47, VELVET LAWN ROAD, NEW MILTON, BH25 5GE - £612,500

47 VELVET LAWN ROAD is a very large extended detached house of 164m², built sometime between 1991 and 1995. It was last sold for £612,500 in November 2019, which was around 29% above the average November 2019 detached price in the New Forest local authority area. The most recent EPC inspection was May 2019, where the current energy rating was D, and the potential energy rating was C.

47 VELVET LAWN ROAD Sold Prices

Land registry data shows four sales for 47 VELVET LAWN ROAD 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. All of the four 47 VELVET LAWN ROAD 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
2019 15 NOV	£612,500	£475,262	29% above HPI
2009 23 JUL	£432,500	£310,014	40% above HPI
2003 6 MAR	£405,000	£279,186	45% above HPI
1996 28 MAR	£164,000	£99,755	64% above HPI

47 VELVET LAWN ROAD 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 47 VELVET LAWN ROAD sales between March 1996 and November 2019 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 July 2009 sale was for 40% above the HPI. So the extrapolation line tracks at 40% above the HPI over time, until the November 2019 sale, where it falls to 29% above the HPI. The line then continues to track at 29% above the HPI.

How Large is 47 VELVET LAWN ROAD?

47 VELVET LAWN ROAD is 164m², which includes one extension, according to the EPC inspection conducted in May 2019. This puts it in the largest 20% of detached houses in New Milton, based on EPC data. The below chart shows the distribution of detached houses by size in New Milton, and where 47 VELVET LAWN ROAD lies on this distribution: 89% of detached houses are smaller than 47 VELVET LAWN ROAD, and 11% of houses are larger. Note that EPC data is not available for all properties in New Milton.

47 VELVET LAWN ROAD: Plot and Title Map

47 VELVET LAWN ROAD sits on a plot of roughly 0.240 of an acre, or 970m². The below map shows the location of 47 VELVET LAWN ROAD, 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 47 VELVET LAWN ROAD). 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 47 VELVET LAWN ROAD?

47 VELVET LAWN ROAD is located in NEW MILTON, in the BH25 postcode district. The below map shows the position of No. 47 on VELVET LAWN ROAD.