3, THETCHERS CLOSE, NEW MILTON, BH25 5DH - £510,000

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 THETCHERS CLOSE is a very small extended detached house of 77m², built sometime between 1983 and 1990. It was last sold for £510,000 in November 2021, which was around 7% below the average November 2021 detached price in the New Forest local authority area. The most recent EPC inspection was August 2021, where the current energy rating was C, and the potential energy rating was B.

3 THETCHERS CLOSE Sold Prices

Land registry data shows two sales for 3 THETCHERS 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 THETCHERS 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
2021 19 NOV	£510,000	£548,651	7% below HPI
2004 21 SEP	£263,500	£305,225	14% below HPI

3 THETCHERS 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 THETCHERS CLOSE sales from September 2004 and November 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 September 2004 sale was for 14% below the HPI. So the extrapolation line tracks at 14% below the HPI over time, until the November 2021 sale, where it rises to 7% below the HPI. The line then continues to track at 7% below the HPI.

How Large is 3 THETCHERS CLOSE?

3 THETCHERS CLOSE is 77m², which includes one extension, according to the EPC inspection conducted in August 2021. This puts it in the smallest 20% 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 THETCHERS CLOSE lies on this distribution: 15% of detached houses are smaller than 3 THETCHERS CLOSE, and 84% of houses are larger. Note that EPC data is not available for all properties in Ashley.

3 THETCHERS CLOSE: Plot and Title Map

3 THETCHERS CLOSE sits on a plot of roughly 0.127 of an acre, or 512m². The below map shows the location of 3 THETCHERS 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 THETCHERS 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 THETCHERS CLOSE?

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