PADDOCK GATE, NEW LANE, NEW MILTON, BH25 5TD - £590,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

PADDOCK GATE is a very large detached house of 203m², which could now be worth an estimated £1,095,021. It was last sold for £590,000 in March 2009, which was around 87% above the average March 2009 detached price in the New Forest local authority area. The most recent EPC inspection was February 2009, where the current energy rating was D, and the potential energy rating was D.

PADDOCK GATE Sold Prices

Land registry data shows four sales for PADDOCK GATE 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 PADDOCK GATE 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
2009 12 MAR	£590,000	£314,907	87% above HPI
2003 1 AUG	£498,000	£292,446	70% above HPI
1998 21 AUG	£235,000	£142,177	65% above HPI
1996 4 NOV	£182,500	£114,648	59% above HPI

PADDOCK GATE 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 PADDOCK GATE sales between November 1996 and March 2009 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 2003 sale was for 70% above the HPI. So the extrapolation line tracks at 70% above the HPI over time, until the March 2009 sale, where it rises to 87% above the HPI. The line then continues to track at 87% above the HPI.

What might PADDOCK GATE be worth now?

PADDOCK GATE might now be worth an estimated £1,095,021.

This is based on house price inflation of 85.6%, between March 2009 and July 2026, for detached houses, in the New Forest local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 85.6% inflationary increase is applied to the most recent sale price for PADDOCK GATE of £590,000 on 12th March 2009. For the value to have increased from £590,000 to £1,095,021 over the sixteen years and eight months to July 2026, the following assumptions must hold true:

• The value of PADDOCK GATE has moved in line with the HPI for detached houses in the New Forest local authority area.
• The March 2009 sale price of £590,000 represented a fair market value for the property.
• The size, condition, and specification of PADDOCK GATE has not materially changed since March 2009.

How Large is PADDOCK GATE?

PADDOCK GATE is 203m² according to the EPC inspection conducted in February 2009. This puts it in the largest 20% of detached houses houses in Bashley, based on EPC data. The below chart shows the distribution of detached houses houses by size in Bashley, and where PADDOCK GATE lies on this distribution: 81% of detached houses houses are smaller than PADDOCK GATE, and 19% of houses are larger. Note that EPC data is not available for all properties in Bashley.

PADDOCK GATE: Plot and Title Map

PADDOCK GATE sits on a plot of roughly 0.554 of an acre, or 2,241m². The below map shows the location of PADDOCK GATE, 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 PADDOCK GATE). 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 PADDOCK GATE?

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