Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources
39 VELVET LAWN ROAD is a large detached house of 135m², built sometime between 1991 and 1995. It was last sold for £385,000 in June 2012, which was around 14% above the average June 2012 detached price in the New Forest local authority area. The most recent EPC inspection was February 2012, where the current energy rating was D, and the potential energy rating was C.
Land registry data shows two sales for 39 VELVET LAWN ROAD since 1st 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 39 VELVET LAWN ROAD 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 |
---|---|---|---|
2012 29 JUN | £385,000 | £337,505 | 14% above HPI |
1996 26 JAN | £124,500 | £99,874 | 25% above HPI |
The below graph shows the average detached house price in the New Forest local authority area over time, sourced from the HPI. The two 39 VELVET LAWN ROAD sales from January 1996 and June 2012 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 January 1996 sale was for 25% above the HPI. So the extrapolation line tracks at 25% above the HPI over time, until the June 2012 sale, where it falls to 14% above the HPI. The line then continues to track at 14% above the HPI.
39 VELVET LAWN ROAD is 135m² according to the EPC inspection conducted in February 2012. This puts it in the largest 30% 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 39 VELVET LAWN ROAD lies on this distribution: 75% of detached houses are smaller than 39 VELVET LAWN ROAD, and 25% of houses are larger. Note that EPC data is not available for all properties in New Milton.
39 VELVET LAWN ROAD sits on a plot of roughly 0.180 of an acre, or 727m². The below map shows the location of 39 VELVET LAWN ROAD, 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 39 VELVET LAWN ROAD). 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.
39 VELVET LAWN ROAD is located in NEW MILTON, in the BH25 postcode district. The below map shows the position of No. 39 on VELVET LAWN ROAD.