3, HERMITAGE CLOSE, NEW MILTON, BH25 5AB - £675,000

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 HERMITAGE CLOSE is a very large extended detached house of 217m², built sometime between 2003 and 2006, which could now be worth an estimated £989,576. It was last sold for £675,000 in July 2014, which was around 70% above the average July 2014 detached price in the New Forest local authority area. The most recent EPC inspection was August 2024, where the current energy rating was C, and the potential energy rating was B.

3 HERMITAGE CLOSE Sold Prices

Land registry data shows two sales for 3 HERMITAGE 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 HERMITAGE CLOSE 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
2014 30 JUL	£675,000	£397,456	70% above HPI
2007 15 NOV	£575,000	£378,910	52% above HPI

3 HERMITAGE 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 HERMITAGE CLOSE sales from November 2007 and July 2014 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 November 2007 sale was for 52% above the HPI. So the extrapolation line tracks at 52% above the HPI over time, until the July 2014 sale, where it rises to 70% above the HPI. The line then continues to track at 70% above the HPI.

What might 3 HERMITAGE CLOSE be worth now?

3 HERMITAGE CLOSE might now be worth an estimated £989,576.

This is based on house price inflation of 46.6%, between July 2014 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 46.6% inflationary increase is applied to the most recent sale price for 3 HERMITAGE CLOSE of £675,000 on 30th July 2014. For the value to have increased from £675,000 to £989,576 over the nine years and seven months to December 2024, the following assumptions must hold true:

• The value of 3 HERMITAGE CLOSE has moved in line with the HPI for detached houses in the New Forest local authority area.
• The July 2014 sale price of £675,000 represented a fair market value for the property.
• The size, condition, and specification of 3 HERMITAGE CLOSE has not materially changed since July 2014.

How Large is 3 HERMITAGE CLOSE?

3 HERMITAGE CLOSE is 217m², which includes one extension, according to the EPC inspection conducted in August 2024. This puts it in the largest 10% 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 HERMITAGE CLOSE lies on this distribution: 98% of detached houses houses are smaller than 3 HERMITAGE CLOSE, and 2% of houses are larger. Note that EPC data is not available for all properties in Ashley.

3 HERMITAGE CLOSE: Plot and Title Map

3 HERMITAGE CLOSE sits on a plot of roughly 0.315 of an acre, or 1,276m². The below map shows the location of 3 HERMITAGE 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 HERMITAGE 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 HERMITAGE CLOSE?

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