OAKMEAD, BASHLEY CROSS ROAD, NEW MILTON, BH25 5SY - £1,100,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

OAKMEAD is a very large extended detached house of 179m², built sometime between 1976 and 1982. It was last sold for £1,100,000 in June 2017, which was around 137% above the average June 2017 detached price in the New Forest local authority area. The most recent EPC inspection was November 2021, where the current energy rating was D, and the potential energy rating was B.

OAKMEAD Sold Prices

Land registry data shows two sales for OAKMEAD 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 OAKMEAD 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
2017 8 JUN	£1,100,000	£464,740	137% above HPI
2006 12 JAN	£705,000	£304,418	132% above HPI

OAKMEAD 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 OAKMEAD sales from January 2006 and June 2017 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 2006 sale was for 132% above the HPI. So the extrapolation line tracks at 132% above the HPI over time, until the June 2017 sale, where it rises to 137% above the HPI. The line then continues to track at 137% above the HPI.

How Large is OAKMEAD?

OAKMEAD is 179m², which includes one extension, according to the EPC inspection conducted in November 2021. This puts it in the largest 10% of detached houses in New Milton, based on EPC data. The below chart shows the distribution of detached houses by size in New Milton, and where OAKMEAD lies on this distribution: 93% of detached houses are smaller than OAKMEAD, and 7% of houses are larger. Note that EPC data is not available for all properties in New Milton.

OAKMEAD: Plot and Title Map

OAKMEAD sits on a plot of roughly 4.0 acres, or 16,009m². The below map shows the location of OAKMEAD, 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 OAKMEAD). 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 OAKMEAD?

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