SPRINGFIELDS, WALKFORD LANE, NEW MILTON, BH25 5NL - £457,500

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

SPRINGFIELDS is a very large detached house of 144m², built sometime between 1983 and 1990, which could now be worth an estimated £686,598. It was last sold for £457,500 in May 2014, which was around 18% above the average May 2014 detached price in the New Forest local authority area. The most recent EPC inspection was March 2011, where the current energy rating was D, and the potential energy rating was D.

SPRINGFIELDS Sold Prices

Land registry data shows two sales for SPRINGFIELDS 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 SPRINGFIELDS 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
2014 23 MAY	£457,500	£388,103	18% above HPI
2007 14 AUG	£415,000	£367,166	13% above HPI

SPRINGFIELDS 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 SPRINGFIELDS sales from August 2007 and May 2014 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 2007 sale was for 13% above the HPI. So the extrapolation line tracks at 13% above the HPI over time, until the May 2014 sale, where it rises to 18% above the HPI. The line then continues to track at 18% above the HPI.

What might SPRINGFIELDS be worth now?

SPRINGFIELDS might now be worth an estimated £686,598.

This is based on house price inflation of 50.1%, between May 2014 and February 2025, for detached houses, in the New Forest local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 50.1% inflationary increase is applied to the most recent sale price for SPRINGFIELDS of £457,500 on 23rd May 2014. For the value to have increased from £457,500 to £686,598 over the eleven years and three months to February 2025, the following assumptions must hold true:

• The value of SPRINGFIELDS has moved in line with the HPI for detached houses in the New Forest local authority area.
• The May 2014 sale price of £457,500 represented a fair market value for the property.
• The size, condition, and specification of SPRINGFIELDS has not materially changed since May 2014.

How Large is SPRINGFIELDS?

SPRINGFIELDS is 144m² according to the EPC inspection conducted in March 2011. This puts it in the largest 20% of detached houses houses in New Milton, based on EPC data. The below chart shows the distribution of detached houses houses by size in New Milton, and where SPRINGFIELDS lies on this distribution: 80% of detached houses houses are smaller than SPRINGFIELDS, and 20% of houses are larger. Note that EPC data is not available for all properties in New Milton.

SPRINGFIELDS: Plot and Title Map

SPRINGFIELDS sits on a plot of roughly 0.244 of an acre, or 989m². The below map shows the location of SPRINGFIELDS, 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 SPRINGFIELDS). 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 SPRINGFIELDS?

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