5, GAINSBOROUGH AVENUE, NEW MILTON, BH25 5HT - £501,000

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.

5 GAINSBOROUGH AVENUE is a small extended detached house of 96m², built sometime between 1950 and 1966, which could now be worth an estimated £503,543. It was last sold for £501,000 in November 2021, which was around 14% below the average November 2021 detached price in the New Forest local authority area. The most recent EPC inspection was July 2021, where the current energy rating was D, and the potential energy rating was C.

5 GAINSBOROUGH AVENUE Sold Prices

Land registry data shows three sales for 5 GAINSBOROUGH AVENUE 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 5 GAINSBOROUGH AVENUE 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 2 NOV	£501,000	£579,509	14% below HPI
2010 9 DEC	£295,000	£358,443	18% below HPI
2000 8 SEP	£172,000	£198,260	13% below HPI

5 GAINSBOROUGH AVENUE 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 5 GAINSBOROUGH AVENUE sales between September 2000 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 December 2010 sale was for 18% below the HPI. So the extrapolation line tracks at 18% below the HPI over time, until the November 2021 sale, where it rises to 14% below the HPI. The line then continues to track at 14% below the HPI.

What might 5 GAINSBOROUGH AVENUE be worth now?

5 GAINSBOROUGH AVENUE might now be worth an estimated £503,543.

This is based on house price inflation of 0.5%, between November 2021 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 0.5% inflationary increase is applied to the most recent sale price for 5 GAINSBOROUGH AVENUE of £501,000 on 2nd November 2021. For the value to have increased from £501,000 to £503,543 over the four years and nine months to February 2025, the following assumptions must hold true:

• The value of 5 GAINSBOROUGH AVENUE has moved in line with the HPI for detached houses in the New Forest local authority area.
• The November 2021 sale price of £501,000 represented a fair market value for the property.
• The size, condition, and specification of 5 GAINSBOROUGH AVENUE has not materially changed since November 2021.

How Large is 5 GAINSBOROUGH AVENUE?

5 GAINSBOROUGH AVENUE is 96m², which includes one extension, according to the EPC inspection conducted in July 2021. This puts it in the smallest 40% 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 5 GAINSBOROUGH AVENUE lies on this distribution: 35% of detached houses houses are smaller than 5 GAINSBOROUGH AVENUE, and 65% of houses are larger. Note that EPC data is not available for all properties in New Milton.

5 GAINSBOROUGH AVENUE: Plot and Title Map

5 GAINSBOROUGH AVENUE sits on a plot of roughly 0.163 of an acre, or 658m². The below map shows the location of 5 GAINSBOROUGH AVENUE, 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 GAINSBOROUGH AVENUE). 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 5 GAINSBOROUGH AVENUE?

5 GAINSBOROUGH AVENUE is located in NEW MILTON, in the BH25 postcode district. The below map shows the position of No. 5 on GAINSBOROUGH AVENUE.