Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources
54 GORE ROAD is a midsized extended detached house of 112m², built sometime between 1930 and 1949. It was last sold for £366,000 in October 2019, which was around 23% below the average October 2019 detached price in the New Forest local authority area. The most recent EPC inspection was March 2010, where the current energy rating was D, and the potential energy rating was C.
Land registry data shows three sales for 54 GORE ROAD since 1st 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 54 GORE 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 |
---|---|---|---|
2019 29 OCT | £366,000 | £477,067 | 23% below HPI |
2015 12 FEB | £365,000 | £392,320 | 7% below HPI |
2012 15 MAY | £230,000 | £340,808 | 33% below HPI |
The below graph shows the average detached house price in the New Forest local authority area over time, sourced from the HPI. The three 54 GORE ROAD sales between May 2012 and October 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 February 2015 sale was for 7% below the HPI. So the extrapolation line tracks at 7% below the HPI over time, until the October 2019 sale, where it falls to 23% below the HPI. The line then continues to track at 23% below the HPI.
54 GORE ROAD is 112m², which includes one extension, according to the EPC inspection conducted in March 2010. 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 54 GORE ROAD lies on this distribution: 53% of detached houses are smaller than 54 GORE ROAD, and 47% of houses are larger. Note that EPC data is not available for all properties in New Milton.
54 GORE ROAD sits on a plot of roughly 0.099 of an acre, or 401m². The below map shows the location of 54 GORE 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 54 GORE 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.
54 GORE ROAD is located in NEW MILTON, in the BH25 postcode district. The below map shows the position of No. 54 on GORE ROAD.