3, MARLEY CLOSE, NEW MILTON, BH25 5LL - £400,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

3 MARLEY CLOSE is a midsized extended detached house of 109m², built sometime between 1930 and 1949, which could now be worth an estimated £454,918. It was last sold for £400,000 in October 2018, which was around 22% below the average October 2018 detached price in the New Forest local authority area. The most recent EPC inspection was February 2016, where the current energy rating was D, and the potential energy rating was B.

3 MARLEY CLOSE Sold Prices

Land registry data shows two sales for 3 MARLEY 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 MARLEY 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
2018 1 OCT	£400,000	£512,136	22% below HPI
1999 16 DEC	£120,500	£166,046	27% below HPI

3 MARLEY 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 MARLEY CLOSE sales from December 1999 and October 2018 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 December 1999 sale was for 27% below the HPI. So the extrapolation line tracks at 27% below the HPI over time, until the October 2018 sale, where it rises to 22% below the HPI. The line then continues to track at 22% below the HPI.

What might 3 MARLEY CLOSE be worth now?

3 MARLEY CLOSE might now be worth an estimated £454,918.

This is based on house price inflation of 13.7%, between October 2018 and February 2025, 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 13.7% inflationary increase is applied to the most recent sale price for 3 MARLEY CLOSE of £400,000 on 1st October 2018. For the value to have increased from £400,000 to £454,918 over the seven years and eight months to February 2025, the following assumptions must hold true:

• The value of 3 MARLEY CLOSE has moved in line with the HPI for detached houses in the New Forest local authority area.
• The October 2018 sale price of £400,000 represented a fair market value for the property.
• The size, condition, and specification of 3 MARLEY CLOSE has not materially changed since October 2018.

How Large is 3 MARLEY CLOSE?

3 MARLEY CLOSE is 109m², which includes one extension, according to the EPC inspection conducted in February 2016. This puts it in the largest 50% of detached houses houses in New Milton, based on EPC data. The below chart shows the distribution of detached houses houses by size in New Milton, and where 3 MARLEY CLOSE lies on this distribution: 49% of detached houses houses are smaller than 3 MARLEY CLOSE, and 49% of houses are larger. Note that EPC data is not available for all properties in New Milton.

3 MARLEY CLOSE: Plot and Title Map

3 MARLEY CLOSE sits on a plot of roughly 0.078 of an acre, or 315m². The below map shows the location of 3 MARLEY 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 MARLEY 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 MARLEY CLOSE?

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