THATCHED COTTAGE, SOUTHERN LANE, NEW MILTON, BH25 7JE - £250,000

THATCHED COTTAGE is a very small extended detached house of 73m², built sometime before 1900. It was last sold for £250,000 in June 2007, which was around 27% below the average June 2007 detached price in the New Forest local authority area. The most recent EPC inspection was June 2013, where the current energy rating was D, and the potential energy rating was C.

THATCHED COTTAGE Sold Prices

Land registry data shows two sales for THATCHED COTTAGE 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 THATCHED COTTAGE 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
2007 29 JUN	£250,000	£340,934	27% below HPI
2002 20 DEC	£167,500	£259,154	35% below HPI

THATCHED COTTAGE 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 THATCHED COTTAGE sales from December 2002 and June 2007 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 December 2002 sale was for 35% below the HPI. So the extrapolation line tracks at 35% below the HPI over time, until the June 2007 sale, where it rises to 27% below the HPI. The line then continues to track at 27% below the HPI.

How Large is THATCHED COTTAGE?

THATCHED COTTAGE is 73m², which includes one extension, according to the EPC inspection conducted in June 2013. This puts it in the smallest 20% 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 THATCHED COTTAGE lies on this distribution: 12% of detached houses are smaller than THATCHED COTTAGE, and 87% of houses are larger. Note that EPC data is not available for all properties in New Milton.

THATCHED COTTAGE: Plot and Title Map

THATCHED COTTAGE sits on a plot of roughly 0.034 of an acre, or 136m². The below map shows the location of THATCHED COTTAGE, 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 THATCHED COTTAGE). 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 THATCHED COTTAGE?

THATCHED COTTAGE is located on SOUTHERN LANE in NEW MILTON, in the BH25 postcode district. The below map shows the position of THATCHED COTTAGE on SOUTHERN LANE.