3, BROAD LANE, LYMINGTON, SO41 3QN - £785,000

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

3 BROAD LANE is a small extended detached house of 103m², built sometime between 1967 and 1975. It was last sold for £785,000 in November 2023, which was around 38% above the average November 2023 detached price in the New Forest local authority area. The most recent EPC inspection was June 2023, where the current energy rating was D, and the potential energy rating was B.

3 BROAD LANE Sold Prices

Land registry data shows two sales for 3 BROAD LANE 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. Both of the two 3 BROAD LANE 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
2023 22 NOV	£785,000	£568,660	38% above HPI
2006 25 SEP	£387,500	£320,646	21% above HPI

3 BROAD LANE 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 3 BROAD LANE sales from September 2006 and November 2023 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 September 2006 sale was for 21% above the HPI. So the extrapolation line tracks at 21% above the HPI over time, until the November 2023 sale, where it rises to 38% above the HPI. The line then continues to track at 38% above the HPI.

How Large is 3 BROAD LANE?

3 BROAD LANE is 103m², which includes one extension, according to the EPC inspection conducted in June 2023. This puts it in the smallest 30% of detached houses in Lymington, based on EPC data. The below chart shows the distribution of detached houses by size in Lymington, and where 3 BROAD LANE lies on this distribution: 29% of detached houses are smaller than 3 BROAD LANE, and 71% of houses are larger. Note that EPC data is not available for all properties in Lymington.

3 BROAD LANE: Plot and Title Map

3 BROAD LANE sits on a plot of roughly 0.137 of an acre, or 555m². The below map shows the location of 3 BROAD LANE, 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 3 BROAD LANE). 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 3 BROAD LANE?

3 BROAD LANE is located in LYMINGTON, in the SO41 postcode district. The below map shows the position of No. 3 on BROAD LANE.