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
2 LAVENDER ROAD is a very small detached house of 71m², built sometime between 1976 and 1982. It was last sold for £325,000 in June 2018, which was around 32% below the average June 2018 detached price in the New Forest local authority area. The most recent EPC inspection was December 2017, where the current energy rating was E, and the potential energy rating was B.
Land registry data shows two sales for 2 LAVENDER ROAD since 1st 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 2 LAVENDER ROAD 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 |
---|---|---|---|
2018 22 JUN | £325,000 | £479,607 | 32% below HPI |
1996 19 APR | £74,000 | £101,447 | 27% below HPI |
The below graph shows the average detached house price in the New Forest local authority area over time, sourced from the HPI. The two 2 LAVENDER ROAD sales from April 1996 and June 2018 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 April 1996 sale was for 27% below the HPI. So the extrapolation line tracks at 27% below the HPI over time, until the June 2018 sale, where it falls to 32% below the HPI. The line then continues to track at 32% below the HPI.
2 LAVENDER ROAD is 71m² according to the EPC inspection conducted in December 2017. This puts it in the smallest 10% of detached houses in Hordle, based on EPC data. The below chart shows the distribution of detached houses by size in Hordle, and where 2 LAVENDER ROAD lies on this distribution: 9% of detached houses are smaller than 2 LAVENDER ROAD, and 90% of houses are larger. Note that EPC data is not available for all properties in Hordle.
2 LAVENDER ROAD sits on a plot of roughly 0.088 of an acre, or 355m². The below map shows the location of 2 LAVENDER ROAD, 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 2 LAVENDER ROAD). 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.
2 LAVENDER ROAD is located in HORDLE, in the SO41 postcode district. The below map shows the position of No. 2 on LAVENDER ROAD.