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 FERNGLADE is a small extended detached house of 96m², built sometime between 1983 and 1990. It was last sold for £335,000 in June 2021, which was around 35% below the average June 2021 detached price in the New Forest local authority area. The most recent EPC inspection was January 2017, where the current energy rating was D, and the potential energy rating was B.
Land registry data shows three sales for 3 FERNGLADE since 1st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the New Forest local authority area for the corresponding sale date. All of the three 3 FERNGLADE 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 |
---|---|---|---|
2021 25 JUN | £335,000 | £516,296 | 35% below HPI |
2017 24 AUG | £310,000 | £474,744 | 35% below HPI |
1996 6 DEC | £84,000 | £108,793 | 23% below HPI |
The below graph shows the average detached house price in the New Forest local authority area over time, sourced from the HPI. The three 3 FERNGLADE sales between December 1996 and June 2021 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 August 2017 sale was for 35% below the HPI. So the extrapolation line tracks at 35% below the HPI over time, until the June 2021 sale, which was also at 35% below the HPI.
3 FERNGLADE is 96m², which includes two extensions, according to the EPC inspection conducted in January 2017. This puts it in the smallest 40% 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 3 FERNGLADE lies on this distribution: 35% of detached houses are smaller than 3 FERNGLADE, and 64% of houses are larger. Note that EPC data is not available for all properties in New Milton.
3 FERNGLADE sits on a plot of roughly 0.068 of an acre, or 276m². The below map shows the location of 3 FERNGLADE, 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 FERNGLADE). 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.
3 FERNGLADE is located in NEW MILTON, in the BH25 postcode district. The below map shows the position of No. 3 on FERNGLADE.