23, VELVET LAWN ROAD, NEW MILTON, BH25 5GE - £592,500

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

23 VELVET LAWN ROAD is a very large extended detached house of 148m², built sometime between 1991 and 1995. It was last sold for £592,500 in October 2019, which was around 24% above the average October 2019 detached price in the New Forest local authority area. The most recent EPC inspection was April 2018, where the current energy rating was C, and the potential energy rating was B.

23 VELVET LAWN ROAD Sold Prices

Land registry data shows four sales for 23 VELVET LAWN ROAD since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the New Forest local authority area for the corresponding sale date. All of the four 23 VELVET LAWN ROAD 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
2019 14 OCT	£592,500	£477,067	24% above HPI
2007 2 FEB	£430,000	£324,748	32% above HPI
1998 30 OCT	£171,000	£138,632	23% above HPI
1995 25 AUG	£149,950	£103,150	45% above HPI

23 VELVET LAWN 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 four 23 VELVET LAWN ROAD sales between August 1995 and October 2019 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 2007 sale was for 32% above the HPI. So the extrapolation line tracks at 32% above the HPI over time, until the October 2019 sale, where it falls to 24% above the HPI. The line then continues to track at 24% above the HPI.

How Large is 23 VELVET LAWN ROAD?

23 VELVET LAWN ROAD is 148m², which includes one extension, according to the EPC inspection conducted in April 2018. This puts it in the largest 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 23 VELVET LAWN ROAD lies on this distribution: 83% of detached houses are smaller than 23 VELVET LAWN ROAD, and 16% of houses are larger. Note that EPC data is not available for all properties in New Milton.

23 VELVET LAWN ROAD: Plot and Title Map

23 VELVET LAWN ROAD sits on a plot of roughly 0.195 of an acre, or 790m². The below map shows the location of 23 VELVET LAWN 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 23 VELVET LAWN 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 23 VELVET LAWN ROAD?

23 VELVET LAWN ROAD is located in NEW MILTON, in the BH25 postcode district. The below map shows the position of No. 23 on VELVET LAWN ROAD.