2, THE PINES, HORDLE, LYMINGTON, SO41 0EP - £420,000

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 THE PINES is a midsized detached house of 101m². It was last sold for £420,000 in September 2019, which was around 12% below the average September 2019 detached price in the New Forest local authority area. The most recent EPC inspection was August 2019, where the current energy rating was C, and the potential energy rating was B.

2 THE PINES Sold Prices

Land registry data shows four sales for 2 THE PINES 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. Most of the four 2 THE PINES 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
2019 16 SEP	£420,000	£475,500	12% below HPI
2014 1 MAY	£337,500	£367,437	8% below HPI
2007 17 AUG	£390,000	£347,615	12% above HPI
2001 13 JUL	£195,000	£204,033	4% below HPI

2 THE PINES 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 2 THE PINES sales between July 2001 and September 2019 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 May 2014 sale was for 8% below the HPI. So the extrapolation line tracks at 8% below the HPI over time, until the September 2019 sale, where it falls to 12% below the HPI. The line then continues to track at 12% below the HPI.

How Large is 2 THE PINES?

2 THE PINES is 101m² according to the EPC inspection conducted in August 2019. This puts it in the smallest 50% 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 THE PINES lies on this distribution: 45% of detached houses are smaller than 2 THE PINES, and 53% of houses are larger. Note that EPC data is not available for all properties in Hordle.

2 THE PINES: Plot and Title Map

2 THE PINES sits on a plot of roughly 0.074 of an acre, or 300m². The below map shows the location of 2 THE PINES, 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 THE PINES). 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 THE PINES?

2 THE PINES is located in HORDLE, in the SO41 postcode district. The below map shows the position of No. 2 on THE PINES.