SPINNEY COTTAGE, CULLWOOD LANE, NEW MILTON, BH25 5QJ - £495,000

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

SPINNEY COTTAGE is a midsized extended detached house of 99m², built sometime between 2007 and 2011. It was last sold for £495,000 in January 2024, which was around 12% below the average January 2024 detached price in the New Forest local authority area. The most recent EPC inspection was September 2023, where the current energy rating was C, and the potential energy rating was B.

SPINNEY COTTAGE Sold Prices

Land registry data shows two sales for SPINNEY 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. One of the two SPINNEY COTTAGE sales was for below the average price, whilst the other was 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
2024 18 JAN	£495,000	£560,263	12% below HPI
2007 29 JAN	£330,000	£325,582	1% above HPI

SPINNEY 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 SPINNEY COTTAGE sales from January 2007 and January 2024 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 2007 sale was for 1% above the HPI. So the extrapolation line tracks at 1% above the HPI over time, until the January 2024 sale, where it falls to 12% below the HPI. The line then continues to track at 12% below the HPI.

How Large is SPINNEY COTTAGE?

SPINNEY COTTAGE is 99m², which includes one extension, according to the EPC inspection conducted in September 2023. This puts it in the smallest 50% of detached houses in Ashley, based on EPC data. The below chart shows the distribution of detached houses by size in Ashley, and where SPINNEY COTTAGE lies on this distribution: 43% of detached houses are smaller than SPINNEY COTTAGE, and 56% of houses are larger. Note that EPC data is not available for all properties in Ashley.

SPINNEY COTTAGE: Plot and Title Map

SPINNEY COTTAGE sits on a plot of roughly 0.093 of an acre, or 376m². The below map shows the location of SPINNEY 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 SPINNEY 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 SPINNEY COTTAGE?

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