ROWAN COTTAGE, ASHLEY LANE, NEW MILTON, BH25 5AH - £400,000

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

ROWAN COTTAGE is a very small detached house of 62m², built in 2022. It was last sold for £400,000 in July 2022, which was around 32% below the average July 2022 detached price in the New Forest local authority area. The most recent EPC inspection was December 2021, where the current energy rating was B, and the potential energy rating was A.

ROWAN COTTAGE Sold Prices

Land registry data shows two sales for ROWAN COTTAGE 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 ROWAN COTTAGE 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
2022 14 JUL	£400,000	£589,252	32% below HPI
2021 19 NOV	£112,850	£548,651	79% below HPI

ROWAN COTTAGE 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 ROWAN COTTAGE sales from November 2021 and July 2022 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 November 2021 sale was for 79% below the HPI. So the extrapolation line tracks at 79% below the HPI over time, until the July 2022 sale, where it rises to 32% below the HPI. The line then continues to track at 32% below the HPI.

How Large is ROWAN COTTAGE?

ROWAN COTTAGE is 62m² according to the EPC inspection conducted in December 2021. This puts it in the smallest 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 ROWAN COTTAGE lies on this distribution: 2% of detached houses are smaller than ROWAN COTTAGE, and 97% of houses are larger. Note that EPC data is not available for all properties in Ashley.

ROWAN COTTAGE: Plot and Title Map

ROWAN COTTAGE sits on a plot of roughly 0.097 of an acre, or 394m². The below map shows the location of ROWAN COTTAGE, 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 ROWAN COTTAGE). 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 ROWAN COTTAGE?

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