OBAN, ASHLEY LANE, NEW MILTON, BH25 5AQ - £244,000

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

OBAN is a very large extended detached house of 155m², built sometime between 1950 and 1966. It was last sold for £244,000 in October 2004, which was around 20% below the average October 2004 detached price in the New Forest local authority area. The most recent EPC inspection was April 2023, where the current energy rating was C, and the potential energy rating was B.

OBAN Sold Prices

Land registry data shows two sales for OBAN 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 OBAN sales were 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
2004 28 OCT	£244,000	£305,714	20% below HPI
1999 25 OCT	£100,000	£155,627	36% below HPI

OBAN 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 OBAN sales from October 1999 and October 2004 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 October 1999 sale was for 36% below the HPI. So the extrapolation line tracks at 36% below the HPI over time, until the October 2004 sale, where it rises to 20% below the HPI. The line then continues to track at 20% below the HPI.

How Large is OBAN?

OBAN is 155m², which includes one extension, according to the EPC inspection conducted in April 2023. This puts it in the largest 10% of detached houses in Ashley, based on EPC data. The below chart shows the distribution of detached houses by size in Ashley, and where OBAN lies on this distribution: 90% of detached houses are smaller than OBAN, and 9% of houses are larger. Note that EPC data is not available for all properties in Ashley.

OBAN: Plot and Title Map

OBAN sits on a plot of roughly 0.118 of an acre, or 477m². The below map shows the location of OBAN, 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 OBAN). 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 OBAN?

OBAN is located on ASHLEY LANE in NEW MILTON, in the BH25 postcode district. The below map shows the position of OBAN on ASHLEY LANE.