SWIFTSURE, SMITHY LANE, NEW MILTON, BH25 5TF - £740,000

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

SWIFTSURE is a small extended detached house of 117m², built sometime between 1900 and 1929. It was last sold for £740,000 in October 2023, which was around 30% above the average October 2023 detached price in the New Forest local authority area. The most recent EPC inspection was September 2022, where the current energy rating was E, and the potential energy rating was D.

SWIFTSURE Sold Prices

Land registry data shows two sales for SWIFTSURE 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 SWIFTSURE 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
2023 23 OCT	£740,000	£568,121	30% above HPI
2009 15 SEP	£411,500	£315,532	30% above HPI

SWIFTSURE 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 SWIFTSURE sales from September 2009 and October 2023 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 September 2009 sale was for 30% above the HPI. So the extrapolation line tracks at 30% above the HPI over time, until the October 2023 sale, which was also at 30% above the HPI.

How Large is SWIFTSURE?

SWIFTSURE is 117m², which includes four extensions, according to the EPC inspection conducted in September 2022. This puts it in the smallest 30% of detached houses in Bashley, based on EPC data. The below chart shows the distribution of detached houses by size in Bashley, and where SWIFTSURE lies on this distribution: 24% of detached houses are smaller than SWIFTSURE, and 76% of houses are larger. Note that EPC data is not available for all properties in Bashley.

SWIFTSURE: Plot and Title Map

SWIFTSURE sits on a plot of roughly 0.676 of an acre, or 2,734m². The below map shows the location of SWIFTSURE, 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 SWIFTSURE). 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 SWIFTSURE?

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