31, PRINCESS ROYAL CLOSE, LYMINGTON, SO41 9NY - £425,000

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

31 PRINCESS ROYAL CLOSE is a very small extended detached house of 89m², built sometime from 2007 onwards. It was last sold for £425,000 in August 2020, which was around 12% below the average August 2020 detached price in the New Forest local authority area. The most recent EPC inspection was January 2020, where the current energy rating was C, and the potential energy rating was B.

31 PRINCESS ROYAL CLOSE Sold Prices

Land registry data shows three sales for 31 PRINCESS ROYAL CLOSE 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. Two of the three 31 PRINCESS ROYAL CLOSE sales were for below the average price, whilst one was 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
2020 21 AUG	£425,000	£484,642	12% below HPI
2014 28 NOV	£355,000	£387,639	8% below HPI
2009 28 MAY	£305,000	£297,517	3% above HPI

31 PRINCESS ROYAL CLOSE 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 31 PRINCESS ROYAL CLOSE sales between May 2009 and August 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 November 2014 sale was for 8% below the HPI. So the extrapolation line tracks at 8% below the HPI over time, until the August 2020 sale, where it falls to 12% below the HPI. The line then continues to track at 12% below the HPI.

How Large is 31 PRINCESS ROYAL CLOSE?

31 PRINCESS ROYAL CLOSE is 89m², which includes one extension, according to the EPC inspection conducted in January 2020. 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 31 PRINCESS ROYAL CLOSE lies on this distribution: 18% of detached houses are smaller than 31 PRINCESS ROYAL CLOSE, and 81% of houses are larger. Note that EPC data is not available for all properties in Lymington.

31 PRINCESS ROYAL CLOSE: Plot and Title Map

31 PRINCESS ROYAL CLOSE sits on a plot of roughly 0.067 of an acre, or 270m². The below map shows the location of 31 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 31 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.

Where is 31 PRINCESS ROYAL CLOSE?

31 PRINCESS ROYAL CLOSE is located in LYMINGTON, in the SO41 postcode district. The below map shows the position of No. 31 on PRINCESS ROYAL CLOSE.