SARNIA, ANDREW LANE, NEW MILTON, BH25 5QD - £322,500

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.

SARNIA is a small extended detached house of 85m², built sometime between 1930 and 1949, which could now be worth an estimated £370,799. It was last sold for £322,500 in June 2018, which was around 36% below the average June 2018 detached price in the New Forest local authority area. The most recent EPC inspection was June 2011, where the current energy rating was D, and the potential energy rating was D.

SARNIA Sold Prices

Land registry data shows four sales for SARNIA 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 SARNIA 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
2018 12 JUN	£322,500	£506,582	36% below HPI
2006 16 JUN	£245,000	£323,482	24% below HPI
1999 26 OCT	£118,000	£164,380	28% below HPI
1999 25 MAR	£97,500	£147,727	34% below HPI

SARNIA 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 SARNIA sales between March 1999 and June 2018 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 June 2006 sale was for 24% below the HPI. So the extrapolation line tracks at 24% below the HPI over time, until the June 2018 sale, where it falls to 36% below the HPI. The line then continues to track at 36% below the HPI.

What might SARNIA be worth now?

SARNIA might now be worth an estimated £370,799.

This is based on house price inflation of 15%, between June 2018 and February 2025, 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 15% inflationary increase is applied to the most recent sale price for SARNIA of £322,500 on 12th June 2018. For the value to have increased from £322,500 to £370,799 over the seven years and four months to February 2025, the following assumptions must hold true:

• The value of SARNIA has moved in line with the HPI for detached houses in the New Forest local authority area.
• The June 2018 sale price of £322,500 represented a fair market value for the property.
• The size, condition, and specification of SARNIA has not materially changed since June 2018.

How Large is SARNIA?

SARNIA is 85m², which includes one extension, according to the EPC inspection conducted in June 2011. This puts it in the smallest 30% of detached houses houses in Ashley, based on EPC data. The below chart shows the distribution of detached houses houses by size in Ashley, and where SARNIA lies on this distribution: 24% of detached houses houses are smaller than SARNIA, and 76% of houses are larger. Note that EPC data is not available for all properties in Ashley.

SARNIA: Plot and Title Map

SARNIA sits on a plot of roughly 0.147 of an acre, or 595m². The below map shows the location of SARNIA, 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 SARNIA). 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 SARNIA?

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