38, NEW ROAD, ASHURST, SOUTHAMPTON, SO40 7BS - £525,000

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.

38 NEW ROAD is a detached house, which could now be worth an estimated £548,859. It was last sold for £525,000 in June 2021, which was around 4% below the average June 2021 detached price in the New Forest local authority area.

38 NEW ROAD Sold Prices

Land registry data shows two sales for 38 NEW ROAD 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 38 NEW ROAD 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
2021 29 JUN	£525,000	£545,335	4% below HPI
2001 21 MAY	£162,000	£209,186	23% below HPI

What might 38 NEW ROAD be worth now?

38 NEW ROAD might now be worth an estimated £548,859.

This is based on house price inflation of 4.5%, between June 2021 and May 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 4.5% inflationary increase is applied to the most recent sale price for 38 NEW ROAD of £525,000 on 29th June 2021. For the value to have increased from £525,000 to £548,859 over the five years and one month to May 2026, the following assumptions must hold true:

• The value of 38 NEW ROAD has moved in line with the HPI for detached houses in the New Forest local authority area.
• The June 2021 sale price of £525,000 represented a fair market value for the property.
• The size, condition, and specification of 38 NEW ROAD has not materially changed since June 2021.

Where is 38 NEW ROAD?

38 NEW ROAD is located in ASHURST, in the SO40 postcode district.