3, STANFORD RISE, SWAY, LYMINGTON, SO41 6DW - £590,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

3 STANFORD RISE is a very small extended detached house of 76m², built sometime between 1967 and 1975. It was last sold for £590,000 in June 2021, which was around 14% above the average June 2021 detached price in the New Forest local authority area. The most recent EPC inspection was January 2012, where the current energy rating was D, and the potential energy rating was C.

3 STANFORD RISE Sold Prices

Land registry data shows three sales for 3 STANFORD RISE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the New Forest local authority area for the corresponding sale date. One of the three 3 STANFORD RISE sales was for above the average price, whilst two 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
2021 25 JUN	£590,000	£516,296	14% above HPI
2006 16 OCT	£250,000	£321,896	22% below HPI
1996 17 JAN	£92,950	£99,874	7% below HPI

3 STANFORD RISE 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 three 3 STANFORD RISE sales between January 1996 and June 2021 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 October 2006 sale was for 22% below the HPI. So the extrapolation line tracks at 22% below the HPI over time, until the June 2021 sale, where it rises to 14% above the HPI. The line then continues to track at 14% above the HPI.

How Large is 3 STANFORD RISE?

3 STANFORD RISE is 76m², which includes two extensions, according to the EPC inspection conducted in January 2012. This puts it in the smallest 10% of detached houses in Sway, based on EPC data. The below chart shows the distribution of detached houses by size in Sway, and where 3 STANFORD RISE lies on this distribution: 9% of detached houses are smaller than 3 STANFORD RISE, and 91% of houses are larger. Note that EPC data is not available for all properties in Sway.

3 STANFORD RISE: Plot and Title Map

3 STANFORD RISE sits on a plot of roughly 0.062 of an acre, or 252m². The below map shows the location of 3 STANFORD RISE, 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 STANFORD RISE). 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 STANFORD RISE?

3 STANFORD RISE is located in SWAY, in the SO41 postcode district. The below map shows the position of No. 3 on STANFORD RISE.