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

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

16 LAKE GROVE ROAD is a very large detached house of 152m², built sometime between 2003 and 2006. It was last sold for £500,000 in July 2012, which was around 45% 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	£345,217	45% above HPI
2000 15 DEC	£360,000	£190,445	89% 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 89% above the HPI. So the extrapolation line tracks at 89% above the HPI over time, until the July 2012 sale, where it falls to 45% above the HPI. The line then continues to track at 45% above the HPI.

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 in New Milton, based on EPC data. The below chart shows the distribution of detached houses by size in New Milton, and where 16 LAKE GROVE ROAD lies on this distribution: 85% of detached 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.