HOMESTEAD, BASHLEY CROSS ROAD, NEW MILTON, BH25 5SY - £460,000

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.

HOMESTEAD is a midsized extended detached house of 109m², built sometime before 1900, which could now be worth an estimated £744,291. It was last sold for £460,000 in May 2012, which was around 28% above the average May 2012 detached price in the New Forest local authority area. The most recent EPC inspection was October 2017, where the current energy rating was F, and the potential energy rating was E.

HOMESTEAD Sold Prices

Land registry data shows two sales for HOMESTEAD 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 HOMESTEAD 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
2012 2 MAY	£460,000	£359,976	28% above HPI
2000 31 JUL	£236,500	£189,853	25% above HPI

HOMESTEAD 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 HOMESTEAD sales from July 2000 and May 2012 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 July 2000 sale was for 25% above the HPI. So the extrapolation line tracks at 25% above the HPI over time, until the May 2012 sale, where it rises to 28% above the HPI. The line then continues to track at 28% above the HPI.

What might HOMESTEAD be worth now?

HOMESTEAD might now be worth an estimated £744,291.

This is based on house price inflation of 61.8%, between May 2012 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 61.8% inflationary increase is applied to the most recent sale price for HOMESTEAD of £460,000 on 2nd May 2012. For the value to have increased from £460,000 to £744,291 over the thirteen years and three months to February 2025, the following assumptions must hold true:

• The value of HOMESTEAD has moved in line with the HPI for detached houses in the New Forest local authority area.
• The May 2012 sale price of £460,000 represented a fair market value for the property.
• The size, condition, and specification of HOMESTEAD has not materially changed since May 2012.

How Large is HOMESTEAD?

HOMESTEAD is 109m², which includes one extension, according to the EPC inspection conducted in October 2017. This puts it in the largest 50% 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 HOMESTEAD lies on this distribution: 49% of detached houses houses are smaller than HOMESTEAD, and 49% of houses are larger. Note that EPC data is not available for all properties in New Milton.

HOMESTEAD: Plot and Title Map

HOMESTEAD sits on a plot of roughly 0.348 of an acre, or 1,408m². The below map shows the location of HOMESTEAD, 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 HOMESTEAD). 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 HOMESTEAD?

HOMESTEAD is located on BASHLEY CROSS ROAD in NEW MILTON, in the BH25 postcode district. The below map shows the position of HOMESTEAD on BASHLEY CROSS ROAD.