HOLLY COTTAGE, SMITHY LANE, NEW MILTON, BH25 5TF - £825,000

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.

HOLLY COTTAGE is a very large extended detached house of 208m², built sometime between 1996 and 2002, which could now be worth an estimated £1,253,035. It was last sold for £825,000 in February 2014, which was around 115% above the average February 2014 detached price in the New Forest local authority area. The most recent EPC inspection was September 2013, where the current energy rating was D, and the potential energy rating was D.

HOLLY COTTAGE Sold Prices

Land registry data shows two sales for HOLLY COTTAGE 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 HOLLY COTTAGE 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
2014 18 FEB	£825,000	£383,486	115% above HPI
2002 29 NOV	£570,000	£273,682	108% above HPI

HOLLY COTTAGE 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 HOLLY COTTAGE sales from November 2002 and February 2014 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 2002 sale was for 108% above the HPI. So the extrapolation line tracks at 108% above the HPI over time, until the February 2014 sale, where it rises to 115% above the HPI. The line then continues to track at 115% above the HPI.

What might HOLLY COTTAGE be worth now?

HOLLY COTTAGE might now be worth an estimated £1,253,035.

This is based on house price inflation of 51.9%, between February 2014 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 51.9% inflationary increase is applied to the most recent sale price for HOLLY COTTAGE of £825,000 on 18th February 2014. For the value to have increased from £825,000 to £1,253,035 over the eleven years to February 2025, the following assumptions must hold true:

• The value of HOLLY COTTAGE has moved in line with the HPI for detached houses in the New Forest local authority area.
• The February 2014 sale price of £825,000 represented a fair market value for the property.
• The size, condition, and specification of HOLLY COTTAGE has not materially changed since February 2014.

How Large is HOLLY COTTAGE?

HOLLY COTTAGE is 208m², which includes one extension, according to the EPC inspection conducted in September 2013. This puts it in the largest 20% of detached houses houses in Bashley, based on EPC data. The below chart shows the distribution of detached houses houses by size in Bashley, and where HOLLY COTTAGE lies on this distribution: 88% of detached houses houses are smaller than HOLLY COTTAGE, and 12% of houses are larger. Note that EPC data is not available for all properties in Bashley.

HOLLY COTTAGE: Plot and Title Map

HOLLY COTTAGE sits on a plot of roughly 0.238 of an acre, or 962m². The below map shows the location of HOLLY COTTAGE, 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 HOLLY COTTAGE). 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 HOLLY COTTAGE?

HOLLY COTTAGE is located on SMITHY LANE in NEW MILTON, in the BH25 postcode district. The below map shows the position of HOLLY COTTAGE on SMITHY LANE.