CRESSBROOK, ASHLEY LANE, NEW MILTON, BH25 5AQ - £250,000

CRESSBROOK is a small detached house of 94m², built sometime between 1983 and 1990. It was last sold for £250,000 in May 2014, which was around 32% below the average May 2014 detached price in the New Forest local authority area. The most recent EPC inspection was September 2013, where the current energy rating was C, and the potential energy rating was B.

CRESSBROOK Sold Prices

Land registry data shows three sales for CRESSBROOK since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the New Forest local authority area for the corresponding sale date. All of the three CRESSBROOK 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
2014 8 MAY	£250,000	£367,437	32% below HPI
2009 1 DEC	£236,500	£321,138	26% below HPI
2002 22 APR	£172,000	£209,881	18% below HPI

CRESSBROOK 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 three CRESSBROOK sales between April 2002 and May 2014 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 December 2009 sale was for 26% below the HPI. So the extrapolation line tracks at 26% below the HPI over time, until the May 2014 sale, where it falls to 32% below the HPI. The line then continues to track at 32% below the HPI.

How Large is CRESSBROOK?

CRESSBROOK is 94m² according to the EPC inspection conducted in September 2013. This puts it in the smallest 40% of detached houses in Ashley, based on EPC data. The below chart shows the distribution of detached houses by size in Ashley, and where CRESSBROOK lies on this distribution: 38% of detached houses are smaller than CRESSBROOK, and 61% of houses are larger. Note that EPC data is not available for all properties in Ashley.

CRESSBROOK: Plot and Title Map

CRESSBROOK sits on a plot of roughly 0.125 of an acre, or 506m². The below map shows the location of CRESSBROOK, 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 CRESSBROOK). 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 CRESSBROOK?

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