3, GROVE PASTURES, LYMINGTON, SO41 3RG - £1,117,500

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.

3 GROVE PASTURES is a very large detached house of 195m², built sometime between 2003 and 2006, which could now be worth an estimated £1,775,878. It was last sold for £1,117,500 in October 2012, which was around 205% above the average October 2012 detached price in the New Forest local authority area. The most recent EPC inspection was June 2012, where the current energy rating was C, and the potential energy rating was C.

3 GROVE PASTURES Sold Prices

Land registry data shows four sales for 3 GROVE PASTURES 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. All of the four 3 GROVE PASTURES 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
2012 31 OCT	£1,117,500	£366,516	205% above HPI
2002 26 MAR	£475,000	£218,044	118% above HPI
2001 13 SEP	£341,000	£219,164	56% above HPI
1996 28 FEB	£143,000	£105,660	35% above HPI

3 GROVE PASTURES 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 3 GROVE PASTURES sales between February 1996 and October 2012 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 2002 sale was for 118% above the HPI. So the extrapolation line tracks at 118% above the HPI over time, until the October 2012 sale, where it rises to 205% above the HPI. The line then continues to track at 205% above the HPI.

What might 3 GROVE PASTURES be worth now?

3 GROVE PASTURES might now be worth an estimated £1,775,878.

This is based on house price inflation of 58.9%, between October 2012 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 58.9% inflationary increase is applied to the most recent sale price for 3 GROVE PASTURES of £1,117,500 on 31st October 2012. For the value to have increased from £1,117,500 to £1,775,878 over the thirteen years and eight months to February 2025, the following assumptions must hold true:

• The value of 3 GROVE PASTURES has moved in line with the HPI for detached houses in the New Forest local authority area.
• The October 2012 sale price of £1,117,500 represented a fair market value for the property.
• The size, condition, and specification of 3 GROVE PASTURES has not materially changed since October 2012.

How Large is 3 GROVE PASTURES?

3 GROVE PASTURES is 195m² according to the EPC inspection conducted in June 2012. 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 3 GROVE PASTURES lies on this distribution: 88% of detached houses houses are smaller than 3 GROVE PASTURES, and 12% of houses are larger. Note that EPC data is not available for all properties in Lymington.

3 GROVE PASTURES: Plot and Title Map

3 GROVE PASTURES sits on a plot of roughly 0.221 of an acre, or 896m². The below map shows the location of 3 GROVE PASTURES, 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 GROVE PASTURES). 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 GROVE PASTURES?

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