TERRACE HOUSE, SPRING LANE, NEW MILTON, BH25 5QB - £410,000

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

TERRACE HOUSE is a very large extended detached house of 159m², built sometime between 1900 and 1929. It was last sold for £410,000 in February 2008, which was around 17% above the average February 2008 detached price in the New Forest local authority area. The most recent EPC inspection was December 2023, where the current energy rating was C, and the potential energy rating was C.

TERRACE HOUSE Sold Prices

Land registry data shows two sales for TERRACE HOUSE 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 TERRACE HOUSE sales was for above the average price, whilst the other was 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
2008 29 FEB	£410,000	£351,437	17% above HPI
2002 19 MAR	£197,000	£206,434	5% below HPI

TERRACE HOUSE 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 TERRACE HOUSE sales from March 2002 and February 2008 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 March 2002 sale was for 5% below the HPI. So the extrapolation line tracks at 5% below the HPI over time, until the February 2008 sale, where it rises to 17% above the HPI. The line then continues to track at 17% above the HPI.

How Large is TERRACE HOUSE?

TERRACE HOUSE is 159m², which includes two extensions, according to the EPC inspection conducted in December 2023. This puts it in the largest 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 TERRACE HOUSE lies on this distribution: 92% of detached houses are smaller than TERRACE HOUSE, and 8% of houses are larger. Note that EPC data is not available for all properties in Ashley.

TERRACE HOUSE: Plot and Title Map

TERRACE HOUSE sits on a plot of roughly 0.176 of an acre, or 713m². The below map shows the location of TERRACE HOUSE, 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 TERRACE HOUSE). 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 TERRACE HOUSE?

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