TERRIDENE, PARK ROAD, NEW MILTON, BH25 6QE - £420,000

TERRIDENE is a small detached house of 91m², built sometime between 1950 and 1966. It was last sold for £420,000 in October 2017, which was around 13% below the average October 2017 detached price in the New Forest local authority area. The most recent EPC inspection was May 2015, where the current energy rating was D, and the potential energy rating was B.

TERRIDENE Sold Prices

Land registry data shows two sales for TERRIDENE 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 TERRIDENE 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
2017 19 OCT	£420,000	£485,311	13% below HPI
2015 23 OCT	£289,950	£419,902	31% below HPI

TERRIDENE 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 two TERRIDENE sales from October 2015 and October 2017 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 October 2015 sale was for 31% below the HPI. So the extrapolation line tracks at 31% below the HPI over time, until the October 2017 sale, where it rises to 13% below the HPI. The line then continues to track at 13% below the HPI.

How Large is TERRIDENE?

TERRIDENE is 91m² according to the EPC inspection conducted in May 2015. This puts it in the smallest 40% 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 TERRIDENE lies on this distribution: 31% of detached houses are smaller than TERRIDENE, and 68% of houses are larger. Note that EPC data is not available for all properties in New Milton.

TERRIDENE: Plot and Title Map

TERRIDENE sits on a plot of roughly 0.131 of an acre, or 529m². The below map shows the location of TERRIDENE, 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 TERRIDENE). 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 TERRIDENE?

TERRIDENE is located on PARK ROAD in NEW MILTON, in the BH25 postcode district. The below map shows the position of TERRIDENE on PARK ROAD.