THE NOOK, WALKFORD LANE, NEW MILTON, BH25 5NL - £675,000

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.

THE NOOK is a large extended detached house of 125m², built sometime between 1950 and 1966, which could now be worth an estimated £621,238. It was last sold for £675,000 in September 2022, which was around 7% above the average September 2022 detached price in the New Forest local authority area. The most recent EPC inspection was September 2022, where the current energy rating was D, and the potential energy rating was B.

THE NOOK Sold Prices

Land registry data shows four sales for THE NOOK 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. two of the four THE NOOK sales were for above the average price, and four were 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
2022 30 SEP	£675,000	£632,855	7% above HPI
2016 12 FEB	£460,000	£455,432	1% above HPI
2009 24 SEP	£330,000	£333,279	1% below HPI
2006 9 MAY	£270,000	£322,965	16% below HPI

THE NOOK 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 THE NOOK sales between May 2006 and September 2022 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 February 2016 sale was for 1% above the HPI. So the extrapolation line tracks at 1% above the HPI over time, until the September 2022 sale, where it rises to 7% above the HPI. The line then continues to track at 7% above the HPI.

What might THE NOOK be worth now?

THE NOOK might now be worth an estimated £621,238.

This is based on house price deflation of 8%, between September 2022 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 8% deflationary decrease is applied to the most recent sale price for THE NOOK of £675,000 on 30th September 2022. For the value to have decreased from £675,000 to £621,238 over the three years and seven months to February 2025, the following assumptions must hold true:

• The value of THE NOOK has moved in line with the HPI for detached houses in the New Forest local authority area.
• The September 2022 sale price of £675,000 represented a fair market value for the property.
• The size, condition, and specification of THE NOOK has not materially changed since September 2022.

How Large is THE NOOK?

THE NOOK is 125m², which includes two extensions, according to the EPC inspection conducted in September 2022. This puts it in the largest 40% 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 THE NOOK lies on this distribution: 67% of detached houses houses are smaller than THE NOOK, and 33% of houses are larger. Note that EPC data is not available for all properties in New Milton.

THE NOOK: Plot and Title Map

THE NOOK sits on a plot of roughly 0.181 of an acre, or 731m². The below map shows the location of THE NOOK, 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 THE NOOK). 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 THE NOOK?

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