4, VELVET LAWN ROAD, NEW MILTON, BH25 5GE - £423,000

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.

4 VELVET LAWN ROAD is a large detached house of 132m², built sometime between 1991 and 1995, which could now be worth an estimated £640,907. It was last sold for £423,000 in March 2014, which was around 10% above the average March 2014 detached price in the New Forest local authority area. The most recent EPC inspection was September 2013, where the current energy rating was D, and the potential energy rating was B.

4 VELVET LAWN ROAD Sold Prices

Land registry data shows three sales for 4 VELVET LAWN ROAD since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the New Forest local authority area for the corresponding sale date. All of the three 4 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
2014 28 MAR	£423,000	£384,418	10% above HPI
2013 2 APR	£372,500	£370,563	1% above HPI
1995 31 AUG	£132,333	£108,952	21% above HPI

4 VELVET LAWN ROAD 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 three 4 VELVET LAWN ROAD sales between August 1995 and March 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 April 2013 sale was for 1% above the HPI. So the extrapolation line tracks at 1% above the HPI over time, until the March 2014 sale, where it rises to 10% above the HPI. The line then continues to track at 10% above the HPI.

What might 4 VELVET LAWN ROAD be worth now?

4 VELVET LAWN ROAD might now be worth an estimated £640,907.

This is based on house price inflation of 51.5%, between March 2014 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 51.5% inflationary increase is applied to the most recent sale price for 4 VELVET LAWN ROAD of £423,000 on 28th March 2014. For the value to have increased from £423,000 to £640,907 over the eleven years and one month to February 2025, the following assumptions must hold true:

• The value of 4 VELVET LAWN ROAD has moved in line with the HPI for detached houses in the New Forest local authority area.
• The March 2014 sale price of £423,000 represented a fair market value for the property.
• The size, condition, and specification of 4 VELVET LAWN ROAD has not materially changed since March 2014.

How Large is 4 VELVET LAWN ROAD?

4 VELVET LAWN ROAD is 132m² according to the EPC inspection conducted in September 2013. This puts it in the largest 30% 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 4 VELVET LAWN ROAD lies on this distribution: 72% of detached houses houses are smaller than 4 VELVET LAWN ROAD, and 27% of houses are larger. Note that EPC data is not available for all properties in New Milton.

4 VELVET LAWN ROAD: Plot and Title Map

4 VELVET LAWN ROAD sits on a plot of roughly 0.108 of an acre, or 437m². The below map shows the location of 4 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 4 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.

Where is 4 VELVET LAWN ROAD?

4 VELVET LAWN ROAD is located in NEW MILTON, in the BH25 postcode district. The below map shows the position of No. 4 on VELVET LAWN ROAD.