21, ELM AVENUE, NEW MILTON, BH25 6HE - £525,000

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

21 ELM AVENUE is a very small extended detached house of 80m², built sometime between 1950 and 1966. It was last sold for £525,000 in January 2022, which was around 9% below the average January 2022 detached price in the New Forest local authority area. The most recent EPC inspection was October 2021, where the current energy rating was D, and the potential energy rating was B.

21 ELM AVENUE Sold Prices

Land registry data shows two sales for 21 ELM AVENUE 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 21 ELM AVENUE 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
2022 10 JAN	£525,000	£574,390	9% below HPI
2015 29 JUN	£368,000	£396,041	7% below HPI

21 ELM AVENUE 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 21 ELM AVENUE sales from June 2015 and January 2022 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 June 2015 sale was for 7% below the HPI. So the extrapolation line tracks at 7% below the HPI over time, until the January 2022 sale, where it falls to 9% below the HPI. The line then continues to track at 9% below the HPI.

How Large is 21 ELM AVENUE?

21 ELM AVENUE is 80m², which includes one extension, according to the EPC inspection conducted in October 2021. This puts it in the smallest 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 21 ELM AVENUE lies on this distribution: 18% of detached houses are smaller than 21 ELM AVENUE, and 80% of houses are larger. Note that EPC data is not available for all properties in New Milton.

21 ELM AVENUE: Plot and Title Map

21 ELM AVENUE sits on a plot of roughly 0.136 of an acre, or 551m². The below map shows the location of 21 ELM AVENUE, 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 21 ELM AVENUE). 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 21 ELM AVENUE?

21 ELM AVENUE is located in NEW MILTON, in the BH25 postcode district. The below map shows the position of No. 21 on ELM AVENUE.