CARAMIA, WALKFORD LANE, NEW MILTON, BH25 5NL - £440,000

CARAMIA is a very small detached house of 65m², built sometime between 1983 and 1990. It was last sold for £440,000 in January 2019, which was around 8% below the average January 2019 detached price in the New Forest local authority area. The most recent EPC inspection was January 2019, where the current energy rating was D, and the potential energy rating was B.

CARAMIA Sold Prices

Land registry data shows two sales for CARAMIA 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. Both of the two CARAMIA sales 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
2019 11 JAN	£440,000	£477,667	8% below HPI
2009 28 AUG	£200,000	£312,727	36% below HPI

CARAMIA 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 CARAMIA sales from August 2009 and January 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 August 2009 sale was for 36% below the HPI. So the extrapolation line tracks at 36% below the HPI over time, until the January 2019 sale, where it rises to 8% below the HPI. The line then continues to track at 8% below the HPI.

How Large is CARAMIA?

CARAMIA is 65m² according to the EPC inspection conducted in January 2019. This puts it in the smallest 10% 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 CARAMIA lies on this distribution: 5% of detached houses are smaller than CARAMIA, and 94% of houses are larger. Note that EPC data is not available for all properties in New Milton.

CARAMIA: Plot and Title Map

CARAMIA sits on a plot of roughly 0.951 of an acre, or 3,848m². The below map shows the location of CARAMIA, 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 CARAMIA). 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 CARAMIA?

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