18, STANFORD RISE, SWAY, LYMINGTON, SO41 6DW - £450,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

18 STANFORD RISE is a small extended detached house of 97m², built sometime between 1976 and 1982. It was last sold for £450,000 in September 2023, which was around 22% below the average September 2023 detached price in the New Forest local authority area. The most recent EPC inspection was April 2023, where the current energy rating was C, and the potential energy rating was B.

18 STANFORD RISE Sold Prices

Land registry data shows four sales for 18 STANFORD RISE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the New Forest local authority area for the corresponding sale date. All of the four 18 STANFORD RISE 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
2023 12 SEP	£450,000	£578,252	22% below HPI
2013 25 OCT	£327,500	£354,825	8% below HPI
2007 29 JUN	£297,500	£340,934	13% below HPI
2004 3 AUG	£250,000	£299,844	17% below HPI

18 STANFORD RISE 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 four 18 STANFORD RISE sales between August 2004 and September 2023 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 2013 sale was for 8% below the HPI. So the extrapolation line tracks at 8% below the HPI over time, until the September 2023 sale, where it falls to 22% below the HPI. The line then continues to track at 22% below the HPI.

How Large is 18 STANFORD RISE?

18 STANFORD RISE is 97m², which includes two extensions, according to the EPC inspection conducted in April 2023. This puts it in the smallest 30% of detached houses in Sway, based on EPC data. The below chart shows the distribution of detached houses by size in Sway, and where 18 STANFORD RISE lies on this distribution: 28% of detached houses are smaller than 18 STANFORD RISE, and 72% of houses are larger. Note that EPC data is not available for all properties in Sway.

18 STANFORD RISE: Plot and Title Map

18 STANFORD RISE sits on a plot of roughly 0.099 of an acre, or 401m². The below map shows the location of 18 STANFORD RISE, 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 18 STANFORD RISE). 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 18 STANFORD RISE?

18 STANFORD RISE is located in SWAY, in the SO41 postcode district. The below map shows the position of No. 18 on STANFORD RISE.