NEW LODGE, WALKFORD LANE, NEW MILTON, BH25 5NL - £590,500

NEW LODGE is a midsized extended detached house of 111m², built sometime between 1900 and 1929. It was last sold for £590,500 in July 2022, which was around 1% below the average July 2022 detached price in the New Forest local authority area. The most recent EPC inspection was September 2014, where the current energy rating was E, and the potential energy rating was D.

NEW LODGE Sold Prices

Land registry data shows four sales for NEW LODGE 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 NEW LODGE 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
2022 26 JUL	£590,500	£598,390	1% below HPI
2016 4 MAR	£372,500	£437,303	15% below HPI
2005 10 JUN	£297,500	£301,819	1% below HPI
2002 31 JAN	£197,500	£208,723	5% below HPI

NEW LODGE 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 NEW LODGE sales between January 2002 and July 2022 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 March 2016 sale was for 15% below the HPI. So the extrapolation line tracks at 15% below the HPI over time, until the July 2022 sale, where it rises to 1% below the HPI. The line then continues to track at 1% below the HPI.

How Large is NEW LODGE?

NEW LODGE is 111m², which includes two extensions, according to the EPC inspection conducted in September 2014. This puts it in the largest 50% 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 NEW LODGE lies on this distribution: 52% of detached houses are smaller than NEW LODGE, and 47% of houses are larger. Note that EPC data is not available for all properties in New Milton.

NEW LODGE: Plot and Title Map

NEW LODGE sits on a plot of roughly 0.079 of an acre, or 321m². The below map shows the location of NEW LODGE, 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 NEW LODGE). 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 NEW LODGE?

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