1, MARRAM CLOSE, LYMINGTON, SO41 9FN - £405,000

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.

1 MARRAM CLOSE is a small detached house of 112m², built sometime between 1983 and 1990, which could now be worth an estimated £529,243. It was last sold for £405,000 in January 2016, which was around 9% below the average January 2016 detached price in the New Forest local authority area. The most recent EPC inspection was May 2014, where the current energy rating was C, and the potential energy rating was B.

1 MARRAM CLOSE Sold Prices

Land registry data shows two sales for 1 MARRAM CLOSE 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 1 MARRAM CLOSE 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
2016 18 JAN	£405,000	£445,716	9% below HPI
2012 8 MAY	£260,000	£359,976	28% below HPI

1 MARRAM 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 two 1 MARRAM CLOSE sales from May 2012 and January 2016 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 May 2012 sale was for 28% below the HPI. So the extrapolation line tracks at 28% below the HPI over time, until the January 2016 sale, where it rises to 9% below the HPI. The line then continues to track at 9% below the HPI.

What might 1 MARRAM CLOSE be worth now?

1 MARRAM CLOSE might now be worth an estimated £529,243.

This is based on house price inflation of 30.7%, between January 2016 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 30.7% inflationary increase is applied to the most recent sale price for 1 MARRAM CLOSE of £405,000 on 18th January 2016. For the value to have increased from £405,000 to £529,243 over the eight years and eleven months to February 2025, the following assumptions must hold true:

• The value of 1 MARRAM CLOSE has moved in line with the HPI for detached houses in the New Forest local authority area.
• The January 2016 sale price of £405,000 represented a fair market value for the property.
• The size, condition, and specification of 1 MARRAM CLOSE has not materially changed since January 2016.

How Large is 1 MARRAM CLOSE?

1 MARRAM CLOSE is 112m² according to the EPC inspection conducted in May 2014. This puts it in the smallest 40% 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 MARRAM CLOSE lies on this distribution: 36% of detached houses houses are smaller than 1 MARRAM CLOSE, and 63% of houses are larger. Note that EPC data is not available for all properties in Lymington.

1 MARRAM CLOSE: Plot and Title Map

1 MARRAM CLOSE sits on a plot of roughly 0.108 of an acre, or 439m². The below map shows the location of 1 MARRAM 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 MARRAM 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 MARRAM CLOSE?

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