LITCHFIELD, BASHLEY ROAD, NEW MILTON, BH25 5RX - £650,000

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.

LITCHFIELD is a midsized detached house of 140m², which could now be worth an estimated £755,337. It was last sold for £650,000 in August 2019, which was around 30% above the average August 2019 detached price in the New Forest local authority area. The most recent EPC inspection was November 2017, where the current energy rating was B, and the potential energy rating was B.

LITCHFIELD Sold Prices

Land registry data shows two sales for LITCHFIELD 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. One of the two LITCHFIELD sales was for above the average price, whilst the other was 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
2019 7 AUG	£650,000	£501,223	30% above HPI
2014 1 MAY	£292,000	£388,103	25% below HPI

LITCHFIELD 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 LITCHFIELD sales from May 2014 and August 2019 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 May 2014 sale was for 25% below the HPI. So the extrapolation line tracks at 25% below the HPI over time, until the August 2019 sale, where it rises to 30% above the HPI. The line then continues to track at 30% above the HPI.

What might LITCHFIELD be worth now?

LITCHFIELD might now be worth an estimated £755,337.

This is based on house price inflation of 16.2%, between August 2019 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 16.2% inflationary increase is applied to the most recent sale price for LITCHFIELD of £650,000 on 7th August 2019. For the value to have increased from £650,000 to £755,337 over the six years and six months to February 2025, the following assumptions must hold true:

• The value of LITCHFIELD has moved in line with the HPI for detached houses in the New Forest local authority area.
• The August 2019 sale price of £650,000 represented a fair market value for the property.
• The size, condition, and specification of LITCHFIELD has not materially changed since August 2019.

How Large is LITCHFIELD?

LITCHFIELD is 140m² according to the EPC inspection conducted in November 2017. This puts it in the largest 50% 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 LITCHFIELD lies on this distribution: 50% of detached houses houses are smaller than LITCHFIELD, and 47% of houses are larger. Note that EPC data is not available for all properties in Bashley.

LITCHFIELD: Plot and Title Map

LITCHFIELD sits on a plot of roughly 0.453 of an acre, or 1,834m². The below map shows the location of LITCHFIELD, 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 LITCHFIELD). 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 LITCHFIELD?

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