PADDOCK GATE, NEW LANE, NEW MILTON, BH25 5TD - £590,000

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

PADDOCK GATE is a large detached house of 160m², built sometime between 1950 and 1966. It was last sold for £590,000 in March 2009, which was around 98% above the average March 2009 detached price in the New Forest local authority area. The most recent EPC inspection was February 2009, where the current energy rating was D, and the potential energy rating was D.

PADDOCK GATE Sold Prices

Land registry data shows four sales for PADDOCK GATE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the New Forest local authority area for the corresponding sale date. All of the four PADDOCK GATE 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
2009 12 MAR	£590,000	£298,139	98% above HPI
2003 1 AUG	£498,000	£276,874	80% above HPI
1998 21 AUG	£235,000	£134,606	75% above HPI
1996 4 NOV	£182,500	£108,543	68% above HPI

PADDOCK GATE 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 four PADDOCK GATE sales between November 1996 and March 2009 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 August 2003 sale was for 80% above the HPI. So the extrapolation line tracks at 80% above the HPI over time, until the March 2009 sale, where it rises to 98% above the HPI. The line then continues to track at 98% above the HPI.

How Large is PADDOCK GATE?

PADDOCK GATE is 160m² according to the EPC inspection conducted in February 2009. This puts it in the largest 40% of detached houses in Bashley, based on EPC data. The below chart shows the distribution of detached houses by size in Bashley, and where PADDOCK GATE lies on this distribution: 61% of detached houses are smaller than PADDOCK GATE, and 39% of houses are larger. Note that EPC data is not available for all properties in Bashley.

PADDOCK GATE: Plot and Title Map

PADDOCK GATE sits on a plot of roughly 0.554 of an acre, or 2,241m². The below map shows the location of PADDOCK GATE, 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 PADDOCK GATE). 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 PADDOCK GATE?

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