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
7 MELROSE COURT is a small detached house of 84m², built sometime between 1967 and 1975. It was last sold for £318,000 in June 2021, which was around 38% below the average June 2021 detached price in the New Forest local authority area. The most recent EPC inspection was April 2021, where the current energy rating was C, and the potential energy rating was B.
Land registry data shows four sales for 7 MELROSE COURT since 1st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the New Forest local authority area for the corresponding sale date. All of the four 7 MELROSE COURT 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 29 JUN | £318,000 | £516,296 | 38% below HPI |
1999 29 NOV | £87,000 | £155,145 | 44% below HPI |
1997 11 APR | £65,000 | £111,106 | 41% below HPI |
1996 4 APR | £58,000 | £101,447 | 43% 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 four 7 MELROSE COURT sales between April 1996 and June 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 November 1999 sale was for 44% below the HPI. So the extrapolation line tracks at 44% below the HPI over time, until the June 2021 sale, where it rises to 38% below the HPI. The line then continues to track at 38% below the HPI.
7 MELROSE COURT is 84m² according to the EPC inspection conducted in April 2021. This puts it in the smallest 30% of detached houses in Ashley, based on EPC data. The below chart shows the distribution of detached houses by size in Ashley, and where 7 MELROSE COURT lies on this distribution: 24% of detached houses are smaller than 7 MELROSE COURT, and 75% of houses are larger. Note that EPC data is not available for all properties in Ashley.
7 MELROSE COURT sits on a plot of roughly 0.038 of an acre, or 152m². The below map shows the location of 7 MELROSE COURT, 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 MELROSE COURT). 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.
7 MELROSE COURT is located in NEW MILTON, in the BH25 postcode district. The below map shows the position of No. 7 on MELROSE COURT.