2, GREENWOOD CLOSE, NEW MILTON, BH25 6FB - £310,000

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.

2 GREENWOOD CLOSE is a small detached house of 91m², which could now be worth an estimated £341,012. It was last sold for £310,000 in November 2020, which was around 41% below the average November 2020 detached price in the New Forest local authority area. The most recent EPC inspection was November 2017, where the current energy rating was B, and the potential energy rating was A.

2 GREENWOOD CLOSE Sold Prices

Land registry data shows two sales for 2 GREENWOOD CLOSE 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. One of the two 2 GREENWOOD CLOSE sales was for below the average price, whilst the other was 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
2020 27 NOV	£310,000	£529,482	41% below HPI
2017 25 FEB	£1,260,000	£478,601	163% above HPI

2 GREENWOOD CLOSE 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 2 GREENWOOD CLOSE sales from February 2017 and November 2020 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 February 2017 sale was for 163% above the HPI. So the extrapolation line tracks at 163% above the HPI over time, until the November 2020 sale, where it falls to 41% below the HPI. The line then continues to track at 41% below the HPI.

What might 2 GREENWOOD CLOSE be worth now?

2 GREENWOOD CLOSE might now be worth an estimated £341,012.

This is based on house price inflation of 10%, between November 2020 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 10% inflationary increase is applied to the most recent sale price for 2 GREENWOOD CLOSE of £310,000 on 27th November 2020. For the value to have increased from £310,000 to £341,012 over the five years and nine months to February 2025, the following assumptions must hold true:

• The value of 2 GREENWOOD CLOSE has moved in line with the HPI for detached houses in the New Forest local authority area.
• The November 2020 sale price of £310,000 represented a fair market value for the property.
• The size, condition, and specification of 2 GREENWOOD CLOSE has not materially changed since November 2020.

How Large is 2 GREENWOOD CLOSE?

2 GREENWOOD CLOSE is 91m² according to the EPC inspection conducted in November 2017. This puts it in the smallest 40% 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 2 GREENWOOD CLOSE lies on this distribution: 30% of detached houses houses are smaller than 2 GREENWOOD CLOSE, and 69% of houses are larger. Note that EPC data is not available for all properties in New Milton.

2 GREENWOOD CLOSE: Plot and Title Map

2 GREENWOOD CLOSE sits on a plot of roughly 0.053 of an acre, or 214m². The below map shows the location of 2 GREENWOOD CLOSE, 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 2 GREENWOOD CLOSE). 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 2 GREENWOOD CLOSE?

2 GREENWOOD CLOSE is located in NEW MILTON, in the BH25 postcode district. The below map shows the position of No. 2 on GREENWOOD CLOSE.