2, MYRTLE COTTAGE, SPRING ROAD, LYMINGTON, SO41 3SP - £1,190,000

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

2 MYRTLE COTTAGE is a very large extended detached house of 176m², built sometime between 1996 and 2002. It was last sold for £1,190,000 in October 2023, which was around 109% above the average October 2023 detached price in the New Forest local authority area. The most recent EPC inspection was May 2023, where the current energy rating was B, and the potential energy rating was B.

2 MYRTLE COTTAGE Sold Prices

Land registry data shows three sales for 2 MYRTLE COTTAGE 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. All of the three 2 MYRTLE COTTAGE 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
2023 12 OCT	£1,190,000	£568,121	109% above HPI
2010 2 DEC	£625,000	£339,356	84% above HPI
2002 11 DEC	£345,000	£259,154	33% above HPI

2 MYRTLE COTTAGE 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 2 MYRTLE COTTAGE sales between December 2002 and October 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 December 2010 sale was for 84% above the HPI. So the extrapolation line tracks at 84% above the HPI over time, until the October 2023 sale, where it rises to 109% above the HPI. The line then continues to track at 109% above the HPI.

How Large is 2 MYRTLE COTTAGE?

2 MYRTLE COTTAGE is 176m², which includes two extensions, according to the EPC inspection conducted in May 2023. This puts it in the largest 20% of detached houses in Lymington, based on EPC data. The below chart shows the distribution of detached houses by size in Lymington, and where 2 MYRTLE COTTAGE lies on this distribution: 82% of detached houses are smaller than 2 MYRTLE COTTAGE, and 18% of houses are larger. Note that EPC data is not available for all properties in Lymington.

2 MYRTLE COTTAGE: Plot and Title Map

2 MYRTLE COTTAGE sits on a plot of roughly 0.056 of an acre, or 226m². The below map shows the location of 2 MYRTLE COTTAGE, 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 MYRTLE COTTAGE). 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 2 MYRTLE COTTAGE?

2 MYRTLE COTTAGE is located on SPRING ROAD in LYMINGTON, in the SO41 postcode district. The below map shows the position of 2 MYRTLE COTTAGE on SPRING ROAD.