LEAP HOUSE, HARE LANE, NEW MILTON, BH25 5AF - £520,000

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

LEAP HOUSE is a very large extended detached house of 137m², built sometime between 1983 and 1990. It was last sold for £520,000 in April 2021, which was around 3% above the average April 2021 detached price in the New Forest local authority area. The most recent EPC inspection was January 2020, where the current energy rating was D, and the potential energy rating was C.

LEAP HOUSE Sold Prices

Land registry data shows two sales for LEAP HOUSE 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 LEAP HOUSE 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
2021 8 APR	£520,000	£503,017	3% above HPI
2001 14 JUN	£225,000	£199,785	13% above HPI

LEAP HOUSE 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 LEAP HOUSE sales from June 2001 and April 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 June 2001 sale was for 13% above the HPI. So the extrapolation line tracks at 13% above the HPI over time, until the April 2021 sale, where it falls to 3% above the HPI. The line then continues to track at 3% above the HPI.

How Large is LEAP HOUSE?

LEAP HOUSE is 137m², which includes two extensions, according to the EPC inspection conducted in January 2020. This puts it in the largest 20% of detached houses in Ashley, based on EPC data. The below chart shows the distribution of detached houses by size in Ashley, and where LEAP HOUSE lies on this distribution: 81% of detached houses are smaller than LEAP HOUSE, and 18% of houses are larger. Note that EPC data is not available for all properties in Ashley.

LEAP HOUSE: Plot and Title Map

LEAP HOUSE sits on a plot of roughly 0.076 of an acre, or 306m². The below map shows the location of LEAP HOUSE, 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 LEAP HOUSE). 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 LEAP HOUSE?

LEAP HOUSE is located on HARE LANE in NEW MILTON, in the BH25 postcode district. The below map shows the position of LEAP HOUSE on HARE LANE.