2, THE LAURELS, 5A, VINCENT CLOSE, NEW MILTON, BH25 6FD - £207,000

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 THE LAURELS is a very small detached house of 76m², built sometime from 2007 onwards, which could now be worth an estimated £325,261. It was last sold for £207,000 in February 2013, which was around 44% below the average February 2013 detached price in the New Forest local authority area. The most recent EPC inspection was November 2019, where the current energy rating was C, and the potential energy rating was B.

2 THE LAURELS Sold Prices

Land registry data shows two sales for 2 THE LAURELS 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 2 THE LAURELS 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
2013 28 FEB	£207,000	£370,678	44% below HPI
2010 29 JAN	£207,000	£347,743	40% below HPI

2 THE LAURELS 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 THE LAURELS sales from January 2010 and February 2013 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 2010 sale was for 40% below the HPI. So the extrapolation line tracks at 40% below the HPI over time, until the February 2013 sale, where it falls to 44% below the HPI. The line then continues to track at 44% below the HPI.

What might 2 THE LAURELS be worth now?

2 THE LAURELS might now be worth an estimated £325,261.

This is based on house price inflation of 57.1%, between February 2013 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 57.1% inflationary increase is applied to the most recent sale price for 2 THE LAURELS of £207,000 on 28th February 2013. For the value to have increased from £207,000 to £325,261 over the twelve years to February 2025, the following assumptions must hold true:

• The value of 2 THE LAURELS has moved in line with the HPI for detached houses in the New Forest local authority area.
• The February 2013 sale price of £207,000 represented a fair market value for the property.
• The size, condition, and specification of 2 THE LAURELS has not materially changed since February 2013.

How Large is 2 THE LAURELS?

2 THE LAURELS is 76m² according to the EPC inspection conducted in November 2019. This puts it in the smallest 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 THE LAURELS lies on this distribution: 14% of detached houses houses are smaller than 2 THE LAURELS, and 85% of houses are larger. Note that EPC data is not available for all properties in New Milton.

2 THE LAURELS: Plot and Title Map

2 THE LAURELS sits on a plot of roughly 0.034 of an acre, or 139m². The below map shows the location of 2 THE LAURELS, 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 THE LAURELS). 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 THE LAURELS?

2, THE LAURELS is located on VINCENT CLOSE in NEW MILTON, in the BH25 postcode district. The below map shows the position of 2, THE LAURELS on VINCENT CLOSE.