7, HIVES WAY, LYMINGTON, SO41 8YE - £356,800

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.

7 HIVES WAY is a very small detached house of 73m², built sometime between 1976 and 1982, which could now be worth an estimated £352,079. It was last sold for £356,800 in June 2024, which was around 40% below the average June 2024 detached price in the New Forest local authority area. The most recent EPC inspection was November 2022, where the current energy rating was D, and the potential energy rating was B.

7 HIVES WAY Sold Prices

Land registry data shows two sales for 7 HIVES WAY since 1^st 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. Both of the two 7 HIVES 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 28 JUN	£356,800	£590,260	40% below HPI
2013 29 JUL	£232,500	£364,929	36% below HPI

7 HIVES 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 two 7 HIVES WAY sales from July 2013 and June 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 July 2013 sale was for 36% below the HPI. So the extrapolation line tracks at 36% below the HPI over time, until the June 2024 sale, where it falls to 40% below the HPI. The line then continues to track at 40% below the HPI.

What might 7 HIVES WAY be worth now?

7 HIVES WAY might now be worth an estimated £352,079.

This is based on house price deflation of 1.3%, between June 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 1.3% deflationary decrease is applied to the most recent sale price for 7 HIVES WAY of £356,800 on 28th June 2024. For the value to have decreased from £356,800 to £352,079 over the one year and four months to February 2025, the following assumptions must hold true:

• The value of 7 HIVES WAY has moved in line with the HPI for detached houses in the New Forest local authority area.
• The June 2024 sale price of £356,800 represented a fair market value for the property.
• The size, condition, and specification of 7 HIVES WAY has not materially changed since June 2024.

How Large is 7 HIVES WAY?

7 HIVES WAY is 73m² according to the EPC inspection conducted in November 2022. This puts it in the smallest 10% of detached houses houses in Lymington, based on EPC data. The below chart shows the distribution of detached houses houses by size in Lymington, and where 7 HIVES WAY lies on this distribution: 6% of detached houses houses are smaller than 7 HIVES WAY, and 93% of houses are larger. Note that EPC data is not available for all properties in Lymington.

7 HIVES WAY: Plot and Title Map

7 HIVES WAY sits on a plot of roughly 0.072 of an acre, or 292m². The below map shows the location of 7 HIVES 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 7 HIVES 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 7 HIVES WAY?

7 HIVES WAY is located in LYMINGTON, in the SO41 postcode district. The below map shows the position of No. 7 on HIVES WAY.