROAD is 152m² according to the EPC inspection conducted in June 2024. This puts it in the largest 20% of detached houses houses in New Milton, based on EPC data. The below chart shows the distribution of detached houses houses by size in New Milton, and where 16 LAKE GROVE ROAD lies on this distribution: 85% of detached houses houses are smaller than 16 LAKE GROVE ROAD, and 15% of houses are larger. Note that EPC data is not available for all properties in New Milton.

16 LAKE GROVE ROAD: Plot and Title Map

16 LAKE GROVE ROAD sits on a plot of roughly 0.177 of an acre, or 715m². The below map shows the location of 16 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 16 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 16 LAKE GROVE ROAD?

16 LAKE GROVE ROAD is located in NEW MILTON, in the BH25 postcode district. The below map shows the position of No. 16 on LAKE GROVE ROAD.