40, ALBERT ROAD, NEW MILTON, BH25 6SP - £266,000

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

40 ALBERT ROAD is a midsized extended detached house of 112m², built sometime between 1950 and 1966. It was last sold for £266,000 in August 2011, which was around 25% below the average August 2011 detached price in the New Forest local authority area. The most recent EPC inspection was September 2022, where the current energy rating was D, and the potential energy rating was C.

40 ALBERT ROAD Sold Prices

Land registry data shows three sales for 40 ALBERT 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 40 ALBERT ROAD 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
2011 16 AUG	£266,000	£354,455	25% below HPI
2005 9 DEC	£250,000	£299,393	16% below HPI
1998 1 DEC	£124,000	£139,262	11% below HPI

40 ALBERT 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 40 ALBERT ROAD sales between December 1998 and August 2011 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 2005 sale was for 16% below the HPI. So the extrapolation line tracks at 16% below the HPI over time, until the August 2011 sale, where it falls to 25% below the HPI. The line then continues to track at 25% below the HPI.

How Large is 40 ALBERT ROAD?

40 ALBERT ROAD is 112m², which includes three extensions, according to the EPC inspection conducted in September 2022. This puts it in the largest 50% 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 40 ALBERT ROAD lies on this distribution: 53% of detached houses are smaller than 40 ALBERT ROAD, and 46% of houses are larger. Note that EPC data is not available for all properties in New Milton.

40 ALBERT ROAD: Plot and Title Map

40 ALBERT ROAD sits on a plot of roughly 0.105 of an acre, or 425m². The below map shows the location of 40 ALBERT 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 40 ALBERT 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 40 ALBERT ROAD?

40 ALBERT ROAD is located in NEW MILTON, in the BH25 postcode district. The below map shows the position of No. 40 on ALBERT ROAD.