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
5 FOREST OAK DRIVE is a very large extended detached house of 144m², built sometime between 1996 and 2002. It was last sold for £530,000 in April 2019, which was around 12% above the average April 2019 detached price in the New Forest local authority area. The most recent EPC inspection was January 2019, where the current energy rating was C, and the potential energy rating was B.
Land registry data shows two sales for 5 FOREST OAK DRIVE 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 5 FOREST OAK DRIVE 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 |
---|---|---|---|
2019 30 APR | £530,000 | £473,585 | 12% above HPI |
1999 19 JUL | £189,950 | £147,479 | 29% 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 5 FOREST OAK DRIVE sales from July 1999 and April 2019 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 July 1999 sale was for 29% above the HPI. So the extrapolation line tracks at 29% above the HPI over time, until the April 2019 sale, where it falls to 12% above the HPI. The line then continues to track at 12% above the HPI.
5 FOREST OAK DRIVE is 144m², which includes one extension, according to the EPC inspection conducted in January 2019. This puts it in the largest 20% 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 5 FOREST OAK DRIVE lies on this distribution: 80% of detached houses are smaller than 5 FOREST OAK DRIVE, and 19% of houses are larger. Note that EPC data is not available for all properties in New Milton.
5 FOREST OAK DRIVE sits on a plot of roughly 0.241 of an acre, or 977m². The below map shows the location of 5 FOREST OAK DRIVE, 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 5 FOREST OAK DRIVE). 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.
5 FOREST OAK DRIVE is located in NEW MILTON, in the BH25 postcode district. The below map shows the position of No. 5 on FOREST OAK DRIVE.