2, PIPPIN CLOSE, LYMINGTON, SO41 3TP - £950,000

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

2 PIPPIN CLOSE is a very large extended detached house of 185m², built sometime between 1991 and 1995. It was last sold for £950,000 in March 2022, which was around 63% above the average March 2022 detached price in the New Forest local authority area. The most recent EPC inspection was October 2021, where the current energy rating was D, and the potential energy rating was C.

2 PIPPIN CLOSE Sold Prices

Land registry data shows three sales for 2 PIPPIN 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. All of the three 2 PIPPIN 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
2022 30 MAR	£950,000	£581,151	63% above HPI
2006 10 JUL	£560,000	£313,055	79% above HPI
1997 15 JUL	£200,000	£119,407	67% above HPI

2 PIPPIN 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 2 PIPPIN CLOSE sales between July 1997 and March 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 2006 sale was for 79% above the HPI. So the extrapolation line tracks at 79% above the HPI over time, until the March 2022 sale, where it falls to 63% above the HPI. The line then continues to track at 63% above the HPI.

How Large is 2 PIPPIN CLOSE?

2 PIPPIN CLOSE is 185m², which includes three extensions, according to the EPC inspection conducted in October 2021. 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 PIPPIN CLOSE lies on this distribution: 85% of detached houses are smaller than 2 PIPPIN CLOSE, and 15% of houses are larger. Note that EPC data is not available for all properties in Lymington.

2 PIPPIN CLOSE: Plot and Title Map

2 PIPPIN CLOSE sits on a plot of roughly 0.157 of an acre, or 636m². The below map shows the location of 2 PIPPIN 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 2 PIPPIN 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 2 PIPPIN CLOSE?

2 PIPPIN CLOSE is located in LYMINGTON, in the SO41 postcode district. The below map shows the position of No. 2 on PIPPIN CLOSE.