2, THE RINGS, LYMINGTON, SO41 8QP - £500,000

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 THE RINGS is a midsized detached house of 118m², which could now be worth an estimated £573,919. It was last sold for £500,000 in May 2018, which was around 1% below the average May 2018 detached price in the New Forest local authority area. The most recent EPC inspection was August 2015, where the current energy rating was A, and the potential energy rating was A.

2 THE RINGS Sold Prices

Land registry data shows two sales for 2 THE RINGS since 1^st 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. One of the two 2 THE RINGS sales was for below the average price, whilst the other was roughly equal to 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 16 MAY	£500,000	£507,432	1% below HPI
2016 18 MAR	£460,000	£461,899	Close to HPI

2 THE RINGS 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 two 2 THE RINGS sales from March 2016 and May 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 March 2016 sale roughly matched the HPI. So the extrapolation line tracks roughly in line with the HPI over time, until the May 2018 sale, where it falls to 1% below the HPI. The line then continues to track at 1% below the HPI.

What might 2 THE RINGS be worth now?

2 THE RINGS might now be worth an estimated £573,919.

This is based on house price inflation of 14.8%, between May 2018 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 14.8% inflationary increase is applied to the most recent sale price for 2 THE RINGS of £500,000 on 16th May 2018. For the value to have increased from £500,000 to £573,919 over the seven years and three months to February 2025, the following assumptions must hold true:

• The value of 2 THE RINGS has moved in line with the HPI for detached houses in the New Forest local authority area.
• The May 2018 sale price of £500,000 represented a fair market value for the property.
• The size, condition, and specification of 2 THE RINGS has not materially changed since May 2018.

How Large is 2 THE RINGS?

2 THE RINGS is 118m² according to the EPC inspection conducted in August 2015. This puts it in the smallest 50% 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 THE RINGS lies on this distribution: 42% of detached houses houses are smaller than 2 THE RINGS, and 57% of houses are larger. Note that EPC data is not available for all properties in Lymington.

2 THE RINGS: Plot and Title Map

2 THE RINGS sits on a plot of roughly 0.108 of an acre, or 439m². The below map shows the location of 2 THE RINGS, 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 RINGS). 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 RINGS?

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