5, MILNE CLOSE, DIBDEN PURLIEU, SOUTHAMPTON, SO45 5WS - £247,500

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

5 MILNE CLOSE is a midsized extended detached house of 110m², built sometime between 1983 and 1990. It was last sold for £247,500 in July 2009, which was around 24% below the average July 2009 detached price in the New Forest local authority area. The most recent EPC inspection was June 2019, where the current energy rating was C, and the potential energy rating was B.

5 MILNE CLOSE Sold Prices

Land registry data shows two sales for 5 MILNE CLOSE since 1^st 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 MILNE CLOSE 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
2009 31 JUL	£247,500	£327,450	24% below HPI
2003 7 MAR	£240,000	£294,888	19% below HPI

5 MILNE CLOSE 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 two 5 MILNE CLOSE sales from March 2003 and July 2009 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 March 2003 sale was for 19% below the HPI. So the extrapolation line tracks at 19% below the HPI over time, until the July 2009 sale, where it falls to 24% below the HPI. The line then continues to track at 24% below the HPI.

What might 5 MILNE CLOSE be worth now?

5 MILNE CLOSE might now be worth an estimated £440,418.

This is based on house price inflation of 77.9%, between July 2009 and December 2024, 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 77.9% inflationary increase is applied to the most recent sale price for 5 MILNE CLOSE of £247,500 on 31st July 2009. For the value to have increased from £247,500 to £440,418 over the fourteen years and seven months to December 2024, the following assumptions must hold true:

• The value of 5 MILNE CLOSE has moved in line with the HPI for detached houses in the New Forest local authority area.
• The July 2009 sale price of £247,500 represented a fair market value for the property.
• The size, condition, and specification of 5 MILNE CLOSE has not materially changed since July 2009.

How Large is 5 MILNE CLOSE?

5 MILNE CLOSE is 110m², which includes two extensions, according to the EPC inspection conducted in June 2019. This puts it in the smallest 50% of detached houses houses in Dibden Purlieu, based on EPC data. The below chart shows the distribution of detached houses houses by size in Dibden Purlieu, and where 5 MILNE CLOSE lies on this distribution: 41% of detached houses houses are smaller than 5 MILNE CLOSE, and 57% of houses are larger. Note that EPC data is not available for all properties in Dibden Purlieu.

5 MILNE CLOSE: Plot and Title Map

5 MILNE CLOSE sits on a plot of roughly 0.067 of an acre, or 272m². The below map shows the location of 5 MILNE CLOSE, 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 MILNE CLOSE). 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 MILNE CLOSE?

5 MILNE CLOSE is located in DIBDEN PURLIEU, in the SO45 postcode district. The below map shows the position of No. 5 on MILNE CLOSE.