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
23 LODGE ROAD is a large extended detached house of 139m², built sometime between 1950 and 1966. It was last sold for £450,000 in October 2016, which was around 2% above the average October 2016 detached price in the New Forest local authority area. The most recent EPC inspection was January 2016, where the current energy rating was D, and the potential energy rating was C.
Land registry data shows six sales for 23 LODGE ROAD since 1st January 1995. The below table shows the price paid for the six sales, along with the average detached price in the New Forest local authority area for the corresponding sale date. Most of the six 23 LODGE ROAD 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 |
---|---|---|---|
2016 28 OCT | £450,000 | £442,382 | 2% above HPI |
2013 28 AUG | £329,000 | £351,071 | 6% below HPI |
2001 15 AUG | £182,500 | £205,549 | 11% below HPI |
1999 26 NOV | £128,500 | £155,145 | 17% below HPI |
1997 25 APR | £95,000 | £111,106 | 14% below HPI |
1996 29 JUL | £69,950 | £103,120 | 32% below HPI |
The below graph shows the average detached house price in the New Forest local authority area over time, sourced from the HPI. The six 23 LODGE ROAD sales between July 1996 and October 2016 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 August 2013 sale was for 6% below the HPI. So the extrapolation line tracks at 6% below the HPI over time, until the October 2016 sale, where it rises to 2% above the HPI. The line then continues to track at 2% above the HPI.
23 LODGE ROAD is 139m², which includes one extension, according to the EPC inspection conducted in January 2016. This puts it in the largest 40% of detached houses in Lymington, based on EPC data. The below chart shows the distribution of detached houses by size in Lymington, and where 23 LODGE ROAD lies on this distribution: 61% of detached houses are smaller than 23 LODGE ROAD, and 38% of houses are larger. Note that EPC data is not available for all properties in Lymington.
23 LODGE ROAD sits on a plot of roughly 0.192 of an acre, or 777m². The below map shows the location of 23 LODGE ROAD, 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 23 LODGE ROAD). 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.
23 LODGE ROAD is located in PENNINGTON, in the SO41 postcode district. The below map shows the position of No. 23 on LODGE ROAD.