3, SHAVES LANE, NEW MILTON, BH25 5DJ - £392,000

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 SHAVES LANE is a small detached house of 90m², built sometime between 1967 and 1975. It was last sold for £392,000 in March 2017, which was around 14% below the average March 2017 detached price in the New Forest local authority area. The most recent EPC inspection was September 2014, where the current energy rating was E, and the potential energy rating was B.

3 SHAVES LANE Sold Prices

Land registry data shows two sales for 3 SHAVES LANE 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 SHAVES LANE 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
2017 16 MAR	£392,000	£455,304	14% below HPI
2015 18 MAR	£275,000	£390,792	30% below HPI

3 SHAVES LANE 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 SHAVES LANE sales from March 2015 and March 2017 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 March 2015 sale was for 30% below the HPI. So the extrapolation line tracks at 30% below the HPI over time, until the March 2017 sale, where it rises to 14% below the HPI. The line then continues to track at 14% below the HPI.

How Large is 3 SHAVES LANE?

3 SHAVES LANE is 90m² according to the EPC inspection conducted in September 2014. This puts it in the smallest 40% 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 SHAVES LANE lies on this distribution: 33% of detached houses are smaller than 3 SHAVES LANE, and 66% of houses are larger. Note that EPC data is not available for all properties in Ashley.

3 SHAVES LANE: Plot and Title Map

3 SHAVES LANE sits on a plot of roughly 0.098 of an acre, or 397m². The below map shows the location of 3 SHAVES LANE, 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 SHAVES LANE). 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 SHAVES LANE?

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