1, SPRINGMEAD, LYMINGTON, SO41 3AA - £1,115,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

1 SPRINGMEAD is a very large detached house of 233m². It was last sold for £1,115,000 in May 2017, which was around 144% above the average May 2017 detached price in the New Forest local authority area. The most recent EPC inspection was September 2008, where the current energy rating was C, and the potential energy rating was C.

1 SPRINGMEAD Sold Prices

Land registry data shows two sales for 1 SPRINGMEAD 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 SPRINGMEAD sales were for above 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 4 MAY	£1,115,000	£456,927	144% above HPI
2009 5 OCT	£920,000	£317,566	190% above HPI

1 SPRINGMEAD 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 SPRINGMEAD sales from October 2009 and May 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 2009 sale was for 190% above the HPI. So the extrapolation line tracks at 190% above the HPI over time, until the May 2017 sale, where it falls to 144% above the HPI. The line then continues to track at 144% above the HPI.

How Large is 1 SPRINGMEAD?

1 SPRINGMEAD is 233m² according to the EPC inspection conducted in September 2008. This puts it in the largest 10% of detached houses in Lymington, based on EPC data. The below chart shows the distribution of detached houses by size in Lymington, and where 1 SPRINGMEAD lies on this distribution: 95% of detached houses are smaller than 1 SPRINGMEAD, and 5% of houses are larger. Note that EPC data is not available for all properties in Lymington.

1 SPRINGMEAD: Plot and Title Map

1 SPRINGMEAD sits on a plot of roughly 0.179 of an acre, or 726m². The below map shows the location of 1 SPRINGMEAD, 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 SPRINGMEAD). 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 SPRINGMEAD?

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