7, VELVET LAWN ROAD, NEW MILTON, BH25 5GE - £510,000

7 VELVET LAWN ROAD is a large extended detached house of 126m², built sometime between 1991 and 1995. It was last sold for £510,000 in March 2021, which was around 1% below the average March 2021 detached price in the New Forest local authority area. The most recent EPC inspection was January 2020, where the current energy rating was D, and the potential energy rating was C.

7 VELVET LAWN ROAD Sold Prices

Land registry data shows two sales for 7 VELVET LAWN ROAD 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 7 VELVET LAWN ROAD sales was for below the average price, whilst the other was 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
2021 3 MAR	£510,000	£512,737	1% below HPI
1995 7 APR	£134,950	£100,615	34% above HPI

7 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 two 7 VELVET LAWN ROAD sales from April 1995 and March 2021 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 April 1995 sale was for 34% above the HPI. So the extrapolation line tracks at 34% above the HPI over time, until the March 2021 sale, where it falls to 1% below the HPI. The line then continues to track at 1% below the HPI.

How Large is 7 VELVET LAWN ROAD?

7 VELVET LAWN ROAD is 126m², which includes one extension, according to the EPC inspection conducted in January 2020. This puts it in the largest 40% 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 7 VELVET LAWN ROAD lies on this distribution: 68% of detached houses are smaller than 7 VELVET LAWN ROAD, and 31% of houses are larger. Note that EPC data is not available for all properties in New Milton.

7 VELVET LAWN ROAD: Plot and Title Map

7 VELVET LAWN ROAD sits on a plot of roughly 0.169 of an acre, or 684m². The below map shows the location of 7 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 7 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 7 VELVET LAWN ROAD?

7 VELVET LAWN ROAD is located in NEW MILTON, in the BH25 postcode district. The below map shows the position of No. 7 on VELVET LAWN ROAD.