16, PRINCESS ROYAL CLOSE, LYMINGTON, SO41 9NY - £650,000

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.

16 PRINCESS ROYAL CLOSE is a small detached house of 110m², built sometime between 2007 and 2011, which could now be worth an estimated £694,238. It was last sold for £650,000 in June 2021, which was around 19% above the average June 2021 detached price in the New Forest local authority area. The most recent EPC inspection was May 2021, where the current energy rating was C, and the potential energy rating was B.

16 PRINCESS ROYAL CLOSE Sold Prices

Land registry data shows two sales for 16 PRINCESS ROYAL 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 16 PRINCESS ROYAL CLOSE 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
2021 10 JUN	£650,000	£545,335	19% above HPI
2010 18 JUN	£415,000	£361,154	15% above HPI

16 PRINCESS ROYAL 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 16 PRINCESS ROYAL CLOSE sales from June 2010 and June 2021 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 June 2010 sale was for 15% above the HPI. So the extrapolation line tracks at 15% above the HPI over time, until the June 2021 sale, where it rises to 19% above the HPI. The line then continues to track at 19% above the HPI.

What might 16 PRINCESS ROYAL CLOSE be worth now?

16 PRINCESS ROYAL CLOSE might now be worth an estimated £694,238.

This is based on house price inflation of 6.8%, between June 2021 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 6.8% inflationary increase is applied to the most recent sale price for 16 PRINCESS ROYAL CLOSE of £650,000 on 10th June 2021. For the value to have increased from £650,000 to £694,238 over the four years and four months to February 2025, the following assumptions must hold true:

• The value of 16 PRINCESS ROYAL CLOSE has moved in line with the HPI for detached houses in the New Forest local authority area.
• The June 2021 sale price of £650,000 represented a fair market value for the property.
• The size, condition, and specification of 16 PRINCESS ROYAL CLOSE has not materially changed since June 2021.

How Large is 16 PRINCESS ROYAL CLOSE?

16 PRINCESS ROYAL CLOSE is 110m² according to the EPC inspection conducted in May 2021. 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 16 PRINCESS ROYAL CLOSE lies on this distribution: 34% of detached houses houses are smaller than 16 PRINCESS ROYAL CLOSE, and 65% of houses are larger. Note that EPC data is not available for all properties in Lymington.

16 PRINCESS ROYAL CLOSE: Plot and Title Map

16 PRINCESS ROYAL CLOSE sits on a plot of roughly 0.066 of an acre, or 267m². The below map shows the location of 16 PRINCESS ROYAL 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 16 PRINCESS ROYAL 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 16 PRINCESS ROYAL CLOSE?

16 PRINCESS ROYAL CLOSE is located in LYMINGTON, in the SO41 postcode district. The below map shows the position of No. 16 on PRINCESS ROYAL CLOSE.