3, ASH TREE CLOSE, NEW MILTON, BH25 5QE - £284,500

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

3 ASH TREE CLOSE is a very small detached house of 77m², built sometime between 1950 and 1966, which could now be worth an estimated £391,449. It was last sold for £284,500 in July 2015, which was around 33% below the average July 2015 detached price in the New Forest local authority area. The most recent EPC inspection was January 2015, where the current energy rating was D, and the potential energy rating was C.

3 ASH TREE CLOSE Sold Prices

Land registry data shows two sales for 3 ASH TREE 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. Both of the two 3 ASH TREE CLOSE 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
2015 17 JUL	£284,500	£423,489	33% below HPI
2007 6 JUN	£247,000	£360,109	31% below HPI

3 ASH TREE 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 3 ASH TREE CLOSE sales from June 2007 and July 2015 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 2007 sale was for 31% below the HPI. So the extrapolation line tracks at 31% below the HPI over time, until the July 2015 sale, where it falls to 33% below the HPI. The line then continues to track at 33% below the HPI.

What might 3 ASH TREE CLOSE be worth now?

3 ASH TREE CLOSE might now be worth an estimated £391,449.

This is based on house price inflation of 37.6%, between July 2015 and December 2024, 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 37.6% inflationary increase is applied to the most recent sale price for 3 ASH TREE CLOSE of £284,500 on 17th July 2015. For the value to have increased from £284,500 to £391,449 over the eight years and seven months to December 2024, the following assumptions must hold true:

• The value of 3 ASH TREE CLOSE has moved in line with the HPI for detached houses in the New Forest local authority area.
• The July 2015 sale price of £284,500 represented a fair market value for the property.
• The size, condition, and specification of 3 ASH TREE CLOSE has not materially changed since July 2015.

How Large is 3 ASH TREE CLOSE?

3 ASH TREE CLOSE is 77m² according to the EPC inspection conducted in January 2015. This puts it in the smallest 20% of detached houses houses in Ashley, based on EPC data. The below chart shows the distribution of detached houses houses by size in Ashley, and where 3 ASH TREE CLOSE lies on this distribution: 15% of detached houses houses are smaller than 3 ASH TREE CLOSE, and 84% of houses are larger. Note that EPC data is not available for all properties in Ashley.

3 ASH TREE CLOSE: Plot and Title Map

3 ASH TREE CLOSE sits on a plot of roughly 0.107 of an acre, or 434m². The below map shows the location of 3 ASH TREE 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 3 ASH TREE 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 3 ASH TREE CLOSE?

3 ASH TREE CLOSE is located in NEW MILTON, in the BH25 postcode district. The below map shows the position of No. 3 on ASH TREE CLOSE.