7, ELM AVENUE, NEW MILTON, BH25 6HE - £117,500

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.

7 ELM AVENUE is a very small detached house of 74m², built sometime between 2003 and 2006, which could now be worth an estimated £501,454. It was last sold for £117,500 in March 1998, which was around 14% below the average March 1998 detached price in the New Forest local authority area. The most recent EPC inspection was December 2020, where the current energy rating was C, and the potential energy rating was B.

7 ELM AVENUE Sold Prices

Land registry data shows two sales for 7 ELM AVENUE 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 7 ELM 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
1998 31 MAR	£117,500	£136,479	14% below HPI
1997 7 OCT	£110,000	£136,127	19% below HPI

7 ELM 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 two 7 ELM AVENUE sales from October 1997 and March 1998 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 October 1997 sale was for 19% below the HPI. So the extrapolation line tracks at 19% below the HPI over time, until the March 1998 sale, where it rises to 14% below the HPI. The line then continues to track at 14% below the HPI.

What might 7 ELM AVENUE be worth now?

7 ELM AVENUE might now be worth an estimated £501,454.

This is based on house price inflation of 326.8%, between March 1998 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 326.8% inflationary increase is applied to the most recent sale price for 7 ELM AVENUE of £117,500 on 31st March 1998. For the value to have increased from £117,500 to £501,454 over the 27 years and one month to February 2025, the following assumptions must hold true:

• The value of 7 ELM AVENUE has moved in line with the HPI for detached houses in the New Forest local authority area.
• The March 1998 sale price of £117,500 represented a fair market value for the property.
• The size, condition, and specification of 7 ELM AVENUE has not materially changed since March 1998.

How Large is 7 ELM AVENUE?

7 ELM AVENUE is 74m² according to the EPC inspection conducted in December 2020. This puts it in the smallest 20% 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 7 ELM AVENUE lies on this distribution: 12% of detached houses houses are smaller than 7 ELM AVENUE, and 87% of houses are larger. Note that EPC data is not available for all properties in New Milton.

7 ELM AVENUE: Plot and Title Map

7 ELM AVENUE sits on a plot of roughly 0.338 of an acre, or 1,367m². The below map shows the location of 7 ELM 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 7 ELM 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 7 ELM AVENUE?

7 ELM AVENUE is located in NEW MILTON, in the BH25 postcode district. The below map shows the position of No. 7 on ELM AVENUE.