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 MONMOUTH MEWS is a very small extended detached house of 73m², built sometime between 1976 and 1982. It was last sold for £485,000 in May 2020, which was around 1% above the average May 2020 detached price in the New Forest local authority area. The most recent EPC inspection was November 2016, where the current energy rating was D, and the potential energy rating was B.
Land registry data shows four sales for 3 MONMOUTH MEWS since 1st 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. two of the four 3 MONMOUTH MEWS sales were for above the average price, and four 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 |
---|---|---|---|
2020 28 MAY | £485,000 | £478,474 | 1% above HPI |
2017 31 JAN | £460,000 | £454,163 | 1% above HPI |
2010 11 JUN | £330,000 | £341,923 | 3% below HPI |
2001 7 DEC | £195,000 | £208,769 | 7% 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 four 3 MONMOUTH MEWS sales between December 2001 and May 2020 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 January 2017 sale was for 1% above the HPI. So the extrapolation line tracks at 1% above the HPI over time, until the May 2020 sale, which was also at 1% above the HPI.
3 MONMOUTH MEWS is 73m², which includes one extension, according to the EPC inspection conducted in November 2016. This puts it in the smallest 10% 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 MONMOUTH MEWS lies on this distribution: 6% of detached houses are smaller than 3 MONMOUTH MEWS, and 93% of houses are larger. Note that EPC data is not available for all properties in Lymington.
3 MONMOUTH MEWS sits on a plot of roughly 0.024 of an acre, or 97m². The below map shows the location of 3 MONMOUTH MEWS, 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 MONMOUTH MEWS). 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.
3 MONMOUTH MEWS is located in LYMINGTON, in the SO41 postcode district. The below map shows the position of No. 3 on MONMOUTH MEWS.