1, EDWARDS CLOSE, LYMINGTON, SO41 8JS - £346,500

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

1 EDWARDS CLOSE is a very small detached house of 77m², built sometime between 1996 and 2002, which could now be worth an estimated £494,129. It was last sold for £346,500 in October 2014, which was around 15% below the average October 2014 detached price in the New Forest local authority area. The most recent EPC inspection was October 2012, where the current energy rating was D, and the potential energy rating was B.

1 EDWARDS CLOSE Sold Prices

Land registry data shows three sales for 1 EDWARDS CLOSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the New Forest local authority area for the corresponding sale date. The three 1 EDWARDS CLOSE sales were a mix of below the average price, and roughly equal to 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
2014 24 OCT	£346,500	£408,434	15% below HPI
2007 14 DEC	£348,000	£378,874	8% below HPI
1997 30 MAY	£120,000	£120,073	Close to HPI

1 EDWARDS CLOSE 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 three 1 EDWARDS CLOSE sales between May 1997 and October 2014 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 2007 sale was for 8% below the HPI. So the extrapolation line tracks at 8% below the HPI over time, until the October 2014 sale, where it falls to 15% below the HPI. The line then continues to track at 15% below the HPI.

What might 1 EDWARDS CLOSE be worth now?

1 EDWARDS CLOSE might now be worth an estimated £494,129.

This is based on house price inflation of 42.6%, between October 2014 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 42.6% inflationary increase is applied to the most recent sale price for 1 EDWARDS CLOSE of £346,500 on 24th October 2014. For the value to have increased from £346,500 to £494,129 over the eleven years and eight months to February 2025, the following assumptions must hold true:

• The value of 1 EDWARDS CLOSE has moved in line with the HPI for detached houses in the New Forest local authority area.
• The October 2014 sale price of £346,500 represented a fair market value for the property.
• The size, condition, and specification of 1 EDWARDS CLOSE has not materially changed since October 2014.

How Large is 1 EDWARDS CLOSE?

1 EDWARDS CLOSE is 77m² according to the EPC inspection conducted in October 2012. This puts it in the smallest 10% of detached houses houses in Lymington, based on EPC data. The below chart shows the distribution of detached houses houses by size in Lymington, and where 1 EDWARDS CLOSE lies on this distribution: 9% of detached houses houses are smaller than 1 EDWARDS CLOSE, and 91% of houses are larger. Note that EPC data is not available for all properties in Lymington.

1 EDWARDS CLOSE: Plot and Title Map

1 EDWARDS CLOSE sits on a plot of roughly 0.180 of an acre, or 728m². The below map shows the location of 1 EDWARDS CLOSE, 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 1 EDWARDS CLOSE). 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 1 EDWARDS CLOSE?

1 EDWARDS CLOSE is located in LYMINGTON, in the SO41 postcode district. The below map shows the position of No. 1 on EDWARDS CLOSE.