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

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.

2 PIPPIN CLOSE is a very large extended detached house of 185m², built sometime between 1991 and 1995, which could now be worth an estimated £901,424. It was last sold for £950,000 in March 2022, which was around 55% 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	£613,837	55% above HPI
2006 10 JUL	£560,000	£330,662	69% above HPI
1997 15 JUL	£200,000	£126,123	59% 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 69% above the HPI. So the extrapolation line tracks at 69% above the HPI over time, until the March 2022 sale, where it falls to 55% above the HPI. The line then continues to track at 55% above the HPI.

What might 2 PIPPIN CLOSE be worth now?

2 PIPPIN CLOSE might now be worth an estimated £901,424.

This is based on house price deflation of 5.1%, between March 2022 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 5.1% deflationary decrease is applied to the most recent sale price for 2 PIPPIN CLOSE of £950,000 on 30th March 2022. For the value to have decreased from £950,000 to £901,424 over the three years and one month to February 2025, the following assumptions must hold true:

• The value of 2 PIPPIN CLOSE has moved in line with the HPI for detached houses in the New Forest local authority area.
• The March 2022 sale price of £950,000 represented a fair market value for the property.
• The size, condition, and specification of 2 PIPPIN CLOSE has not materially changed since March 2022.

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 houses in Lymington, based on EPC data. The below chart shows the distribution of detached houses houses by size in Lymington, and where 2 PIPPIN CLOSE lies on this distribution: 85% of detached houses 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.