38, WISBECH WAY, HORDLE, LYMINGTON, SO41 0YQ - £500,000

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.

38 WISBECH WAY is a midsized detached house of 101m², built sometime between 1996 and 2002, which could now be worth an estimated £497,108. It was last sold for £500,000 in September 2024, which was around 15% below the average September 2024 detached price in the New Forest local authority area. The most recent EPC inspection was April 2015, where the current energy rating was D, and the potential energy rating was B.

38 WISBECH WAY Sold Prices

Land registry data shows five sales for 38 WISBECH WAY since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the New Forest local authority area for the corresponding sale date. All of the five 38 WISBECH WAY sales 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
2024 30 SEP	£500,000	£585,838	15% below HPI
2015 23 OCT	£325,000	£443,519	27% below HPI
1999 20 DEC	£148,000	£166,046	11% below HPI
1999 25 MAY	£114,000	£148,084	23% below HPI
1998 30 JUN	£99,950	£141,159	29% below HPI

38 WISBECH WAY 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 five 38 WISBECH WAY sales between June 1998 and September 2024 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 2015 sale was for 27% below the HPI. So the extrapolation line tracks at 27% below the HPI over time, until the September 2024 sale, where it rises to 15% below the HPI. The line then continues to track at 15% below the HPI.

What might 38 WISBECH WAY be worth now?

38 WISBECH WAY might now be worth an estimated £497,108.

This is based on house price deflation of 0.6%, between September 2024 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 0.6% deflationary decrease is applied to the most recent sale price for 38 WISBECH WAY of £500,000 on 30th September 2024. For the value to have decreased from £500,000 to £497,108 over the one year and seven months to February 2025, the following assumptions must hold true:

• The value of 38 WISBECH WAY has moved in line with the HPI for detached houses in the New Forest local authority area.
• The September 2024 sale price of £500,000 represented a fair market value for the property.
• The size, condition, and specification of 38 WISBECH WAY has not materially changed since September 2024.

How Large is 38 WISBECH WAY?

38 WISBECH WAY is 101m² according to the EPC inspection conducted in April 2015. This puts it in the smallest 50% of detached houses houses in Hordle, based on EPC data. The below chart shows the distribution of detached houses houses by size in Hordle, and where 38 WISBECH WAY lies on this distribution: 45% of detached houses houses are smaller than 38 WISBECH WAY, and 53% of houses are larger. Note that EPC data is not available for all properties in Hordle.

38 WISBECH WAY: Plot and Title Map

38 WISBECH WAY sits on a plot of roughly 0.111 of an acre, or 448m². The below map shows the location of 38 WISBECH WAY, 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 38 WISBECH WAY). 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 38 WISBECH WAY?

38 WISBECH WAY is located in HORDLE, in the SO41 postcode district. The below map shows the position of No. 38 on WISBECH WAY.