THREE JAYS, BASHLEY ROAD, NEW MILTON, BH25 5RX - £700,000

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.

THREE JAYS is a small extended detached house of 119m², built sometime between 1930 and 1949, which could now be worth an estimated £666,719. It was last sold for £700,000 in August 2023, which was around 14% above the average August 2023 detached price in the New Forest local authority area. The most recent EPC inspection was June 2022, where the current energy rating was D, and the potential energy rating was C.

THREE JAYS Sold Prices

Land registry data shows two sales for THREE JAYS 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. One of the two THREE JAYS sales was for above the average price, whilst the other was 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
2023 31 AUG	£700,000	£613,632	14% above HPI
2017 14 DEC	£500,000	£511,161	2% below HPI

THREE JAYS 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 THREE JAYS sales from December 2017 and August 2023 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 2017 sale was for 2% below the HPI. So the extrapolation line tracks at 2% below the HPI over time, until the August 2023 sale, where it rises to 14% above the HPI. The line then continues to track at 14% above the HPI.

What might THREE JAYS be worth now?

THREE JAYS might now be worth an estimated £666,719.

This is based on house price deflation of 4.8%, between August 2023 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 4.8% deflationary decrease is applied to the most recent sale price for THREE JAYS of £700,000 on 31st August 2023. For the value to have decreased from £700,000 to £666,719 over the three years and one month to July 2026, the following assumptions must hold true:

• The value of THREE JAYS has moved in line with the HPI for detached houses in the New Forest local authority area.
• The August 2023 sale price of £700,000 represented a fair market value for the property.
• The size, condition, and specification of THREE JAYS has not materially changed since August 2023.

How Large is THREE JAYS?

THREE JAYS is 119m², which includes one extension, according to the EPC inspection conducted in June 2022. This puts it in the smallest 30% 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 THREE JAYS lies on this distribution: 30% of detached houses houses are smaller than THREE JAYS, and 68% of houses are larger. Note that EPC data is not available for all properties in Bashley.

THREE JAYS: Plot and Title Map

THREE JAYS sits on a plot of roughly 0.203 of an acre, or 822m². The below map shows the location of THREE JAYS, 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 THREE JAYS). 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 THREE JAYS?

THREE JAYS is located on BASHLEY ROAD in NEW MILTON, in the BH25 postcode district. The below map shows the position of THREE JAYS on BASHLEY ROAD.