18, PARK ROAD, NEW MILTON, BH25 6QE - £420,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

18 PARK ROAD is a small detached house of 98m², built sometime between 1991 and 1995. It was last sold for £420,000 in March 2023, which was around 28% below the average March 2023 detached price in the New Forest local authority area. The most recent EPC inspection was September 2017, where the current energy rating was D, and the potential energy rating was B.

18 PARK ROAD Sold Prices

Land registry data shows seven sales for 18 PARK ROAD since 1^st January 1995. The below table shows the price paid for the seven sales, along with the average detached price in the New Forest local authority area for the corresponding sale date. All of the seven 18 PARK ROAD 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
2023 31 MAR	£420,000	£581,817	28% below HPI
2020 31 JUL	£390,000	£476,136	18% below HPI
2018 19 JAN	£345,000	£480,796	28% below HPI
2006 7 SEP	£250,000	£320,646	22% below HPI
2003 12 DEC	£225,000	£282,695	20% below HPI
2002 2 APR	£178,000	£209,881	15% below HPI
1995 30 JUN	£97,000	£99,134	2% below HPI

18 PARK 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 seven 18 PARK ROAD sales between June 1995 and March 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 July 2020 sale was for 18% below the HPI. So the extrapolation line tracks at 18% below the HPI over time, until the March 2023 sale, where it falls to 28% below the HPI. The line then continues to track at 28% below the HPI.

How Large is 18 PARK ROAD?

18 PARK ROAD is 98m² according to the EPC inspection conducted in September 2017. This puts it in the smallest 40% 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 18 PARK ROAD lies on this distribution: 37% of detached houses are smaller than 18 PARK ROAD, and 62% of houses are larger. Note that EPC data is not available for all properties in New Milton.

18 PARK ROAD: Plot and Title Map

18 PARK ROAD sits on a plot of roughly 0.065 of an acre, or 261m². The below map shows the location of 18 PARK 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 18 PARK 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 18 PARK ROAD?

18 PARK ROAD is located in NEW MILTON, in the BH25 postcode district. The below map shows the position of No. 18 on PARK ROAD.