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 PRINCESS ROYAL CLOSE is a very small extended detached house of 80m², built sometime from 2007 onwards. It was last sold for £370,000 in June 2013, which was around 7% above the average June 2013 detached price in the New Forest local authority area. The most recent EPC inspection was March 2013, where the current energy rating was C, and the potential energy rating was B.
Land registry data shows two sales for 3 PRINCESS ROYAL CLOSE since 1st 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 3 PRINCESS ROYAL CLOSE sales was for above the average price, whilst the other was 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 |
---|---|---|---|
2013 10 JUN | £370,000 | £345,548 | 7% above HPI |
2007 20 DEC | £344,950 | £358,699 | 4% 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 two 3 PRINCESS ROYAL CLOSE sales from December 2007 and June 2013 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 December 2007 sale was for 4% below the HPI. So the extrapolation line tracks at 4% below the HPI over time, until the June 2013 sale, where it rises to 7% above the HPI. The line then continues to track at 7% above the HPI.
3 PRINCESS ROYAL CLOSE is 80m², which includes one extension, according to the EPC inspection conducted in March 2013. This puts it in the smallest 20% 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 PRINCESS ROYAL CLOSE lies on this distribution: 11% of detached houses are smaller than 3 PRINCESS ROYAL CLOSE, and 88% of houses are larger. Note that EPC data is not available for all properties in Lymington.
3 PRINCESS ROYAL CLOSE sits on a plot of roughly 0.051 of an acre, or 204m². The below map shows the location of 3 PRINCESS ROYAL CLOSE, 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 PRINCESS ROYAL CLOSE). 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 PRINCESS ROYAL CLOSE is located in LYMINGTON, in the SO41 postcode district. The below map shows the position of No. 3 on PRINCESS ROYAL CLOSE.