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
170 STEM LANE is a very large extended detached house of 145m², built sometime between 1950 and 1966. It was last sold for £440,000 in February 2021, which was around 13% below the average February 2021 detached price in the New Forest local authority area. The most recent EPC inspection was October 2019, where the current energy rating was D, and the potential energy rating was C.
Land registry data shows two sales for 170 STEM LANE since 1st 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 170 STEM LANE 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 |
---|---|---|---|
2021 16 FEB | £440,000 | £506,996 | 13% below HPI |
2013 11 DEC | £225,000 | £357,767 | 37% below HPI |
The below graph shows the average detached house price in the New Forest local authority area over time, sourced from the HPI. The two 170 STEM LANE sales from December 2013 and February 2021 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 2013 sale was for 37% below the HPI. So the extrapolation line tracks at 37% below the HPI over time, until the February 2021 sale, where it rises to 13% below the HPI. The line then continues to track at 13% below the HPI.
170 STEM LANE is 145m², which includes one extension, according to the EPC inspection conducted in October 2019. 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 170 STEM LANE lies on this distribution: 81% of detached houses are smaller than 170 STEM LANE, and 18% of houses are larger. Note that EPC data is not available for all properties in New Milton.
170 STEM LANE sits on a plot of roughly 0.128 of an acre, or 516m². The below map shows the location of 170 STEM LANE, 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 170 STEM LANE). 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.
170 STEM LANE is located in NEW MILTON, in the BH25 postcode district. The below map shows the position of No. 170 on STEM LANE.