10, GILBERT CLOSE, LYMINGTON, SO41 3PG - £715,000

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.

10 GILBERT CLOSE is a very small detached house of 84m², built sometime between 1950 and 1966, which could now be worth an estimated £663,650. It was last sold for £715,000 in August 2022, which was around 14% above the average August 2022 detached price in the New Forest local authority area. The most recent EPC inspection was January 2019, where the current energy rating was D, and the potential energy rating was B.

10 GILBERT CLOSE Sold Prices

Land registry data shows three sales for 10 GILBERT 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. Two of the three 10 GILBERT CLOSE sales were for above the average price, whilst one 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
2022 10 AUG	£715,000	£627,517	14% above HPI
2019 15 JUL	£625,000	£496,271	26% above HPI
2011 30 SEP	£375,000	£378,719	1% below HPI

10 GILBERT 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 10 GILBERT CLOSE sales between September 2011 and August 2022 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 July 2019 sale was for 26% above the HPI. So the extrapolation line tracks at 26% above the HPI over time, until the August 2022 sale, where it falls to 14% above the HPI. The line then continues to track at 14% above the HPI.

What might 10 GILBERT CLOSE be worth now?

10 GILBERT CLOSE might now be worth an estimated £663,650.

This is based on house price deflation of 7.2%, between August 2022 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 7.2% deflationary decrease is applied to the most recent sale price for 10 GILBERT CLOSE of £715,000 on 10th August 2022. For the value to have decreased from £715,000 to £663,650 over the three years and six months to February 2025, the following assumptions must hold true:

• The value of 10 GILBERT CLOSE has moved in line with the HPI for detached houses in the New Forest local authority area.
• The August 2022 sale price of £715,000 represented a fair market value for the property.
• The size, condition, and specification of 10 GILBERT CLOSE has not materially changed since August 2022.

How Large is 10 GILBERT CLOSE?

10 GILBERT CLOSE is 84m² according to the EPC inspection conducted in January 2019. This puts it in the smallest 20% 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 10 GILBERT CLOSE lies on this distribution: 15% of detached houses houses are smaller than 10 GILBERT CLOSE, and 84% of houses are larger. Note that EPC data is not available for all properties in Lymington.

10 GILBERT CLOSE: Plot and Title Map

10 GILBERT CLOSE sits on a plot of roughly 0.163 of an acre, or 658m². The below map shows the location of 10 GILBERT 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 10 GILBERT 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 10 GILBERT CLOSE?

10 GILBERT CLOSE is located in LYMINGTON, in the SO41 postcode district. The below map shows the position of No. 10 on GILBERT CLOSE.