2, LARKSHILL CLOSE, NEW MILTON, BH25 5RN - £387,500

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 LARKSHILL CLOSE is a very large extended detached house of 147m², built sometime between 1991 and 1995, which could now be worth an estimated £626,217. It was last sold for £387,500 in February 2011, which was around 8% above the average February 2011 detached price in the New Forest local authority area. The most recent EPC inspection was August 2009, where the current energy rating was D, and the potential energy rating was C.

2 LARKSHILL CLOSE Sold Prices

Land registry data shows three sales for 2 LARKSHILL CLOSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the New Forest local authority area for the corresponding sale date. All of the three 2 LARKSHILL CLOSE 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
2011 24 FEB	£387,500	£360,417	8% above HPI
1999 26 JAN	£186,000	£148,798	25% above HPI
1996 2 SEP	£169,000	£110,771	53% above HPI

2 LARKSHILL 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 three 2 LARKSHILL CLOSE sales between September 1996 and February 2011 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 January 1999 sale was for 25% above the HPI. So the extrapolation line tracks at 25% above the HPI over time, until the February 2011 sale, where it falls to 8% above the HPI. The line then continues to track at 8% above the HPI.

What might 2 LARKSHILL CLOSE be worth now?

2 LARKSHILL CLOSE might now be worth an estimated £626,217.

This is based on house price inflation of 61.6%, between February 2011 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 61.6% inflationary increase is applied to the most recent sale price for 2 LARKSHILL CLOSE of £387,500 on 24th February 2011. For the value to have increased from £387,500 to £626,217 over the fourteen years to February 2025, the following assumptions must hold true:

• The value of 2 LARKSHILL CLOSE has moved in line with the HPI for detached houses in the New Forest local authority area.
• The February 2011 sale price of £387,500 represented a fair market value for the property.
• The size, condition, and specification of 2 LARKSHILL CLOSE has not materially changed since February 2011.

How Large is 2 LARKSHILL CLOSE?

2 LARKSHILL CLOSE is 147m², which includes one extension, according to the EPC inspection conducted in August 2009. 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 2 LARKSHILL CLOSE lies on this distribution: 83% of detached houses houses are smaller than 2 LARKSHILL CLOSE, and 17% of houses are larger. Note that EPC data is not available for all properties in New Milton.

2 LARKSHILL CLOSE: Plot and Title Map

2 LARKSHILL CLOSE sits on a plot of roughly 0.108 of an acre, or 439m². The below map shows the location of 2 LARKSHILL 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 LARKSHILL 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 LARKSHILL CLOSE?

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