3, DERWENT ROAD, NEW MILTON, BH25 5HY - £398,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

3 DERWENT ROAD is a large extended detached house of 127m², built sometime between 1950 and 1966. It was last sold for £398,000 in September 2020, which was around 19% below the average September 2020 detached price in the New Forest local authority area. The most recent EPC inspection was March 2017, where the current energy rating was D, and the potential energy rating was C.

3 DERWENT ROAD Sold Prices

Land registry data shows four sales for 3 DERWENT 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 3 DERWENT ROAD 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
2020 11 SEP	£398,000	£491,344	19% below HPI
2005 28 JAN	£270,000	£303,213	11% below HPI
2002 10 OCT	£220,000	£253,755	13% below HPI
2000 25 FEB	£160,000	£166,249	4% below HPI

3 DERWENT 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 3 DERWENT ROAD sales between February 2000 and September 2020 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 2005 sale was for 11% below the HPI. So the extrapolation line tracks at 11% below the HPI over time, until the September 2020 sale, where it falls to 19% below the HPI. The line then continues to track at 19% below the HPI.

How Large is 3 DERWENT ROAD?

3 DERWENT ROAD is 127m², which includes four extensions, according to the EPC inspection conducted in March 2017. This puts it in the largest 30% of detached houses in Ashley, based on EPC data. The below chart shows the distribution of detached houses by size in Ashley, and where 3 DERWENT ROAD lies on this distribution: 73% of detached houses are smaller than 3 DERWENT ROAD, and 27% of houses are larger. Note that EPC data is not available for all properties in Ashley.

3 DERWENT ROAD: Plot and Title Map

3 DERWENT ROAD sits on a plot of roughly 0.111 of an acre, or 447m². The below map shows the location of 3 DERWENT 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 3 DERWENT 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 3 DERWENT ROAD?

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