CHELWOOD, SWAY ROAD, NEW MILTON, BH25 5QT - £532,500

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

CHELWOOD is a very large detached house of 169m², built sometime between 1930 and 1949, which could now be worth an estimated £674,541. It was last sold for £532,500 in May 2016, which was around 16% above the average May 2016 detached price in the New Forest local authority area. The most recent EPC inspection was December 2013, where the current energy rating was E, and the potential energy rating was D.

CHELWOOD Sold Prices

Land registry data shows two sales for CHELWOOD 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 CHELWOOD sales were for above 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
2016 26 MAY	£532,500	£459,987	16% above HPI
1999 28 JAN	£249,000	£148,798	67% above HPI

CHELWOOD 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 CHELWOOD sales from January 1999 and May 2016 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 January 1999 sale was for 67% above the HPI. So the extrapolation line tracks at 67% above the HPI over time, until the May 2016 sale, where it falls to 16% above the HPI. The line then continues to track at 16% above the HPI.

What might CHELWOOD be worth now?

CHELWOOD might now be worth an estimated £674,541.

This is based on house price inflation of 26.7%, between May 2016 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 26.7% inflationary increase is applied to the most recent sale price for CHELWOOD of £532,500 on 26th May 2016. For the value to have increased from £532,500 to £674,541 over the seven years and five months to December 2024, the following assumptions must hold true:

• The value of CHELWOOD has moved in line with the HPI for detached houses in the New Forest local authority area.
• The May 2016 sale price of £532,500 represented a fair market value for the property.
• The size, condition, and specification of CHELWOOD has not materially changed since May 2016.

How Large is CHELWOOD?

CHELWOOD is 169m² according to the EPC inspection conducted in December 2013. This puts it in the largest 10% of detached houses houses in Ashley, based on EPC data. The below chart shows the distribution of detached houses houses by size in Ashley, and where CHELWOOD lies on this distribution: 95% of detached houses houses are smaller than CHELWOOD, and 5% of houses are larger. Note that EPC data is not available for all properties in Ashley.

CHELWOOD: Plot and Title Map

CHELWOOD sits on a plot of roughly 0.277 of an acre, or 1,119m². The below map shows the location of CHELWOOD, 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 CHELWOOD). 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 CHELWOOD?

CHELWOOD is located on SWAY ROAD in NEW MILTON, in the BH25 postcode district. The below map shows the position of CHELWOOD on SWAY ROAD.