2, LAKE VIEW MANOR, LAKE GROVE ROAD, NEW MILTON, BH25 5NX - £290,000

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.

2 LAKE VIEW MANOR is a very small terraced house of 70m², built sometime between 1996 and 2002, which could now be worth an estimated £377,487. It was last sold for £290,000 in October 2015, which was around 28% above the average October 2015 terraced price in the New Forest local authority area. The most recent EPC inspection was August 2015, where the current energy rating was C, and the potential energy rating was B.

2 LAKE VIEW MANOR Sold Prices

Land registry data shows three sales for 2 LAKE VIEW MANOR since 1^st January 1995. The below table shows the price paid for the three sales, along with the average terraced price in the New Forest local authority area for the corresponding sale date. All of the three 2 LAKE VIEW MANOR 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
2015 26 OCT	£290,000	£226,555	28% above HPI
2015 6 FEB	£227,500	£212,768	7% above HPI
2000 27 OCT	£140,000	£90,265	55% above HPI

2 LAKE VIEW MANOR Price Paid vs. HPI Average

The below graph shows the average terraced house price in the New Forest local authority area over time, sourced from the HPI. The three 2 LAKE VIEW MANOR sales between October 2000 and October 2015 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 2015 sale was for 7% above the HPI. So the extrapolation line tracks at 7% above the HPI over time, until the October 2015 sale, where it rises to 28% above the HPI. The line then continues to track at 28% above the HPI.

What might 2 LAKE VIEW MANOR be worth now?

2 LAKE VIEW MANOR might now be worth an estimated £377,487.

This is based on house price inflation of 30.2%, between October 2015 and June 2025, for terraced 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 30.2% inflationary increase is applied to the most recent sale price for 2 LAKE VIEW MANOR of £290,000 on 26th October 2015. For the value to have increased from £290,000 to £377,487 over the ten years and four months to June 2025, the following assumptions must hold true:

• The value of 2 LAKE VIEW MANOR has moved in line with the HPI for terraced houses in the New Forest local authority area.
• The October 2015 sale price of £290,000 represented a fair market value for the property.
• The size, condition, and specification of 2 LAKE VIEW MANOR has not materially changed since October 2015.

How Large is 2 LAKE VIEW MANOR?

2 LAKE VIEW MANOR is 70m² according to the EPC inspection conducted in August 2015. This puts it in the smallest 10% of terraced houses houses in New Milton, based on EPC data. The below chart shows the distribution of terraced houses houses by size in New Milton, and where 2 LAKE VIEW MANOR lies on this distribution: 8% of terraced houses houses are smaller than 2 LAKE VIEW MANOR, and 91% of houses are larger. Note that EPC data is not available for all properties in New Milton.

2 LAKE VIEW MANOR: Plot and Title Map

2 LAKE VIEW MANOR sits on a plot of roughly 0.027 of an acre, or 108m². The below map shows the location of 2 LAKE VIEW MANOR, 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 2 LAKE VIEW MANOR). 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 2 LAKE VIEW MANOR?

2 LAKE VIEW MANOR is located on LAKE GROVE ROAD in NEW MILTON, in the BH25 postcode district. The below map shows the position of 2 LAKE VIEW MANOR on LAKE GROVE ROAD.