SUNSHINE COTTAGE, SPRING LANE, NEW MILTON, BH25 5QB - £248,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

SUNSHINE COTTAGE is a very small extended detached house of 73m², built sometime between 1900 and 1929, which could now be worth an estimated £382,404. It was last sold for £248,000 in December 2013, which was around 34% below the average December 2013 detached price in the New Forest local authority area. The most recent EPC inspection was December 2008, where the current energy rating was D, and the potential energy rating was C.

SUNSHINE COTTAGE Sold Prices

Land registry data shows four sales for SUNSHINE COTTAGE 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. The four SUNSHINE COTTAGE sales were a mix of below the average price, and roughly equal to 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
2013 16 DEC	£248,000	£377,889	34% below HPI
2009 8 MAY	£250,000	£314,250	20% below HPI
2007 30 NOV	£380,000	£378,910	Close to HPI
2000 15 SEP	£88,000	£198,260	56% below HPI

SUNSHINE 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 four SUNSHINE COTTAGE sales between September 2000 and December 2013 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 May 2009 sale was for 20% below the HPI. So the extrapolation line tracks at 20% below the HPI over time, until the December 2013 sale, where it falls to 34% below the HPI. The line then continues to track at 34% below the HPI.

What might SUNSHINE COTTAGE be worth now?

SUNSHINE COTTAGE might now be worth an estimated £382,404.

This is based on house price inflation of 54.2%, between December 2013 and December 2024, 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 54.2% inflationary increase is applied to the most recent sale price for SUNSHINE COTTAGE of £248,000 on 16th December 2013. For the value to have increased from £248,000 to £382,404 over the eleven years to December 2024, the following assumptions must hold true:

• The value of SUNSHINE COTTAGE has moved in line with the HPI for detached houses in the New Forest local authority area.
• The December 2013 sale price of £248,000 represented a fair market value for the property.
• The size, condition, and specification of SUNSHINE COTTAGE has not materially changed since December 2013.

How Large is SUNSHINE COTTAGE?

SUNSHINE COTTAGE is 73m², which includes one extension, according to the EPC inspection conducted in December 2008. This puts it in the smallest 10% of detached houses houses in Ashley, based on EPC data. The below chart shows the distribution of detached houses houses by size in Ashley, and where SUNSHINE COTTAGE lies on this distribution: 10% of detached houses houses are smaller than SUNSHINE COTTAGE, and 90% of houses are larger. Note that EPC data is not available for all properties in Ashley.

SUNSHINE COTTAGE: Plot and Title Map

SUNSHINE COTTAGE sits on a plot of roughly 0.053 of an acre, or 213m². The below map shows the location of SUNSHINE 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 SUNSHINE 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 SUNSHINE COTTAGE?

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